- Advert ID: 661996
- (Seller ref: 4015)
Freehold Commercial Investment On The Isle Of Wight For Sale
- Location:
-
- United Kingdom
- > England
- > South East
- > Isle of Wight
- > Shanklin
- > Shanklin
- Category:
Listed by:
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Summary
- Asking price:
- £1,495,000
- Sales revenue:
- Available on request
- Net profit:
- Available on request
Business description
89 en suite bedroom hotel occupying a commanding 2 acres of site in the Shanklin Clifftop with panoramic Sea view. The Hotel can accommodate over 120 guests in the fully functional Dining room and in the Bar. A fully equipped commercial kitchen. Car parking facility for over 50 vehicles, and a large front garden is unique to this property. The hotel has been tenanted on a 7 Years FRI Lease from 16.06.08, at a rental of £100,000 pa, payable quarterly in advance, rent review every 3.5 years. Offers are invited in the region £1,495,000
Property information
- Property:
- Freehold
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- United Kingdom
- > England
- > South East
- > Isle of Wight
- > Shanklin
- > Shanklin
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