Commercial Property for sale

Shanklin

£479,950

Property Description

Full description

Tenure: Freehold

DESCRIPTION
A deceptively spacious and unique B&B with occupying an excellent trading location being well situated between the upper area of the High Street of the Town and the picturesque and popular Old Village area. Also close by is the local theatre, Big Mead recreation area and some delightful coastal walks.

Whilst the owners currently run the business purely as a B&B, they formally ran the dining room as a restaurant for 24 covers and this could easily be re-instated by a new owner. Alternatively, the lower dining room area could be utilised as a coffee shop or tea room or even as a small seasonal shop. Subject to the necessary planning consents, this area could also potentially be another suite. The guest accommodation is arranged over the first and second floors and there are 7 boutique style bed and breakfast rooms. Additionally to the upper ground floor level, there is a snug room designed to have a number of uses including the proprietors accommodation.

The current owners purchased the property in recent years and in that time they have undertaken a refurbishment programme to both the whole of the property. All the letting rooms are themed and offer en-suite facilities and there is also a superb two bedroom family apartment to the rear of the building featuring a high ceiling to one of the bedrooms, a bathroom suite and garden access. Obviously, this suite could be either used as part of the business or as owner´s accommodation.
The property is steeped in history and takes its name from John Keats, the English poet who stayed at the then named Eglatine Cottage in the summer of 1819 and wrote some of his poetry whilst staying within the residence. The vendors inform us that the business has an excellent rating on "Trip Advisor" with an average score of 9.7 on Booking.com. Additionally, the property has been featured on the popular Channel 4 programme, "Four in a Bed".

In our opinion, this sale represents a unique opportunity for somebody looking to trade an established business in an excellent location and to fully appreciate what is offered, we would recommend an internal viewing though please also see the LINKS BELOW for VIDEO ROOM TOURS. It comprises:-

Recess Covered ENTRANCE with glazed panel front door leading to Restaurant Area:

LOWER DINING AREA 12´11 exclusive of bay window x 14´max with laminate flooring. Bar Area. Radiator. Five steps leading to:

UPPER DINING AREA 17´3 x 12´11 max (5.26m x 3.95m) with continuation of laminate flooring. Radiator. Door opening to:

BUSINESS KITCHEN 15´10 x 9´11 (4.82m x 3.02m) with stainless steel equipment comprising single drainer deep stainless sink unit, preparation areas. Additional equipment includes a range style gas cooker with commercial extractor over. Upright refrigerator, larder refrigerator, microwave and fryer. Commercial dishwasher and stainless steel wash hand basin. Skylight. Door to Store Room. Further door to Secondary Store/ Larder Area with shelving.

OWNER´S KITCHEN 13´5 x 12´6 (4.18m 3.83m) with single drainer stainless steel sink unit with wood block effect laminate worktops with range of grey faced wall and base units comprising drawers and cupboards under and wall cabinets over. Recess for gas cooker with extractor cooker over. Tiled splash backs, radiator and wall hung Glow Worm Ultimate gas fired boiler supplying domestic hot water and central heating. Doors to outside and:

OWNER´S SNUG LOUNGE 11´11 exclusive door recess x 10´10 max (3.63m x 3.31m) with radiator, storage cupboards and feature fireplace.

There is a secondary front door that serves the Guest House with INNER FRONT DOOR with steps leading to:

ENTRANCE HALL with radiator.

CLOAKROOM with white suite of pedestal wash basin and low flush WC. Additionally there is a worktop area with plumbing under for washing machine and space for tumble dryer. Radiator.

Stairs leading to:

FIRST FLOOR and LANDING. Door to:

BOILER ROOM with wall hung gas fired boiler supplying hot water and central heating to the majority of the Letting Rooms with Gladhill water cylinder.

BEDROOM 1 (Shelly) 17´1 into bay window x 11´9 max (5.23m x 3.60) a double room. Door to:

EN-SUITE shower room with shower cubicle, pedestal wash basin and WC.

BEDROOM 2 (Byron) 14´1 into bay / exclusive of recess x 13´ exclusive of recess (4.35m x 3.96m) a double room with radiator.

EN-SUITE shower room comprising shower cubicle, pedestal wash basin and WC. Strip light/ shaver point.

BEDROOM 3 (Keats) a double room with radiator and feature fireplace. Door to:

EN-SHOWER ROOM with shower cubicle, vanity wash basin unit, and low level WC. Radiator and strip light /shaver point.

BEDROOM 4 & 5 (Wild Suite) door leading to:

SITTING ROOM AREA 13´7 x 10´11 max (4.15m x 3.34m) with wall mounted TV, feature fireplace, sofa, desk, chair and
cabinet. Door leading to:

BEDROOM 4 16´2 x 13´4 (4.93m x 4.07m) double room with feature high ceiling and radiator with door leading to:

BATHROOM with white suite of corner-bath with mixer tap and shower attachment, pedestal wash basin and low level WC.
Separate shower cubicle, part tiled walls and radiator. Door to:

BEDROOM 5 18´ overall x 9´10 extending to 13´3 (5.49m x 3.404m) a twin room with radiator and door off to Rear Garden.

Stairs to:

SECOND FLOOR and Split-Level LANDING with radiator and walk-in Store Cupboard.

BEDROOM 6 (Tennyson) a double room with radiator and dual aspect windows. Door to:

EN-SUITE SHOWER ROOM with shower cubicle, pedestal wash basin and low level WC. Strip light/shaver point.

BEDROOM 7 (Blake) 11´6 max x 12´3 exclusive of recess (3.52m x 3.73m) a twin room with radiator.

EN-SUITE BATHROOM with white suite of bath with mixer tap and shower attachment over with tiled recess, pedestal wash
basin and low level WC. Radiator and strip/shaver point.

N.B. All the Guest Suites come with tea/coffee making facilities, chairs, coffee tables and wall mounted remote control
televisions.

OUTSIDE

As previously mentioned there is an access door from the Owner´s Kitchen which leads to a Courtyard/Store Area with steps leading to:

ENCLOSED REAR GARDEN with patio area and raised garden area which is mainly laid to grass with a variety of shrubs etc. Outside tap.

TENURE Freehold (to be confirmed).

SERVICES All mains are available.

COUNCIL TAX Band A. Can be confirmed by the Isle of Wight Council ).

UNIFORM BUSINESS RATE £7,500

VIEWING STRICTLY BY APPOINTMENT THROUGH ARTHUR WHEELER ESTATE AGENTS





More information from this agent

Nearest stations

  • Shanklin (0.4 mi)
  • Lake (1.4 mi)
  • Sandown (2.7 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

  • Shanklin (0.4 mi)
  • Lake (1.4 mi)
  • Sandown (2.7 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.

Disclaimer - Property reference 102604001290. 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 Arthur Wheeler Estate Agents, Shanklin. 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.

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