Get brand editions for Hose Rhodes Dickson, Newport

Leisure Facility for sale

Chine Avenue, Shanklin

£1,250,000

Property Description

Full description

Tenure: Freehold

LOCATION
Situated in the sought after location of Shanklin Old Village this lovely property is in an elevated position with superb sea views over the Channel.
Located within a couple of minutes´ walk to the Old Village in Shanklin, the town offers many amenities including restaurants, public houses and tea rooms. The beautiful Shanklin Chine, a popular destination is also within walking distance as are the Tower Cottage Gardens and Rylstone Gardens with its bandstand and tea rooms.
Further amenities are provided at Regent Street and the High Street, a little further away, including doctors, pharmacy and banking facilities.
The property is ideally positioned giving easy access to Shanklin Esplanade with its sandy beaches stretching the coastline towards Lake, Sandown and Yaverland beyond.

DESCRIPTION
This former Victorian gentleman´s residence has been recently refurbished to a very high standard throughout and now provides immaculate holiday letting accommodation.
There are 8 apartments in total, the majority of which offer sea views with balcony, patio or terraced area. Each unit is fully equipped to the same high standard and provides everything required for self-catering holiday letting.
The communal grounds are lawned and easily maintained, south facing and offer outdoor seating areas and children´s play area.
The property also offers the benefit of 8 car parking spaces, each allocated to its own unit.

Business
The business has been trading for some while now and shows good profit margins. The apartments are let either weekly or weekends and occupation levels are steady throughout the year. An inventory can be provided upon request. Accounts will be shown once a viewing has been undertaken and a non-disclosure agreement has been signed.

ACCOMMODATION
Accommodation comprises:
Mountbatten Garden Apartment: A garden apartment with sea views offering 4 en suite bedrooms, open plan lounge kitchen diner, patio, courtyard, 6 person hot tub and direct access to the communal lawned gardens.
Eversley Apartment: A split level apartment offering accommodation over the first and second floors. 4 bedrooms; 3 with en suite, kitchen diner, lounge and south facing decked roof terrace with hot tub.
Cromwell Apartment: A 3 bedroom apartment, with en suite to the master bed, situated on the first floor with lounge diner, kitchen and shower room. This apartment benefits from a large private decked roof terrace with hot tub and sea views.
Montagu Apartment: An upper ground floor 3 bedroom apartment, with en suite to the master bed, lounge, kitchen diner and shower room. Private courtyard with hot tub.
Cadogan Apartment: An upper ground floor apartment offering 1 bedroom with en suite, kitchen and lounge diner. Use of the communal lawned garden with 6 person hot tub and outdoor seating.
Worsley Apartment: A ground floor 1 bedroom split level apartment with lounge diner, kitchen and access to communal gardens with 6 person hot tub. Direct access to car park.
Beatrice Apartment: A first floor studio apartment with kitchenette, shower room and use of communal gardens with hot tub and outdoor seating.
Battenburg Apartment: A ground floor studio apartment with open plan lounge kitchen and bedroom. Wet Room. Access to communal gardens with hot tub and outdoor seating.

TERMS
Our client is asking £1,250,000 for this freehold site.

VIEWING
All viewings to be arranged via our Commercial Department, please contact either 01983 527727 or commercial@hrdiw.co.uk.


More information from this agent

Nearest stations

  • Shanklin (0.5 mi)
  • Lake (1.3 mi)
  • Sandown (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

01983 646067 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Shanklin (0.5 mi)
  • Lake (1.3 mi)
  • Sandown (2.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

01983 646067 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 101276028885. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hose Rhodes Dickson, Newport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data OpenStreetMap contributors.