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Unit 20, Barry Way, Newport - Isle of Wight, Isle of Wight, PO30 5GY
Guide Price* : £425,000
Upon Instructions of
The Joint Administrators
- Industrial/Warehouse Unit
- Vacant Possession
- 6,880 sq ft (639.19 sq m)
- Established Industrial Location
- Guide price of £425,000 reflects low capital value of £61.77 per sq ft
Description
The property comprises an industrial/warehouse unit with ancillary office accommodation totalling 6,880 sq ft (639.19 sq m)
The building is of steel frame construction with brick elevations beneath a sloping roof. The property provides a production/warehouse area with some additional workshop and office accommodation at ground floor level. The building has a loading door and separate access from the front providing access to ground floor office/reception, with a staircase access to the offices on the first floor. For a full breakdown of the floor areas please see the table below.
To the front of the property is an area of hardstanding with parking for approximately 10 vehicles.
The property has a 3-phase electrical supply and is fitted with combined air conditioning and heating units.
Location
The property is located in Newport, the County town of the Isle of Wight, an island off the south coast of England.
The property is situated on the outskirts of Newport on an established industrial park.
The property is located to the centre of the Island with good transport links to all areas of the Island. Journey time to the ferry ports is approximately 20 minutes with connections to Southampton and Portsmouth.
Tenure
Freehold
VAT
Refer to the legal documentation
Accommodation
| Address | Floor | Use | SqM | SqFt |
|---|---|---|---|---|
| 20 Barry Way | GF | Warehouse/Production Facility | 385.11 | 4,145 |
| GF | Office | 19.09 | 205 | |
| GF | Workshop 1 | 26.32 | 283 | |
| GF | Workshop 2 | 25.83 | 278 | |
| GF | Server Room | 3.77 | 40 | |
| GF | Ancillary | 19.52 | 210 | |
| 1F | Open Plan Office | 96.95 | 1,044 | |
| 1F | Boardroom/Office | 30.79 | 331 | |
| 1F | Ancillary | 31.81 | 34 | |
| Total | 639.19 | 6,880 |
Contact
* Generally speaking Guide Prices are provided as an indication of each seller's minimum expectation, i.e. 'The Reserve'. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Virtually every property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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The successful purchaser will be required to pay the auctioneers administration fee of £1,800 inclusive of VAT on purchases of £20,000 and above and £600 inclusive of VAT for purchases below £20,000. Other additional costs/fees may apply - Click here.
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Vendor
Agreement Documents
Additional Documents
Subject to Contract and Exclusive of VAT © Lambert Smith Hampton March 2025
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