£495,000

Hotel for sale

  1.  Front.Jpg
  2.  Hallway.Jpg
  3.  Sitting Room.Jpg
Retirement
Freehold

£495,000

Hotel for sale

Eastmount Road, Shanklin PO37

6 baths
2 receptions

Local area information

Property location

Nearby amenities

  • Shanklin 0.3 miles
  • St Blasius Shanklin CofE Primary Academy 0.4 miles
  • Gatten and Lake Primary School 0.4 miles
  • Lake 1.1 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
  • Super guesthouse residence
  • 5 letting rooms all with en-suite
  • Private accommodation
  • Popular location
  • Multiple parking
  • Enclosed rear gardens
A spacious semi detached residence that is currently trading as a guesthouse and being well located in a popular area and offering convenient access to the Town Centre, Railway Station with its mainland passenger links and the sandy beaches just off Shanklin Esplanade. Also close by is the cliff lift that operates during the summer months giving direct access to the Esplanade. Nearby is the picturesque old village area with its good selection of bars and restaurants.
The property has been in the same ownership for over 25 years and is now being offered for sale due to our client's retirement plans. The well presented accommodation benefits from gas fired central heating and replacement uPVC double glazing, features five guest bedrooms, all with en suite facility and each room has remote control television, tea/coffee making facilities and a hairdryer. The guesthouse currently trades from approximately Easter until the end of September and enjoys much repeat business.
It would seem an ideal opportunity for those seeking a first time B&B guesthouse venture and subject to the necessary consents would also make a spacious private family home.
To the front of the property there is a block paved parking area for multiple cars and to the rear of the property there are pleasant enclosed gardens.
To fully appreciate the property we would recommend an internal inspection. It comprises;

Ground Floor

Entrance Hall

Sitting Room (4.83m into bay x 3.78m max (15'10 into bay x 12'5)

Room 1

Double bedroom with en-suite shower.

Private Bedroom

Double with en-suite WC with basin.

Dining Room (4.09m x 3.66m (13'5 x 12'))

Door to

Kitchen (4.09m x 1.83m extending to 2.44m (13'5 x 6' extend)

Door to

Private Lounge (4.04m x 3.18m max (13'3 x 10'5 max))

Door to

Lobby Area

In turn leading to

Cloakroom And Utility Area (2.74m x 1.75m (9' x 5'9))

Stairs Leading To First Floor And Landing

With store cupboard.

Room 2

Single with en-suite shower.

Room 3

Twin room with en-suite shower.

Room 4

Double room with en-suite shower.

Room 5

Family room comprising double and a single with en-suite shower.

Outside

Block paved car park to the front providing multiple car parking. Attractive veranda to the front of the property. Side access to the enclosed rear garden being mainly laid to lawn. Store area 17'11 x 6'8 with power and light. Two workshop/sheds measuring 7'10 x 9' 8 with power and light and approximately 12' x 8'.

Services

All mains available.

Tenure

Freehold.

Uniform Business Rate

£5,400 as at April 2023. Small business multiplier 49.9 pence in the pound.
Nb: The property is offered for sale as a going concern and all the fixtures and equipment less any personal effects and items will be included and an inventory will be supplied at the point of sale.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Arthur Wheeler Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Arthur Wheeler Estate Agents for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Isle of Wight
  4. Shanklin
  5. Eastmount Road