Waterfront Inn, Esplanade, Shanklin... 1 bed property for sale

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Waterfront Inn, Esplanade, Shanklin... 1 bed property for sale

Waterfront Inn, Esplanade, Shanklin, Isle of Wight, PO37 6BN
£795,000

Our Summary

  • Online Auction on Thursday, 22 May 2025

Description

This substantial building on Shanklin's award-winning seafront offers a unique opportunity to own a thriving bar, restaurant, and hotel with panoramic views of the beaches and Whitecliff Bay. The property features a bar and dining room with 190 covers, eight guest rooms with en-suite facilities, and owners' accommodation. The top terrace can be enclosed and heated for year-round use, and the property also includes staff facilities, storage, and utility areas. The property is situated on Shanklin's bustling esplanade, with easy links to other island hotspots and a main bus route. The current passing rent is £82,250 per annum, and the property is available on a 15-year lease with a 6-month rent deposit and two separate rent guarantors. The property will be sold through an online auction on May 22, 2025.