Hotel/guest house to let in St Thomas Square, Newport, Isle Of Wight PO30

Location

Charter House is located in St Thomas Square, adjacent to St Thomas Church and supported by many eateries and specialist retail units. Newport is the Island's undoubted commercial centre with an immediate population of around 25,000 and an adjusted catchment of circa 60,000 when Newport operates as the comparison shopping centre for the entire Island population of around 130,000. Continued investment in the town from Boots, Clinton Cards, The Card Factory, Costa Coffee, The Works, Bet Fred and J D Wetherspoon ensures its importance as a retail and leisure centre.

Description

Letting rooms on the 1st & 2nd floors

Upper Floors

The two upper floors have been lavishly converted to create six up-market letting rooms, all benefitting from en-suite bathrooms and fittings as follows:- LED light fittings in all public areas, card entry door system to bedrooms, energy saving system for room lights, under-floor heating in bathrooms, mega flow water system per floor of 3 rooms, individual heating/air con units in all rooms. Further information available on the website:

Terms

Business, fixtures and fittings offered for sale, £poa, along with the assignment of the leas held on the property. We understand that the current passing rent £37,500 per annum. Ground floor restaurant also available on a separate lease.

Viewing

Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Morgan Williams on .

E: Or

Uniform Business Rate

Rateable Value: £6,100 – Guest House

2022/2023: £0.512p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on .