Property photos
Business
Retirement
Freehold
£495,000
Property for sale
Eastcliff Road, Shanklin PO37Local area information
Property location
Nearby amenities
- St Blasius Shanklin CofE Primary Academy 0.2 miles
- Shanklin 0.5 miles
- Gatten and Lake Primary School 0.8 miles
- Lake 1.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Shanklin to find out more about the local area.
Features and description
- Freehold
- Old village location
- Tea rooms/restaurant
- Private accomodation
- Three bedrooms
- Located in the shanklin old village
An opportunity to acquire a lifestyle business with a Home, namely Laburnum Cottage, a well known and established Tea Room that is superbly located in the popular and picturesque Shanklin Old Village which is popular with locals and tourists. Nearby, is the High Street area of the Town, Rylestone Gardens and the Big Mead recreation area. The current owners have owned the property for approximately 22 years and due to their retirement plans have now decided it is time for someone else to take on the next chapter at the property. They currently operate from approximately Easter time until the end of October and we feel there is scope to expand and increase the business if so desired. In total, the business currently caters for approximately 63 covers, approximately half being inside and the other half being in the Garden area. The business will be sold fully equipped and an inventory of the items included will be provided once a sale has been agreed. We understand the picturesque building dates back to the late 1700’s and has stone elevations under a slate roof. Benefits include gas fired central heating and part double glazed windows. It comprises:-
Entrance Hall
Lobby Area
Cloakroom
Tea Room Two (3.86m x 4.01m (exclusive of bay area) (12'8 x 13'2)
Tea Room One (4.01m x 4.04m (exclusive of bay area) (13'2 x 13'3)
Serving/Takeaway Area (3.45m x 3.63m (11'4 x 11'11))
Prep Area (4.32m x 2.26m (14'2 x 7'5))
Kitchen (3.33m x 3.15m (exclusive of recesses) (10'11 x 10')
Utility Area (3.15m x 3.10m (10'4 x 10'2))
Stairs Leading To
Sitting Room (4.04m x 4.04m (13'3 x 13'3))
Bedroom One (4.34m x 4.04m (14'3 x 13'3))
Bedroom Two (3.45m x 3.23m (11'4 x 10'7))
En-Suite Shower Room
Bedroom Three (4.06m x 2.21m (13'4 x 7'3))
Bathroom/Wc
Outside
To the front of the property there are tables and chairs catering for up to 32 covers.
Services
All mains are available.
Tenure
Freehold (To be confirmed)
Council Tax
Council Tax Band C (Can be confirmed on the Government website)
Uniform Business Rate
£3,600. We are advised by the Isle of Wight Council that the payable rate in the pound is 0.499 which equates to £1796.40 for the year 2022/23. We further understand that the business may be available for small business exemption rate relief, please check with the local authority.
Entrance Hall
Lobby Area
Cloakroom
Tea Room Two (3.86m x 4.01m (exclusive of bay area) (12'8 x 13'2)
Tea Room One (4.01m x 4.04m (exclusive of bay area) (13'2 x 13'3)
Serving/Takeaway Area (3.45m x 3.63m (11'4 x 11'11))
Prep Area (4.32m x 2.26m (14'2 x 7'5))
Kitchen (3.33m x 3.15m (exclusive of recesses) (10'11 x 10')
Utility Area (3.15m x 3.10m (10'4 x 10'2))
Stairs Leading To
Sitting Room (4.04m x 4.04m (13'3 x 13'3))
Bedroom One (4.34m x 4.04m (14'3 x 13'3))
Bedroom Two (3.45m x 3.23m (11'4 x 10'7))
En-Suite Shower Room
Bedroom Three (4.06m x 2.21m (13'4 x 7'3))
Bathroom/Wc
Outside
To the front of the property there are tables and chairs catering for up to 32 covers.
Services
All mains are available.
Tenure
Freehold (To be confirmed)
Council Tax
Council Tax Band C (Can be confirmed on the Government website)
Uniform Business Rate
£3,600. We are advised by the Isle of Wight Council that the payable rate in the pound is 0.499 which equates to £1796.40 for the year 2022/23. We further understand that the business may be available for small business exemption rate relief, please check with the local authority.
Floor plans and tours
Floor plans (1)
More information
Listed by
Arthur Wheeler Estate Agents
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