House For Sale £450,000
Yarborough Arcade, High Street, Shanklin PO37

• Seaside location
• Large sunny back garden
• Established business (6 bed B&B, 24 cover restaurant & potential to expand/change the current use etc)
• Highly rated on Tripadvisor, booking. Com & Expedia
• Established clientele & bookings going forward
• Near to the theatre, local amenities, transport - great location
• Good partnership with Golfing Breaks & Visit iow
• Being on '4 in a bed' which is constantly repeated & brings extra business
• Historical connection with John Keats who stayed here & rooms named after poets
• Charming rooms, some dating to 17th century but lovingly refurbished with all the modern features
• Fully refurbished & ready to move in/trade from day 1
• Full accounts provided
• Full handover provided if needed
• In terms of Covid - the last few months were busier than ever and there is actually a room to put prices up as the demand is huge for staycation/seaside holidays. Large rooms, large breakfast room

Property Information

The business has been totally renovated by the current owners and has already established itself with a repeat and loyal clientele of theatre goers, locals, B&B residents and tourists. The ground floor has a cosy versatile snug room, a large family kitchen, a large fully equipped commercial kitchen with two still rooms. The B&B accommodation is accessed from a separate entrance with themed luxury bedrooms full of character with smart en-suite facilities. There is a beautiful 2 bedroom family apartment to the rear featuring a vaulted ceiling, a beautiful bathroom suite and benefiting from a garden access. This suite could be used as part of the business or as owners’ accommodation. This is an opportunity for you to walk into an already successful business which is ready to trade, or the restaurant could also have other commercial uses. Accounts are available to see after viewing.

Commercial Kitchen (16' 2'' x 9' 11'' (4.93m x 3.02m))

With two stills off and access to the family kitchen & Restaurant.

Family Kitchen (12' 6'' x 13' 5'' (3.8m x 4.09m))

Access to the snug or owners lounge.

Snug Or Owners Lounge (13' 8'' x 10' 10'' (4.16m x 3.3m))

Window to side and fireplace Access to main hall.

Restaurant

Set over two levels with 24 Covers in total. Access via the main hall to a WC.

Bedroom 1 With En-Suite Shower Room (16' 8'' x 11' 7'' (5.08m x 3.53m))

Shelley Suite facing the front.

Bedroom 2 With En-Suite Shower Room (16' 0'' x 13' 0'' (4.88m x 3.96m))

Byron Suite facing the front.

Bedroom 3 With En-Suite Shower Room (13' 2'' x 13' 7'' (4.01m x 4.14m))

Keats Suite Centrally situated

Bedroom 4 With Jack N Jill En-Suite Bathroom (16' 3'' x 13' 3'' (4.95m x 4.04m))

Part of the Wilde 3 room suite at the rear. Access to Bedroom 5

Bedroom 5 With Jack N Jill En-Suite Bathroom (9' 9'' x 11' 10'' (2.97m x 3.6m))

Part of the 3 room suite at the rear.

Suite Sitting Room (13' 8'' x 11' 0'' (4.16m x 3.35m))

Part of the Wilde 3 room suite at the rear. Access to Bedroom 4

Bedroom 6 With En-Suite Shower Room (12' 9'' x 14' 7'' (3.88m x 4.44m))

Tenyson Suite on the top Floor facing the front

Bedroom 7 With En-Suite Bathroom (12' 3'' x 11' 5'' (3.73m x 3.48m))

Blake Suite, top floor facing the front.

Commercial Rates

Uniform business rate
Interested parties should make their own enquiries of the Isle of Wight Council Business Rates to confirm any rate liability or rate concession that may be applicable by telephoning .