A PROMINENT Grade II-listed Isle of Wight retail building — Laura Ashley in Newport — is on the market.

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The High Street premises, in the heart of the town centre next to H.Samuel jewellers on the corner of pedestrianised St Thomas's Square, within feet of Newport Minster, has a rental guide of £45,000, plus VAT.

Isle of Wight County Press:

The ground floor offers 2,030 square feet of space (188.50 square metres), with the first floor offering 1,943 square feet (180.55 square metres), making a total overall floor area of 3,973 square feet.

Island estate agents, Scotcher and Co, said of the property: "A very prominent and attractive commercial unit over two floors — available on a new lease and suitable for a variety of occupiers, subject to any necessary consents."

Isle of Wight County Press:

Previously, Tesco had obtained permission to move into the historic premises, opposite Central Stores to open an 'Express' outlet.

But Tesco could now open its sixth store on the Island, in Newport — moving into the former BrightHouse building on the corner of High Street and St James's Street.