Clive Emson · 5 Nov 2026 · in 17 days
Three Storey Freehold Town Centre Commercial Investment
18 St. Thomas' Square, Newport, Isle Of Wight, PO30 1SG · South East
LiveOfficeFreeholdLet
- Guide
- £85,000
- Rent a year
- £13,000
- Yield on the guide
- 15.3%
- Payback
- 6.5 yrs
- Net yield, after buying costs
- 🔒 With access
- Likely to sell for
- 🔒 With access
- Energy rating
- C
- Size
- 1,098 sq ft£11.84 rent per sq ft
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
- A
- B
- C
- D
- E
- F
- G
C from the government EPC register, lodged 22 Sept 2026 (certificate 6035-0471-9350-3133-5538). Meets today's minimum for letting commercial property in England and Wales (E or better).
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 office lot in Newport. Producing £13,000 a year, a 15.3% gross yield at the guide.
Lot 63, Commercial Investment. This attractive three storey freehold building is situated in an attractive town centre location on St Thomas' Square in the centre of Newport, the Island's county town. Let under the terms of a 125-year commercial lease, the property is considered ideal for addition to an income-producing commercial property portfolio. The accommodation extends to 102 sq.m. (1,098 sq.ft.) and the two floors are at present arranged as offices/store rooms. Ground Floor: Main sales/retail area and ladies and gents cloakrooms with W.Cs. First Floor: A large landing at present in use as a store leading to office/further store room. Second Floor: Office/store room. Tenancy: Let under the terms of a 25-year commercial lease, from 7th April 2006, at a current rental of £13,000 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.