Leisure Facility for sale

Esplanade, Sandown

£49,950

Property Description

Full description

Tenure: Leasehold

DESCRIPTION
A fantastic opportunity for a purchaser to acquire a prominent licensed beach concessions on one of the Island´s top beaches in Sandown.

The beach concession on offer is known as Sandown B10 and extends in all to about 150 meters from Sandown Pier and South Westwards. The beach is easily accessed by concrete steps, always has a good covering of level sand and nearby there are cafes and toilet amenities.

On the beach is a timber office/hut which measures approximately 8´ x 10´ which has recently been refurbished.

Equipment included in the sale comprises of approximately: 50 deck chairs, 60 sun loungers, 60 parasols and 30 windbreaks. For water activities there are: 6 paddleboards and 5 kayaks. It is estimated that the value of all this equipment is in the region of £30,000.

The beach is leased from the Isle of Wight Council and has a 10 year license from 1st September 2016 and the annual rent is £746.54. The beach location is well used by local residents and visitors alike as it has a is a good sand covering at both low and high tides. Even at high tide, there is still quite a good area of beach to be used. Currently the Sandown Council pay for the beach to be commercially cleaned twice a week.

A copy of the license is available for inspection at our office and we would advise that there would be a fee payable to the Isle of Wight Council for the legal fees for the transfer of the license to a new owner.

Please enquire at our office if you require any further information.

VIEWING AT ANY REASONABLE TIME ALTHOUGH BY APPOITNMENT TO MEET THE CURRENT LISCENSE HOLDER AND TO VIEW THE EQUIPMENT.


Nearest stations

  • Lake (0.6 mi)
  • Sandown (0.7 mi)
  • Shanklin (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Arthur Wheeler Estate Agents, Shanklin

46 Regent Street, Shanklin, PO37 7AA

01983 646064 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.

Floorplans


To view this property or request more details, contact:

Arthur Wheeler Estate Agents, Shanklin

46 Regent Street, Shanklin, PO37 7AA

01983 646064 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

  • Lake (0.6 mi)
  • Sandown (0.7 mi)
  • Shanklin (1.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Arthur Wheeler Estate Agents, Shanklin

46 Regent Street, Shanklin, PO37 7AA

01983 646064 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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