4-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 4 star guest accommodation, which was established in 1960 and which has been in our clients' careful hands since 2006. Victoria Lodge Hotel is only now being offered to the market due to our clients' wish to retire. The business currently only trades for 6 months a year and generates a healthy turnover in the region of £118,000 per annum with a gross profit of 65%. Victoria Lodge Hotel offers 21 en-suite letting rooms on a bed and breakfast and half board basis. We feel the turnover could be further increased by trading all year round and embarking on a modest marketing campaign. There is also scope to allow pets and children under the age of 12 to stay at the hotel. The business has a loyal customer base and has a pre-booked capacity of approximatley 35%. There is a website in place advertising the guest house and services provided with on-line booking facilities. The premises are well-equipped to suit the trade, boasting a spacious lounge, bar area and commercial kitchen. There is also 3-bedroom owners' accommodation to the first floor with lounge and bathroom. We feel this represents an ideal opportunity to acquire busy guest accommodation with 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 2-storey detached Victorian premises with 21-letting rooms and 3-bedroom owners' accommodation. Briefly comprising: Ground Floor • Entrance lobby • Lounge and bar area with feature fireplace, dance floor, wooden bar servery and tables and chairs for up to 40 covers • Commercial kitchen with 6-burner hob and oven, 4-burner hob and oven, 2 x deep fat fryers, microwave oven, 2 x hot cupboards, commercial dishwasher, hot water urn and work surfaces • Pantry with upright refrigerator, fridge-freezer, 2 x chest freezers and upright freezer • Laundry room with dryer and electric press • Ladies and gents WCs with wash hand basins • Room 1: double bedroom with en-suite shower room • Room 2: double bedroom with kingsize bed and en-suite shower room • Room 3: double bedroom with en-suite shower room • Room 5: single bedroom with en-suite shower room • Room 6: twin bedroom with en-suite shower room • Room 7: double bedroom with en-suite bathroom First Floor • Room 8: double bedroom with en-suite shower room • Room 9: double bedroom with en-suite shower room • Room 10: twin bedroom with en-suite shower room • Room 11: double bedroom with en-suite bathroom • Room 12: twin bedroom with en-suite shower room • Room 14: double bedroom with en-suite shower room • Room 15: twin bedroom with en-suite shower room • Room 16: double bedroom with en-suite shower room • Room 17: single bedroom with en-suite shower room • Room 18: triple bedroom with kingsize and single beds and en-suite shower room • Room 19: twin bedroom with en-suite shower room • Room 20: single bedroom with en-suite WC and wash hand basin • Room 21: single bedroom with en-suite WC and wash hand basin • Room 22: double bedroom with en-suite shower room • Room 23: single bedroom with wash hand basin • Bathroom serving rooms 20, 21 and 23 • Owners' apartment with 2 x double bedrooms, 1 x single bedroom, lounge/diner and bathroom External • Front lawned area • Parking for up to 12 vehicles • Driveway

	Location:	Victoria Lodge Hotel occupies 2-storey Victorian premises, ideally located in the seaside town of Shanklin on the Isle of Wight. The premises benefit from ample private parking and are surrounded by a mixture of residential and commercial properties. The business is situated near the town's amenities and attractions, including the sea front, the Old Village and Shanklin Chine. The premises boast easy access to the A3020 and A3055. There are excellent public transport links serving the area with numerous bus stops and a railway station within easy walking distance. Shanklin is an affluent town, which is popular with tourists, cyclists and day trippers alike. Sandown lies approximately 2.5 miles away, while Ventnor lies 4 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

6 months a year, April to October

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