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Award-Winning Guest House In Shanklin Old Village For Sale

Shanklin, Isle of Wight, UK
Asking Price:
£525,000 Furniture / Fixtures included
Turnover:
On request
Net Profit:
On request

Award-winning, detached guest house with nine en suite letting rooms and upgraded owner’s accommodation, set in the heart of the popular and picturesque Shanklin Old Village.

Grange Bank House offers a rare opportunity to acquire a highly regarded and well-maintained guest house in one of the Isle of Wight’s most sought-after tourist locations. Positioned within easy reach of the Esplanade, beaches, Rylstone Gardens, and Big Mead recreation area, the business benefits from consistent footfall and access to nearby restaurants, inns, and shops.

Under the current ownership for nearly nine years, the property has undergone significant refurbishment, with all guest rooms, en suites and communal areas enhanced to a high standard. The business currently operates with nine letting rooms, accommodating up to 17 guests. Room types include singles, twins, doubles and superior doubles, all with en suite facilities, Freeview TV and tea and coffee making facilities.

The guest house benefits from gas-fired central heating, uPVC double-glazed windows, multiple off-road parking spaces, a garage, and attractive private gardens to the rear. The owner’s accommodation has also been upgraded to offer a comfortable private living space.

Grange Bank House was awarded the 2022 Red Funnel Gold Award for Best B&B/Guest House and is offered for sale fully equipped as a going concern.

Early viewing is strongly recommended to appreciate the quality and location of this established business.

Property Information

Property:

Freehold

Living Accommodation:

Upgraded owner’s accommodation included within the property.

Location:

Within the heart of a popular tourist location

Premises Details:

Detached guest house with nine guest bedrooms, upgraded communal areas, private gardens, multiple off-road parking spaces, and a garage. Fully refurbished by current owners. Gas-fired central heating and replacement uPVC double glazing throughout.

Size in square feet:
Nine guest rooms accommodating up to 17 guests. Mixture of singles, twins, doubles and superior doubles

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

Semi-retirement

Years established:
9