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Commercial Property for sale

The Batswing

£499,950

Property Description

Full description

Tenure: Freehold

LOCATION
Godshill is located to the centre of the Island and offers a lovely quaint way of village life. The village is extremely popular with tourists and locals alike and boasts some of the best eateries on the Island and is amongst the highest photographed villages on the Island with some of the most picturesque thatched cottages in this area. The large free coach and car park to the village also helps attract many visitors each year.
The Islands County Town of Newport is within a 15 minute drive as are the towns of Ventnor and Shanklin.

DESCRIPTION
A beautiful Grade II Listed property offering a gift shop and restaurant/tea room and tea gardens set in the heart of Godshill just below the popular All Saints' Church, a well known attraction. The property is believed to be one of the original buildings in Godshill and dates back to the 16th Century and boasts a wealth of historic features.

Entrance to the gift shop is from Church Hollow and there is internal access from the shop directly into the tea room. The gift shop currently offers a range of tourist related products including lace items and tea towels.
The tea room also has a separate entrance to the side from Church Hollow and caters for up to 45 covers throughout the two seating areas. Both areas have original beams, fireplaces and various feature alcoves. Customer WC. Stairs to first floor owners accommodation.

The kitchen is of a good size, situated to the rear of the property and offers a wide range of commercial catering
equipment (a full inventory will be provided). The tearooms offers sandwiches, baguettes, cream
teas and light meals along with hot and cold drinks, and opening times being between mid morning and late afternoon.

There is the potential to expand the business by extending the daily opening hours and opening all
year, currently the Bats Wing is closed over some of the winter months.

Outside
To the very rear of the property is the elevated Tea Gardens bordered by a range of shrubs, foliage and floral arrangements. This external seating offers 28 covers, there are a further 4 seats just outside the entrance to the tea room.

The owner´s accommodation to the first floor comprises:
Lounge 13'10 (max) x 14'7 (max) with window overlooking Church Hollow, beams and sloping ceiling.
Dining Room 15'3 x 10' (max) with window overlooking Church Hollow and door into kitchen
Kitchen 8'7 x 8'2 with range of built in kitchen units and private door to Church Path.
Bedroom 1 9'4 x 13'9 with window to front, fitted wardrobe and drawer units
Bedroom 2 10' x 9'7 with window overlooking Church Hollow, fitted wardrobe and drawer units
Bathroom with white suite, airing cupboard and gas boiler.

The separate access from Church Path shows that this residential accommodation could be split from the commercial element with the potential to gain an income.

The whole premises are grade two listed and the owners inform us that the thatch was replaced approximately ten years ago.

The Bats Wing offers a fantastic opportunity to own flexible business premises in the heart of this popular village, with its many tourists, located in an ideal situation besides the foot path up to the famous church.

The current owners are looking to retire having run the business for the past 16 years.

TERMS
Our client is asking for offers in the region of £499,950.

OUTGOINGS
Business Rates show a rateable value of approx. £7,100. Using the current UBR of 0.497 the rates payable would be approx. £3529 per annum, not including any applicable rates relief.

PARKING NOTES
Garage to the rear of the property.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.


More information from this agent

Nearest stations

  • Shanklin (3.3 mi)
  • Lake (4.0 mi)
  • Sandown (4.9 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 (3.3 mi)
  • Lake (4.0 mi)
  • Sandown (4.9 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.

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