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Select from our Offices

Waterside House
72a High Street
Cowes
Isle of Wight
PO31 7RE

01983 200880
cowes@spencewillard.co.uk

Charles Spence
Charles Spence
Spence Willard team
Emma Bradley
Tanya Hill
Tanya Hill
Zadie Margham
Philip Weeks
Gaynor Owen

Sherbourne Street
Bembridge
Isle of Wight
PO35 5SB

01983 873000
bembridge@spencewillard.co.uk

Spence Willard team
Sam Branston
Hannah Cook
Hannah Cook
Lauren Taylor
Charlotte Branston
Charlotte Branston

The Square
Yarmouth
Isle of Wight
PO41 0NP

01983 761005
yarmouth@spencewillard.co.uk

Spence Willard Yarmouth
Spence Willard team
Duncan Willard
Lesley Samson
Lesley Samson

The Old Bank
Tennyson Road
Freshwater
Isle of Wight
PO40 9AB

01983 756575
freshwater@spencewillard.co.uk

Jason Siviter
Jason Siviter
David Langford
David Langford
Cynthia Robertson

The Square
Yarmouth
Isle of Wight
PO41 0NP

01983 761005 opt 2
lettings@spencewillard.co.uk

Spence Willard office
Laura Homes
Alice MacNab
Alice MacNab
Henrietta MacLean
Henrietta MacLean

40 St James' Place
London
SW1A 1NS

020 7839 0888
london@spencewillard.co.uk

Spence Willard London office
Bob Bickersteth
Bob Bickersteth
Contact

THE UNIT

Well located, just a short distance from The Square and set amongst an interesting variety of other commercial premises. This ground floor unit has an internal frontage of 26′ with an initial depth of 17′ to provide approx 445 square feet (41.3 square metres) net sales space and benefits from large double-fronted display windows with a central access door.

To the rear of the unit, and L shaped store room with kitchenette area and separate Cloakroom with WC

LOCATION

Yarmouth is a popular and busy Harbour town on the Island’s north west coast. With a regular vehicle and passenger ferry service to Lymington the town sees good numbers of visitors and locals alike. The town has a wide variety of retail, hospitality and leisure facilities.

PLANNING

Currently retrails. Subject to the Landlord’s consent, and the necessary planning consents, other uses within “Class E” may be considered. For further information interested parties are advised to make further enquiries directly with the Isle of Wight Council’s Planning Department on 01983 823552

RATEABLE VALUE

From April 2023 – £10,750
UBR 2023/2024 @ 49.9p in the £.
Subject to the tenant also qualifying, these premises should qualify for complete Small Business Rates Relief.
Prospective Tenants should verify this directly with the Isle of Council Rating Office on 01983 823920

SERVICES

Mains water, electricity and drainage understood to be connected

EPC

Rating C

TENURE

By way of a new full repairing and insuring commercial lease with, if appropriate, two yearly upwards-only rent reviews.
The Landlord will insure the building with the tenant to pay their share of the Insurance premium. The Landlord may reserve the right to exclude the lease from the security provisions of the Landlord & Tenant Act 1954, Part II. All other terms by negotiation.

POSSESSION

Upon Legal Completion, on a mutually agreeable date.
The current tenant has given notice that they do not wish to renew their lease.

RENTAL GUIDE

£12,750 P.A.X

LEGAL COSTS

The incoming tenant may be required to contribute towards the Landlord’s reasonable legal costs in respect of this matter

VAT

We are not aware of any VAT liability in respect of this property., however prospective tenants are advised to check this for themselves

VIEWINGS

VERY STRICTLY by prior appointment with the joint sole Agents Spence Willard, 01983 761005 or Scotcher & Co 01983 822288

Important Notice
1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property, its condition or its value. Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc.: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only.
3. Regulations etc.: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4. VAT: The VAT position relating to the property may change without notice.