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Property for sale
Waterfront Inn, Esplanade, Shanklin, Isle of Wight, PO37 6BN
£795,000
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 combination of bar, restaurant, and hotel facilities, with panoramic views of the beaches and Whitecliff Bay. The property features extensive terraces, a bar, dining room, and 8 guest rooms, including 3 with sea views, all with en-suite facilities and flat-screen TVs. The owners' accommodation includes a bedroom, sitting room, office, and conservatory, as well as staff facilities, storage, and utility areas. The property is situated on the main bus route, with easy links to other island hotspots, and is close to Shanklin town center, which offers great retail shopping, cafes, and churches. The property is available on a 15-year lease, with a current passing rent of £82,250 per annum, and is being sold through an online auction on May 22, 2025.