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52 High St
624 SF of Retail Space Available in Newport PO30 1SB
Highlights
- Newport is the county town of the Isle of Wight
- A new Tesco Express store is due to open imminently just opposite the subject unit
- The premises occupy a prime location within the main High Street
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
Ground | 624 SF | Negotiable | $42.74 CAD/SF/YR $3.56 CAD/SF/MO $460.07 CAD/m²/YR $38.34 CAD/m²/MO $2,223 CAD/MO $26,671 CAD/YR | Fully Repairing & Insuring |
Ground
A prime-located retail unit with upper floors – available on a new lease in the heart of the Island’s main Town Centre. The premises are available on a new full repairing and insuring lease, for a term of years to be agreed, subject to an upward only rent review at the expiry of each 5th year of the term.
- Use Class: E
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Kitchen
- Secure Storage
- Energy Performance Rating - C
- Private Restrooms
- Ancillary accommodation on the first floor
- Glass display frontage
- Storage
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
PROPERTY FACTS FOR 52 High St , Newport, IOW PO30 1SB
Property Type | Retail | Gross Leasable Area | 940 SF |
Property Subtype | Storefront | Year Built | 1900 |
Property Type | Retail |
Property Subtype | Storefront |
Gross Leasable Area | 940 SF |
Year Built | 1900 |
About the Property
The property comprises a ground floor shop with ancillary accommodation on the first floor including a kitchenette, single WC, and storage. The second floor has ladder access only. The shop is backed by a small side office and a lobby with a staircase up to the first floor. The property is located in the centre of Newport High Street, adjacent to Vodafone and close to JD, Clarks, WH Smith and Specsavers.
- Energy Performance Rating - C
Nearby Major Retailers
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52 High St
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