Lotu.uk

 - UK Property Auctions

Freehold Retail Investment and Development Opportunity

Freehold Retail Investment and Development Opportunity

Address

117-118 High Street, Newport, Isle of Wight, PO30 1TP, England

Auction date

10 Jul 2025

Guide price

£1,000,000

Type

Commercial

Tenure

Freehold

EPC Rating

Unknown

Auctioneer

Acuitus

Description

Freehold Retail Investment and Development Opportunity

  • Grade II Listed building with 2 shops and vacant upper floors
  • Tenants include Waterstones and O2
  • Waterstones renewed lease until January 2030 with no breaks
  • O2 let until May 2028
  • Positive pre-application received for change of use of upper floors
  • Includes large car park with 22 spaces
  • Site area: 0.15 Ha (0.37 Acres)
  • Total floor area: approx 1,167.83 sq. m. (12,838 sq. ft.)

Last update: 24 Jun 2025

Similar property auctions

Search more auctions