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Commercial property for sale
High Street, Shanklin Old Village
Currently trading only during the evening and below the VAT threshold ‘Legends’ offers great potential to prospective purchasers.
The premises would be ideal to offer teas and light lunches from as well as trading as a restaurant in the evenings, or it could be solely run as a tea room during the day.
The owner’s accommodation is flexible and bed and breakfast could be offered, or there is the potential for conversion to holiday accommodation subject to the relevant consents.
Dating back to the mid 18th century ‘Legends’ was formerly known as Providence Cottage and is set in the heart of the Old Village in an excellent position for both the tourist and local trade.
Shanklin Old Village is very popular with tourists of which there is a huge influx during the summer months and is within easy access of the town centre and the seafront.
The premises have been refurbished to a high standard incorporating the original features into a modern vibrant interior.
‘Legends’ caters for 40 covers internally with a further 50 on the outside terrace.
Entrance from the High Street with steps up to the terrace. Door to conservatory in which there is seating for twelve. Entrance hallway leading to two dining areas, one of which houses the bar. Marble fronted bar with range of optics and beer pumps.
The themed memorabilia within the premises are not included in the sale.
Door to the rear of the bar. Under stairs cupboard. Kitchen divided into preparation and cooking area and washing up and preparation area. Range of commercial catering equipment (a full inventory will be provided to prospective purchasers). Door to rear courtyard.
Rear courtyard with door to side passage. Stairs up to owner’s accommodation.
Stairs up from the hallway to the owner’s accommodation. Three bedrooms, two double and one single, lounge with patio doors to sun deck, family bathroom and separate WC. We understand that there is planning permission to extend the WC in order to provide a new family bathroom allowing the current bathroom to be converted to a kitchen.