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Thriving Nine Bedroom Guest House With Owners Accommodation For Sale

Isle of Wight, UK
Asking Price:
£650,000
Turnover:
£50K - £100K
Net Profit:
Under £50K

An excellent opportunity to purchase an attractive guest house in the centre of Shanklin Old Village and continue the thriving and very highly thought of licenced bed and breakfast business with its top rating on TripAdvisor. There is also self contained owners accommodation, private rear garden, detached garage and ample driveway parking.

What the business owners says:

"We have been so proud to build up a thriving business since we moved here some seven years ago. However, we feel it is time for us to retire and hope new owners will be interested to carrying on this bed and breakfast business. During the time we have been here we have refurbished the property including new décor, beds and furniture in every room and have just finished redecorating everywhere so it is all fresh for the new season. We love the fact that it is only two minutes’ walk to the best restaurants and teashops in Shanklin and a five-minute walk to Shanklin Chine and the beach.

It is a delightful seaside resort including the impressive beach that was winner of the Beach of the Year Award in the Countryfile Magazine in 2019. The Old Village is charming with its thatched cottages, independent shops, restaurants and pubs, while the Shanklin Theatre provides a variety of professional and amateur shows for evening entertainment. There is a real feeling of community and, if you enjoy the ‘great outdoors’ there is nothing like a bracing walk with the dog or a cycle ride to Culver Down or Ventnor. You will also find suitable infant nurseries in the vicinity as well as two good primary schools."

Property Information

Property:

Freehold

Living Accommodation:

2 bedroom owners accommodation to the rear of the property on the ground floor with private rear garden

Location:

Bustling seaside towm

Size in square feet:
3,504
Energy Performance Rating:
C  View EPC Graph for this property

Business Operation

Expansion Potential:

Lifestyle choice with further income potential.

Other Information

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