Chantry House 29-31 Pyle Street Newport Isle of Wight PO30 1JW

Chantry House
29-31 Pyle Street
Newport
Isle of Wight
PO30 1JW

Freehold Office Opportunity

Attractive Well Located Office Building
Residential redevelopment Potential, Subject to Consents
Situated in mixed Residential and Commercial Street
Grade II Listed - Exempt from Vacant Business Rates
Large Car Park at the Rear.
Nearby occupiers include, B&M, McDonalds, TK Maxx, Newport Fire Station, Isle of Wight Council and a range of local businesses and cafe's

Lot
39
Auction
15th May 2025
Vacant Possession
Status
Sold
Price
£175,000
Auction Venue
Live Streamed Auction

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Freehold Office Opportunity

Attractive Well Located Office Building
Residential redevelopment Potential, Subject to Consents
Situated in mixed Residential and Commercial Street
Grade II Listed - Exempt from Vacant Business Rates
Large Car Park at the Rear.
Nearby occupiers include, B&M, McDonalds, TK Maxx, Newport Fire Station, Isle of Wight Council and a range of local businesses and cafe's

Lot 39
Auction 15th May 2025
Vacant Possession
Status Sold
Price £175,000
Sector
Office, Medical Centre/Doctors, Vacant
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 5 miles south of Cowes, 15 miles south-west of Portsmouth
Roads: A3, A3054, M27, M275
Rail: Ryde Esplanade, Ryde St Johns Road
Air: Isle of Wight Airport, Southampton Airport

Situation

Pyle Street is situated in the heart of Newport town centre running parallel with High Street, which is some 50 metres to the north. The property is situated on the south side of Pyle Street, some 50 metres east of its junction with Town Lane. Pyle Street has a mixed residential and Commercial occupiers with nearby occupiers include, B&M, McDonalds, TK Maxx, Newport Fire Station, Isle of Wight Council and a range of local businesses and cafe's.

Tenure

Freehold.

Location

Miles: 5 miles south of Cowes, 15 miles south-west of Portsmouth
Roads: A3, A3054, M27, M275
Rail: Ryde Esplanade, Ryde St Johns Road
Air: Isle of Wight Airport, Southampton Airport

Situation

Tenure

Freehold.

Description

The property comprises a handsome Grade 2 listed office building that may be suitable for conversion to residential, subject to obtaining the necessary consents. The property benefits from a substantial car park at the rear that is accessed via South Street.

VAT

VAT is applicable to this lot.

EPC

Description

VAT

VAT is applicable to this lot.

EPC

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Possession
Ground First Second	Office Office Ancillary	174.50 135.60 65.50	(1,878) (1,460) (705)	VACANT POSSESSION
Total Approximate Floor Area		375.60(1)	(4,043) (1)

(1) The floor areas stated above are those published by the Valuation Office Agency (https://www.tax.service.gov.uk/business-rates-find/valuations/start/80699178)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.