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Commercial Property for sale

Esplanade, Ventnor

Sold by Us £80,000

Property Description

Full description

Tenure: Freehold

Samphire is ideally situated in the middle of Ventnor sea front within yards of the popular beach. Ventnor sea front is located on the south side of the island and provides a beautifully sheltered spot with its own micro-climate. This part of the Island is a popular destination for locals and tourists alike and has seen a great deal of regeneration recently.

The restaurant is primarily a seafood restaurant although it does also offer a range of other foods. The seafood and shellfish are locally sourced from a fisherman in Bonchurch and all the cakes are homemade to a very high standard.

The restaurant also benefits from being owned and traded by a couple that have an excellent reputation on the Island and have had over 30 years experience in this type of business.

Trading from February to November accommodation provides 35 covers inside and 22 outside.
Accommodation comprises:
Kitchen and Restaurant: 44.6 sq m (481 sq ft)

Offered for sale is the business at £80,000 FFGW + SAV and a new 5 year renewable lease. Current rent payable £5,000 per annum.

Rateable Value: £5,000. Rates Payable approx. £2,490.

Viewings by appointment only. All viewings to be arranged via HRD Commercial. Please contact 01983 527727.

More information from this agent

Energy Performance Certificates (EPCs)


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