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Park Road, ShanklinCommercial property for sale

£975,000
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About this property

An 11 bedroom hotel in a beautiful seaside location offering bed and breakfast from March through to October, along with the Award Winning ‘The Deck’ Tea Gardens.

LOCATION
Situated in Shanklin, a popular tourist location on the island, the hotel sits on the cliff top overlooking the magnificent sweep of Sandown Bay. The Carlton enjoys an ideal location for exploring Shanklin’s sandy beaches, the famous esplanade, and the charming Shanklin Old Village.

The main town, which is just a short 5-minute walk away, boasts all sorts of amenities ranging from boutique stores, big brand shops, restaurants, cafes, salons and much more.

DESCRIPTION
The Carlton Hotel has all the character & heritage you would expect from a fine Victorian establishment, whilst also benefiting from tasteful upgrading and modern facilities. The property was built in 1863 over two floors and has been family-owned for over 10 years. Whilst being awarded Trip Advisors ‘Certificate of Excellence’ 4 years running, the hotel has also been voted on Trip Advisors ‘Travellers Choice‘ as one of the top 25 bargain hotels in the UK.

The Carlton is open for business from March through to October, offering bed & breakfast accommodation, as well as the much loved Tea Gardens ‘The Deck’.

ACCOMMODATION
The property comprises of 11 en-suite letting rooms, the Deck Tea Gardens and a separate owners accommodation.

Ground Floor:
Room 1 – Office
Room 2 – Double
Room 3 – Twin
Lounge Bar
TV Lounge
Kitchen
Dining Room
Conservatory

First Floor:
Room 4 – Family
Room 5 – Twin with balcony & sea views
Room 6 – Double with balcony & sea views
Room 7 – Single
Room 8 – Double
Room 9 – Family
Room 10 – Family
Room 11 – Double
Room 12 – Single
Bath

Owners accommodation is accessed from a separate outside door which comprises:

Ground Floor:
Kitchen
Living Room

First Floor:
Bedroom 1
Bedroom 2
Bath
WC

Outside
Award-Winning ‘The Deck’ Tea Gardens can be found at the rear of the hotel, accessed from the Cliff Path or the hotels indoor Lounge Bar. It boasts a large outdoor seating area and extensive sea views across the bay. The Gardens have won ‘Best Gardens in Shanklin’ two years running.

Please visit The Carlton Hotel website for more details. https://www.carltonhoteliw.co.uk/

TERMS
Our client is asking Guide Price £975,000 FFGW + SAV for this freehold property.

OUTGOINGS
The VOA shows a rateable value of £7,800. Using the current multiplier of 0.54p means current vendors are eligible for small business rates relief.

VIEWING
For all viewings please contact HRD Commercial on 01983 527727.

Map

Brochure

Property Brochure

Park Road, Shanklin

£975,000

Full PDF brochure containing all the details of the property in Park Road, Shanklin - £975,000

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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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