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Clive Emson · 5 Nov 2026 · in 17 days

Town Centre Office Building With Parking

42 Quay Street, Newport, Isle Of Wight, PO30 5BA · South East

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Town Centre Office Building With Parking
Guide
£170,000
Rent a year
≈£17,600est.
Yield on the guide
≈10.4%est.
Payback
≈9.6 yrs
Net yield, after buying costs
🔒 With access
Likely to sell for
🔒 With access
Energy rating
B
Size
3,500 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.

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What 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.

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Energy rating

  1. A
  2. B
  3. C
  4. D
  5. E
  6. F
  7. G

B from the government EPC register, lodged 16 Feb 2022 (certificate 6591-6772-3467-7793-1792). Meets today's minimum for letting commercial property in England and Wales (E or better).

How it compares

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History

  • 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.

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About the lot

Freehold office lot in Newport.

Lot 69, Commercial Investment. Located in the heart of the centre of the County town of Newport, with the very rare benefit of off-road parking for several cars, this two storey building was originally constructed as a chapel but has more recently been used as offices. The property, which extends to over 3,500 sq.ft. (325 sq.m), is offered for sale with vacant possession having previously been in use as offices. It is considered that the property may suit continued use as offices, perhaps as a multi let business centre. Alternatively there is the option to explore the option to convert to provide residential accommodation, subject to all necessary consents being obtainable. Accommodation: Open plan office accommodation across both floors, with partitioning providing a variety of different size rooms, W.Cs on both floors. The current tenant has access to their portion of the building via a separate rear access. Freehold with Vacant Possession

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.