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12 bedroom character property20 Esplanade, Shanklin, PO37 6BN

£595,000

Listing Description


12 bedroom Guesthouse Beach front location Huge potential Full liquor and entertainment license Freehold Occupying and enviable location on Shanklin Esplanade amongst food, drink and entertainment venues and boasting stunning views of the beach and sea this 12 bedroom guesthouse offers great versatility and potential. On the ground floor the property you find the owners large lounge / diner, a double bedroom with en-suite, large kitchen with a four oven AGA, a separate W.C, a large dining area for guests, store rooms, a laundry room, a generous workshop, an office plus a further shower room/toilet. On the first floor there are EIGHT BEDROOMS, all with en-suite facilities, then a hallway which leads to further accommodation at the rear of the building. This area consists of a further three bedrooms, living area, kitchen, bathroom, en-suite and patio. This section of the property could easily be converted to a self contained property with its own entrance, and has planning consent to be a holiday apartment. The current owners have made vast improvements to the property since taking ownership, including refurbishment of all letting rooms, new double glazing, extensive painting, two new boilers, new consumer units, all flat roof's replaced as well as new carpets. Previously run as a restaurant and bar open to the public but currently run as a lifestyle business. It is a profitable B&B during the summer months, using 6-7 bedrooms and closed for the rest of the year to allow the owners to travel or just enjoy the location. Pink Beach also receives excellent reviews! It also benefits from low running costs. You can book your viewing 24 hours a day, 7 days a week - either online or by phone, through Purple Bricks IOW. www.pinkbeachguesthouse.com


Address
20 Esplanade, Shanklin, PO37 6BN
Price
£595,000
Property Type
House
Bedrooms
12
Bathrooms
12
  • 12 Bedrooms
  • House
  • Beach Front B&B
  • Excellent Business
  • Enviable Location
  • Recent Upgrades

Purplebricks vs high street agents

How much could you save?

Your property price

£200,000

High street agent (1.3%)
£3,120

Purplebricks fixed fee (0.5%)

Nothing to pay upfront

£999
You could save
£2,121

Purplebricks’ fixed fee service is a great way to get excellent exposure for your home and can save you a lot of money when comparing us to the service you receive from high street agents. Get SOLD with Purplebricks.

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Equivalent to an average of 1.3% plus VAT charged by high street agents. Purplebricks service is a fixed fee including VAT.

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