SCOTCKER

26 The Mall, Road, Newport, PO30 1BW Telephone: (01983) 822288 Fax:(01983)825256 www.scotcherandco.co.uk

"NO FRILLS" ACCOMMODATION OF SOME 5,350 FT2 (497M2) GIA COMPRISING AN OLDER FACTORY/WAREHOUSE BUILDING AVAILABLE ON A NEW LEASE

UNIT 5 GARDEN ESTATE LOWTHERVILLE ISLE OF WIGHT PO381YD

Situated in upper Ventnor and approached via St Margaret's Glade on the southernmost town outskirts this is a building offering basic accommodation that could suit a variety of uses subject to any necessary consents.

Ventnor is a popular resort town towards the southern tip of the Island and enjoys a variety of facilities within its boundaries.

The building is of traditional brick and block construction under a corrugated asbestos mix panelled roof with accommodation and other details as briefly outlined overleaf. RENTAL GUIDE £6,500 P.A.X.

These particulars do not consitute or form part of an offer or contract nor may they be regarded as representations. Ail interested parties must themselves verify their accuracy. All measurements are approximate. Oonf Unless otherwise stated, all prices and rents are quoted exclusive of VAT OUI II.

Scotcher&Co. is a trading name of A.F.S. Properties Ltd. Company Reg. No. 4765406- . Directors: MrA.F. Scotcher, Mrs S.J. Scotcher (Company Secretary) Registered Office: Bright Brown, Exchange House, St Cross Lane, Newport, Isle of Wight, PO30 5BZ THE BUILDING Single storey and measuring overall some 227'0" (69.2m) x 23'4" (7.1m) minimum to provide in total about 5,350 ft2 (497m2).

The accommodation incorporates some original offices, staff facilities and two w.c.s and is partly sub-divided to provide a storeroom at the southernmost end.

Double entry doors to each end of the building.

OUTSIDE We understand that parking may be available by negotiation within the estate.

Attached is a location plan for identification purposes only.

RATEABLE VALUE With effect from April 2010 - £6,200 UBR 2012/2013 @ 45.8p in the £.

Applicants may wish to should verify this information with the Rating Office on 01983 823920.

SERVICES Water, electricity and drainage are all understood to be available however interested parties should check the suitability of main services to their own satisfaction.

TENURE By way of a new commercial lease by negotiation, any lease agreed will be excluded from the security provisions of the Landlord & Tenant Act 1954 Part II and may include a break clause in favour of redevelopment in due course if appropriate. Otherwise 3 yearly upward only rent reviews will apply and the property will be let on the basis that it is returned in no worse condition than at the outset.

RENTAL GUIDE £6,500 p.a.x.

LEGAL COSTS Ingoing tenant to bear all partiers reasonable costs in the matter.

VAT Interested parties should verify VAT status to their own satisfaction however we are not aware of any liability in respect of this property.

VIEWING VERY STRICTLY by appointment and via the agents through whom all discussions and negotiations must be conducted.

REFERENCE DVD1/5GARDENESTATE/18-Jul-12 LOCATION PLAN Not to scale and for identification purposes only