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Established Tourist Hotel In Shanklin For Sale

Shanklin, Isle of Wight
Asking Price:
£775,000
Sales Revenue:
Available on request
Cash Flow:
Available on request

This well establish tourist hotel is very well situated in a quiet, yet convenient location enjoying some superb sea views from the garden and pool area and from some of the guest accommodation. The property comprises a detached Victorian property having mainly stone and brick elevations with later additions and alterations. It is currently arranged as 23 en-suite guest rooms, catering for up to 56 guests in a mix of double, twin and family rooms.

Property information

Property:

Freehold

Living Accommodation:

Please see main description.

Premises Details:

This well establish tourist hotel is very well situated in a quiet, yet convenient location enjoying some superb sea views from the garden and pool area and from some of the guest accommodation. The property comprises a detached Victorian property having mainly stone and brick elevations with later additions and alterations. It is currently arranged as 23 en-suite guest rooms, catering for up to 56 guests in a mix of double, twin and family rooms.

The accommodation is fully warmed by gas fired central heating and has some uPVC replacement double glazed windows and features a large dining room, an excellent bar/lounge with dance floor facilities, a games room, well appointed kitchens and ancillary rooms and on site car parking for a maximum of 19 vehicles. There is also unrestricted car parking directly outside the hotel.

The present owners have run the business for the past 12 years and are now selling owing to their desire to retire and they currently run the business on a B&B and half board basis with the split 50/50 between both types of boarding.

The hotel is currently open from April through to October but we feel there is scope to extend the season if required and we also believe that there is scope to open the hotel for private functions, be it celebration parties, small weddings, small conferences etc.

The hotel stands at the junction of Eastmount Road and Crescent Road and is only about a 500 yard walk to the beach, the Cliff Path being slightly closer and the attractive Old Village area of the Town being approximately ½ a mile walk. The Town Centre with its good selection of shops and amenities is nearby as is the Railway Station with good connections through to the passenger ferry service at Ryde and onward to the Mainland.

A lovely feature of the hotel is its heated swimming pool and surrounding terrace and there are some super views over Sandown Bay from this area.

We would thoroughly recommend an internal viewing of this hotel if you are a seeking a good sized business that currently enjoys a healthy turnover and has scope for increasing the business. It comprises:

Ground floor

long entrance hall with original victorian features. Gentleman’s wc with two urinals and one cubicle. Ladies wc with one cubicle.

Reception counter with office off at the rear and access to the private
living/bedroom and also to the rear of the bar area.

Beauty room with massage table and equipment which is owned by the beautician who rents the room and offers a range of treatments for guests including sports massage.

Dining room with seating for a maximum of 56 guests at 27 tables with matching furniture and having in-out serving doors to the kitchen.

Bar/lounge with good range of matching comfortable seating with a door off to a games room with a pool table and doors to the garden.

Food preparation room with tables, fridge freezers and a cupboard housing a gas fired boiler.

Wash-up room with commercial dishwasher and domestic dishwasher and a room off housing a further gas fired boiler.

Kitchen/serving area with good range of equipment including commercial oven, large electric grill, warming cupboards, two deep freezers, deep stainless steel sink, meat slicer and other ancillary equipment.

Laundry room with two tumble dryers and two washing machines and a deep stainless steel sink.
Guest bedrooms

bedroom 14 - family of 4 with en-suite bath wc.

Bedroom 14a - twin with en-suite shower wc.

Bedroom 15 - treble with en-suite shower wc.

Bedroom 15a - double with en-suite shower wc.

Bedroom 16 - double with en-suite wc.

Bedroom 17 - treble with en-suite wc. Sea view and doors opening to pool patio.

Upper ground floor

bedroom 18 - double with en-suite shower wc.

Bedroom 19 - double with en-suite shower wc.

Bedroom 20 - treble with en-suite shower wc. Sea views.

First floor

spacious landing with built-in store cupboards.

Bedroom 1 - family of 4 with en-suite bath wc. Sea view.

Bedroom 2 (the honeymoon suite) - large room with a four poster bed and shower wc and also
a large bath in the corner of the room. Sea view.

Bedroom 4 - double with en-suite shower wc.

Bedroom 5 - double with en-suite shower wc.

Bedroom 6 - double with en-suite shower wc.

Bedroom 7 - double with en-suite shower wc.

Bedroom 8 - double with en-suite shower wc.

Bedroom 9 - double with en-suite bath wc (this room is often used by the vendors for their own
sleeping accommodation).

Lower ground floor

bedroom 10 - treble with en-suite bath wc.

Bedroom 11 - twin with en-suite bath wc.

Bedroom 12 - family of 5 with en-suite wc.

Second floor

bedroom 21 - double with en-suite shower wc. Sea view.

Bedroom 22 - twin with en-suite shower wc.

Bedroom 23 - treble with en-suite shower wc. Sea view.

Outside

two timber staff chalets with one single and one double bed and en-suite shower wc’s.

Owner’s timber chalet with double bedroom, single bedroom and a shower wc and a private
garden area outside.

The hotel occupies an elevated corner plot with gravel car park area at the front and gardens on two
sides which are laid to grass with mature trees and shrub borders with an outside table tennis

table and a heated swimming pool which is enclosed by wrought iron style fencing with a patio
surrounding with sunbeds, tables and chairs for guests.

Ratings - the hotel currently has a rating on trip advisor of 4.5 and a rating of 9/10 on

Tenure freehold (unconfirmed).

Services all mains are connected.

Uniform business rate at £12,500

the current owners run the hotel business as a limited company and would either be prepared to sell the limited company with its assets including hotel fixtures, fittings and furniture or would just the hotel and fixtures and fittings without limited company aspect.

Viewing strictly by appointment through arthur wheeler estate agents

Other Information

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