Register for instant
property alerts

Madeira, 38 Simeon StreetCommercial property for sale

Book a viewing

About this property

Great opportunity to purchase a trading antique store and coffee shop on a prominent corner location.

Located on Simeon Street, the property is just a short walk from the Town Centre, the Esplanade and Ryde’s extensive sandy beaches.

The unit enjoys a prominent corner position which benefits from a high foot fall with walkers, locals and tourists alike.

Ryde is the biggest town on the Island by population, circa 32,000 (2011 census) and offers great transport links across the Island with Ryde Pier housing the Fastcat to Portsmouth.

Offered for sale is Madeira, a well-known trading antique store and coffee shop.

The unit benefits from large dual aspect windows and measures approximately 50 sqm. The ground floor consists of retail space, a coffee bar & seating area with a tanked, well-kept basement to the lower ground floor and a separate WC.

The current owner has a café license for 35% of the shop which generally consists of approximately 15 covers and have previously served cold food such as cakes and sandwiches.

All items in the shop will be included in the sale, including the Fracino coffee machine and ICR till.

The unit benefits from electricity, water and drainage.

Our client is asking Guide Price £99,000 for the fixtures, fittings, goodwill, stock and the remainder of the lease at circa 676 years.

The VOA shows a ratable value of £4,950. The rates payable would be circa £2,500 per annum. The property may be eligible for some reduced level of rates relief, all enquiries for this should be directly with the Valuation Office Agency or IOW Council.

All viewings to be arranged via HRD Commercial. Please contact on 01983 527727 or



Property Brochure

Madeira, 38 Simeon Street


Full PDF brochure containing all the details of the property in Madeira, 38 Simeon Street - £99,000



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

Book a viewing

You're requesting a viewing for:Madeira, 38 Simeon Street - £99,000

  • Would you like to be added to our mailing list to receive details of other properties and general updates?
  • This field is for validation purposes and should be left unchanged.