Clive Emson · 5 Nov 2026 · in 17 days
Freehold Town Centre Retail Unit For Investment Or Occupation
The Estate Office, Avenue Road, Freshwater, Isle Of Wight, PO40 9UT · South East
LiveRetailFreeholdVacant
- Guide
- £50,000
- Rent a year
- ≈£5,200est.
- Yield on the guide
- ≈10.3%est.
- Payback
- ≈9.7 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- Not published
What it costs to own
The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.
The cost breakdown and net yield: included with access, £49 a month. Start with a free account.
Create an accountWhat it's likely to sell for
From what comparable lots actually sold for against their guide, in Cornerlot's results.
The likely sale range: included with access, £49 a month. Start with a free account.
Create an accountEnergy rating
Clive Emson hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.
How it compares
Market comparisons: included with access, £49 a month. Start with a free account.
Create an accountHistory
- First listed on Cornerlot 15 Oct 2026.
Clive Emson's record
Clive Emson's results: included with access, £49 a month. Start with a free account.
Create an accountAbout the lot
Freehold retail lot in Freshwater. Offered vacant, so there's no income from day one.
Lot 39, Vacant Commercial. Previously used as an estate agency office and more recently as a fruit and vegetable retailer, this ground floor commercial unit offers scope and potential for use, perhaps, by a niche owner occupier retailer or for addition to an income producing commercial portfolio. This freehold property, with the flat above having been sold off on a long lease, occupies a prime location in the centre of Freshwater at the western end of the Isle of Wight. Commercial Retail area, rear kitchen/meeting room and cloakroom with W.C. First Floor Flat: Sold under the terms of a 999-year lease from 8th October 1984 at a current ground rental of £5 per annum.
Figures come from Clive Emson's published lot details and Cornerlot's own record of UK auction results. They're calculations, not advice or a valuation: read the legal pack and take professional advice before you bid.