Profitable 20 Bedroom Guest House In Shanklin For Sale

Business description

Detached, three storey, 20 bedroom, 4 Star (ETC) rated Guest House with high turnover

Sought after trading location close to Shanklin cliff path and the Old Village

3 bedroom owner's suite, various guest lounges, extensive parking and gardens

For sale with offers invited 'in the region of' £599,950 for business premises, fixtures, fittings and goodwill

Property information

Property:

Freehold

Living accommodation:

The separately accessed owner's suite comprises a lounge/dining room, 3 bedrooms, of which 2 are en-suite, computer room and kitchenette. It should be noted that the accommodation offers the potential to be extended to 5 rooms by incorporating guest rooms 1 and 2 which are situated to the front of the building.

Location:

The Roseberry Hotel occupies an elevated position set back from the road overlooking its own mature and well tended gardens. Situated along the popular Alexandra Road area, close to Chine Avenue, allowing guests easy access to the famous Old Village, picturesque Cliff Walk, Shanklin Chine and the ever popular sandy beaches.

Shanklin itself forms part of the Sandown-Shanklin-Lake conurbation which wraps around Sandown Bay with its extensive holiday facilities and tourist attractions, with a resident populaton of 19,500, considerably boosted during the now extending season by visitors to the area. The town benefits from a rail link connecting with Ryde Pierhead in the north of the Island, encouraging further short stay visitors in addition to those travelling by car.

Premises details:

The attractive, double bay fronted Victorian building is approached via a long driveway which provides access to extensive guest parking. The Roseberry Hotel offers 20 guest bedrooms comprising 4 single, 3 double, 4 king/twin and 9 double/family rooms, of which 2 are at garden level, 5 at ground floor and 13 at first floor level. All rooms are en-suite and presented to a good standard, reflecting in the recent award of a 4 Star English Tourism Council Guest Accommodation rating.

Guests are served breakfast and evening meals in the separate dining room, currently laid to cater for 47 guests supported by a guest lounge, bar area and separate sun lounge. A comprehensively equipped kitchen, office, laundry and utility room and linen store complete the commercial accommodation.

Business Operation

Reasons for selling:

retirement

Trading hours:

All Year. Closed December

Years established:

11

Other information

Support & training:

The vendors are prepared to offer any assistance and training during a handover period.

Related documents:

• 
• Photo Appendix

• 
• Photo Appendix 2

• 
• Floor Plan Appendix