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Successful Bed And Breakfast In Shanklin For Sale

Shanklin, Isle of Wight, UK
Asking Price:
£425,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
Available on request
Net Profit:
Available on request

Successful B&B located in Hope Road which leads directly down to Shanklin Esplanade
Currently trading as Bed and Breakfast premises
Laid out currently as 9 x Guest Rooms plus a Dining Room and a Guest Lounge
For Sale with offers invited "in the region of" £425,000 for the Freehold, goodwill, fixtures & fittings plus stock at valuation

Property Information

Property:

Freehold

Living Accommodation:

See above

Location:

Located in Hope Road, the main access road leading to Shanklin Esplanade and its long stretches of sandy beaches and associated beach cafes, shops and amusements. Shanklin is the Island's major town on the south coast and serves as a day-to-day needs centre, particularly for the Sandown, Shanklin and Lake conurbation, which wrap around Sandown Bay. The sandy beaches and leisure offer of the area ensures high numbers of visitors and tourists, boosting the local population of around 19,500.

Premises Details:

Bed and Breakfast accommodation arranged over 3 floors. The ground floor comprises entrance lobby, guest lounge, dining room and kitchen plus ground floor sitting room currently used by the owner. The upper floors are laid out to various bed and breakfast rooms comprising 1 small double, 1 superior twin, 2 standard doubles, 3 superior doubles and a superior triple room with kitchenette currently being used by the owners as owner's accommodation. This could be included as guest accommodation or let as a separate entity if required depending upon how new owners may wish to operate. The front of the building benefits from its own off-street parking and has achieved a 5 star rating on Trip Advisor and 9.4 on Booking.com. It is worth pointing out that the building presents well throughout

Energy Performance Rating:
C

Business Operation

Reasons for selling:

Retirement sale

Years established:
7 years

Contact Gully Howard

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