For Sale2 Bedroom Commercial Property in Shanklin, Isle of Wight, PO37£300,000

Shanklin, Isle of Wight, PO37

2 Bedroom Commercial Property for sale
£300,000
Property Type
Commercial Property
Bedrooms
× 2
Bathrooms
× 1
Receptions
× 2
Tenure
Freehold
Price
£300,000

Key Features

  • Established restaurant offering 40 covers
  • Prime position in Shanklin Old Village
  • Two storey 2 bedroom apartment
  • Potential to extend dining room to first floor
  • Close to public car park and Shanklin Chine

Description

Located in the heart of the picturesque Old Village of Shanklin, a fabulous opportunity is on offer here to take over the ownership and running of a 44-cover restaurant. Shanklin Old Village is a tourist attraction in its own right with a wealth of thatched properties, a range of individual retail outlets and the historic Chine which leads down to the beach. The restaurant has been trading for many years, the last 7 being under the same ownership and the attractive frontage of the restaurant is distinctive, due to the large stained-glass window based on arguably the most famous Italian opera singer, Pavarotti himself! In previous years the restaurant was laid out over two floors with an additional 30 covers created on the first floor, however now the owners use the first and second floor as their own accommodation, with a large, spacious sitting room, private kitchen, two double bedrooms and a bathroom. The restaurant has a large bar area to one side and has a partially open kitchen space, visible from the restaurant, with an additional still and storage room beyond. Public cloakrooms are located on the first floor, separated from the apartment. Adjacent to this three storey freehold property, is a large public car park, popular with customers and easy access to both the main town of Shanklin, the beach and the Big Mead is within walking distance, ensuring your passing trade is immense.

Shanklin, Isle of Wight, PO37 on Map