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Charming Guest House In Shanklin For Sale

Shanklin, Isle of Wight, UK
Asking Price:
£550,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Established and award-winning guest house with eight letting rooms, located in a peaceful and convenient part of Shanklin just a short walk from the beach, cliff path and town centre. Includes private owner’s accommodation, off-road parking and potential to add more guest rooms.

The Swiss Cottage is a well-presented, long-established guest house set in an attractive Victorian property dating from 1866. The building features painted elevations under a slate roof, with tasteful interiors throughout. Currently operating on a seasonal bed and breakfast basis, the business is popular with both returning and new guests.

Situated in a quiet road just 300 yards from both the town centre and cliff path, the guest house is ideally positioned for visitors arriving with or without a vehicle. Shanklin’s Old Village, sandy beaches and tourist attractions are also within walking distance. The property offers off-road parking for six vehicles, a decked seating area for guests and a small rear garden.

There are eight letting rooms, most with en-suite facilities, along with a guest bar lounge, dining room, and a guest dry lounge. The current owner’s accommodation is located on the ground floor and includes private living areas, a bedroom, bathroom, kitchen and additional storage. Part of this accommodation could be converted to create up to two additional letting rooms if desired.

The business currently trades from April to October and benefits from strong online reviews and awards. It holds a Visit England 4-star rating for guest accommodation, a Silver Breakfast Award, and was named in TripAdvisor’s 2018 Traveller’s Choice Awards, ranking 21st in the UK.

This guest house offers an excellent opportunity for a new owner to continue and potentially expand a respected and profitable hospitality business in one of the Isle of Wight’s most visited coastal towns.

Enquire today to receive further information and arrange a viewing.

Property Information

Property:

Freehold

Living Accommodation:

Spacious ground-floor private owner's quarters, including lounge, dining room, bedroom, WC, kitchen, private access, and storage areas. Opportunity to adjust layout to suit new owner preferences.

Premises Details:

Detached Victorian property with eight guest bedrooms, a guest bar lounge, dining room, dry lounge, decked outdoor seating area and enclosed rear garden. Includes a ground-floor owner’s flat with private living space, kitchen, bedroom, bathroom and storage. Off-road parking for six vehicles.

Planning Consent:

Established use as guest accommodation. Any alterations subject to the necessary consents.

Energy Performance Rating:
B  View EPC Graph for this property

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Opportunity to convert part of the owner’s accommodation to create two additional letting rooms. Boarded and insulated loft area may offer further scope for development, subject to the necessary consents. The current trading pattern keeps the business below the VAT threshold. Extending the operating season could increase revenue.

Competition / Market:

Well-positioned in the local market with strong online presence and guest ratings. Ranked 4th of 52 hotels in Shanklin on TripAdvisor.

Trading hours:

Operates seasonally from April to October.

Other Information

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