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Pyle Street, NewportCommercial property for sale

£750,000
Sold STC
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About this property

A great opportunity to purchase a freehold purpose built office building in Newport Town Centre.

LOCATION
Situated in Newport Town Centre, this property is within walking distance to the bus station, shopping areas and amenities.

Newport is the County Town of the Isle of Wight and offers a variety of shopping amenities, churches, doctors, hospital and transport links. The town is within approximately a 15 minute drive of the Red Funnel ferry service in East Cowes and approximately 20 minutes of the Wightlink ferry service in Fishbourne.

DESCRIPTION
Offered for sale is a detached purpose built office building with accommodation over 3 floors. The property was constructed in the early 1990’s and offers parking to the side and rear for circa 10 vehicles and lift access to all floors.

The current accommodation is laid out as such:
Ground Floor
Public entrance with reception area
Open plan office space
WC’s
Stores
Hallway with access to lift
Stairs to first floor
Retail unit to the side
Two secondary stairwells

First Floor
Accessed via lift and three stairwells
Open plan office space
Separate office unit

Second Floor
Accessed via lift and two stairwells
Hallway with 10 x offices off
WC’s
Kitchen

Externally
The property is accessed via a set of small steps to the front or a ramp providing disabled access. Pedestrian access are provided to both stairwells via the side and rear of the property. Off road parking is accessed via a driveway to the right of the unit and parking is arranged for approximately 10 vehicles including undercroft parking. Refuse and plant area.

Approximate accommodation to each floor as follows:
Floor Sq m Sq ft
Ground Floor 241.68 2601.44
First Floor 301.30 3243.20
Second Floor 215.90 2323.95

This schedule doesn’t include WC facilities.

The construction of the internal offices is such that internal alterations to layout can be made to the majority of the offices if required.

SERVICES
The property has mains gas, electric, water and drainage.

TERMS
This freehold property is available to purchase, Guide Price £750,000.

OUTGOINGS
The VOA shows a rateable value of £55,500. Using the current UBR the rates payable would be circa £28,500pa.

PARKING NOTES
Off road parking for circa 10 vehicles.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727 or email commercial@hrdiw.co.uk

Map

Brochure

Property Brochure

Pyle Street, Newport

£750,000

Full PDF brochure containing all the details of the property in Pyle Street, Newport - £750,000

Branch

Commerical

The Estate Office, 138 High Street, Newport, Isle of Wight, PO30 1TY

01983 527727

[javascript protected email address]

Opening hours

  • Monday08:30 - 17:30
  • Tuesday08:30 - 17:30
  • Wednesday08:30 - 17:30
  • Thursday08:30 - 17:30
  • Friday08:30 - 17:30

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