5-star Guest House in Shanklin Isle of Wight For Sale in Shanklin- Business 4 Sale .co.uk

Business Summary

Preferred Commercial is delighted to offer for sale this thriving 5 star guest house, which was established in 1980 and which has been in our client's careful hand since 2000. The guest house is only now offered to the market due to our client's wish to retire. The business is run at a pace to suit our client and trades 6 months a year, generating a turnover in the region of £60,073 per annum with a gross profit of 60%, derived from 8-letting rooms, conference room, whirlpool spa and a breakfast menu. We feel the turnover could be increased by extending opening hours to all year round. There is also the opportunity to embark on a modest marketing campaign to generate more trade. The business has an enviable reputation and has been awarded the top Guest Accommodation standard of Five Stars Gold by Enjoy England for ten years running. There is a comprehensive website in place advertising the accommodation and services provided, which we feel could benefit from the introduction of online booking facilities. The premises are well-equipped and have been finished to the highest standard throughout. The conference facilities are ideal for board meetings, AGMs and client presentations, with a perfect blend of informality and efficiency. There is also self-contained 4-bedroom owners' accommodation with lounge, kitchen and bathroom to the rear of the premises. This is an ideal opportunity to acquire an already thriving guest house in a walk-in-and-trade condition and huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Property Information

	Property:	Freehold

	Living Accommodation:	Yes

	Details of Accommodation:	Substantial detached 2-storey premises with 8 letting rooms and 4-bedroom owners' accommodation. Briefly comprising: Ground Floor • Entrance hall • Lounge • Gatcombe: double bedroom with en-suite facilities • Spa room with whirpool bath • Conference room with table and chairs for up to 25 • Breakfast room with tables and chairs • Commercial kitchen with 6-burner hob and oven, grill, 5 x refrigerators, sink unit, freezers, dish washers and dry store area • Laundry room • Linen/ironing room First Floor • Osborne: double bedroom with 4 poster bed, large en-suite bathroom and bay window • St Catherines: twin bedroom with en-suite shower • Totland: large double bedroom with en-suite shower • Yaverland: double bedroom with en-suite shower • Bembridge: double or twin bedroom with en-suite shower • Carisbrooke: double bedroom with dressing room and en-suite bathroom • Beauty therapy room • Arreton: double bedroom with large en-suite bathroom • Solarium room with sunbed Owners' Accommodation Ground floor • 3 x double bedrooms • Single bedroom, currently used for storage First Floor • Kitchen • Lounge • Bathroom External • Boiler room • Large private rear garden with mature planting • Parking for up to 12 vehicles

	Location:	Foxhills of Shanklin occupies substantial detached 2-storey premises ideally located on a main road in the town of Shanklin, Isle of Wight. The premises benefit from ample private parking and are close to the town's amenities. There are a number of bus stops and a variety of complementary shops and businesses in the area. The seafront and the railway station are within easy walking distance. Shanklin is a popular seaside resort and boasts many attractions including a sandy beach, the old village and the Shanklin Chine with its dramatic waterfalls and nature trail. Vetnor is approximately 4 miles away, while Newport and Ryde both lie less than 9 miles away.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

Summary of Business Hours

April to September

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