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Hope Road, ShanklinCommercial property for sale

£595,000
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About this property

A substantial versatile property which is located on Hope Road, Shanklin, the only road to Shanklin beach. Refurbished by the current owners, the property comprises a B&B with six double bedrooms/suites, separate access to a three/four bedroom property with kitchen and lounge, a separately accessible self contained two bedroom apartment, which could be used for holiday or longer term rental, and a one bedroom holiday apartment with its own access. This flexible property gives great potential for new owners to tailor the property and business to suit their needs.

LOCATION
A substantial versatile property which is located on Hope Road, Shanklin, the only road to Shanklin beach. The property is within easy reach of the town centre and transport links.Refurbished by the current owners, the property comprises a B&B with six double bedrooms/suites, separate access to a three/four bedroom property with kitchen and lounge, a separately accessible self contained two bedroom apartment, which could be used for holiday or longer term rental, and a one bedroom holiday apartment with its own access. This flexible property gives great potential for new owners to tailor the property and business to suit their needs.

DESCRIPTION
Following the refurbishment, the property now offers new owners the opportunity to build the business to suit their needs in this superbly located property.

Block paved car park to the front of the property, leading to the entrance hall with reception desk.

Door to the portion of the property comprising a four bedroom house:
Ground floor sitting room.
Master bedroom with French doors to patio seating area.
Newly fitted kitchen
Dressing room with en suite shower room. This room could be used as a further bedroom.
Stairs up to first floor:
Two en suite double bedrooms.
This could be used for holiday letting or as owner’s accommodation.

The reception area leads to the 6 bedroom Bed and Breakfast:
Dining room with tables and seating area.

Stairs up to the first floor letting rooms:

Room 1 Suite with double bedroom, with balcony, lounge and en suite shower room
Room 2 Suite with double bedroom, lounge and en suite shower room
Room 3 Double with en suite shower room
Room 4 Double with en suite shower room
Room 5 Double with en suite shower room
Room 6 Double with en suite shower room

A floor plan and room dimensions are available if required.

Newly fitted kitchen to service the letting rooms.

The letting rooms could be reconfigured to provide further self contained units.

Boiler/store room with two newly fitted Vaillent boilers serving the whole property.

Holiday let or owners accommodation with:
Sitting room.
Newly fitted kitchen.
Bathroom with shower, WC and wash hand basin.
Two first floor double bedrooms.
This accommodation has its own private entrance leading from the front of the property and a private courtyard garden.

One bedroom holiday let with separate entrance from the car park comprising lounge, kitchenette, en suite shower room and double bedroom.

To the rear of the property is a terraced garden.

TERMS
Our client is asking for offers in the region of £595,000 for this freehold property.

OUTGOINGS
The VOA shows a rateable value of £8,300. The rates payable would be circa £4,200 per annum, not including any applicable small business rates relief.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727 or email commercial@hrdiw.co.uk.

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Brochure

Property Brochure

Hope Road, Shanklin

£595,000

Full PDF brochure containing all the details of the property in Hope Road, Shanklin - £595,000

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EPC

Branch

Commerical

The Estate Office, 138 High Street, Newport, Isle of Wight, PO30 1TY

01983 527727

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Opening hours

  • Monday07:30 - 17:30
  • Tuesday07:30 - 17:30
  • Wednesday07:30 - 17:30
  • Thursday07:30 - 17:30
  • Friday07:30 - 17:30

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