Grade II Listed Mid Terrace Mixed Use Freehold Investment Comprising 2 x Commercial Units and 6 x Flats
The Auctioneers have not been able to inspect the property, therefore, are unable to confirm the condition of 29 & 29a High Street, Newport
Location
Situated in the centre of Newport, Isle of Wight, one of the main commercial centres of the island and in one of the main retail areas of the town.
Accommodation
The Auctioneers have been informed of the following accommodation and sizes:
29 High Street Commercial Premises – 58.6sqm / 630sq ft
29a High Street Commercial Premises – 97.5sqm / 1,049sq ft
Ground Floor Flat 1 – 1 bedroom, kitchen/lounge/dining, bathroom – 36.6sqm / 393sq ft
First Floor Flat 2 – 1 bedroom, kitchen/lounge/dining, bathroom – 52.4sqm / 564sq ft
First Floor Flat 3 – 2 bedroom, kitchen/dining, lounge, bathroom – 11.8sqm / 1,203sq ft Second Floor Flat 4 – 2 bedroom, lounge/kitchen/dining, bathroom – 64.2sqm / 691sq ft
Second Floor Flat 5 – 1 bedroom, lounge/kitchen/dining, bathroom – 61.9sqm / 665sq ft
First & Second Floor Flat 6 – 2 bedroom, lounge/kitchen/dining, ensuite, bathroom – 41sqm / 441sq ft Total Approximate Floor Area – 524sqm / 5,640sq ft
Terms
**For Sale By Auction on Wednesday 21 October 2026**
*Guide Price £575,000 (plus fees)
NB WE DRAW YOUR ATTENTION TO THE SPECIAL CONDITIONS IN THE LEGAL PACK, AND OTHER CHARGES IN ADDITION TO THE PURCHASE PRICE. PLEASE ENSURE YOU HAVE READ THE LEGAL PACK AND SPECIAL CONDITIONS THOROUGHLY
Lot Type
Mixed Use Grade II Listed Freehold Property
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Administration Charge - Purchasers will be required to pay an Administration fee of 1% (inc VAT) of the sale price, subject to a minimum of £1,750 (inc VAT)
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Specification
Tenancies
29 High street commercial unit is vacant
29a High Street commercial unit is occupied and let at a rent of £18,000 per annum exclusive. The auctioneers have not had sight or been informed of the full lease terms.
Ground Floor Flat 1 is vacant
The remaining 5 x flats are tenanted. The auctioneers have not had sight or been informed of the tenancy terms or rental figures
Tenure - Freehold
Rateable Value
29a - £6,900
29b - £8,500
Council Tax
Flats 1 & 2 - Band A
Flats 3, 4, 5 & 6 - Band B
EPC Rating
29 High Street - C
29a High Street - B
Flats 1, 2, 3, 5 & 6 - C
Flat 4 - TBC