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The Edgecliffe 7 Clarence Gdns 10 Room Bed and Breakfast Shanklin PO37 6HA $666,196 ($66,620/Room)
INVESTMENT HIGHLIGHTS
- Characterful Building
- Sea View
- Traditional Construction
EXECUTIVE SUMMARY
Offered for sale is this well-presented licensed guest house constructed in 1926. The property was originally used as a "Gentleman's Villa" by the British Navy personnel, who came to The Isle of Wight from Portsmouth.
The Edgecliffe is a detached bed and breakfast offering accommodation over 3 floors. There are 10 guest bedrooms over the first and second floors, with 2 separate owners’ bedrooms on the ground floor. The property benefits from a beautiful south facing garden.
Selling due to retirement, the current owners have successfully traded the business for over 20 years. Open all year round, the vendors trade below the VAT threshold and welcome guests as and when is manageable for them.
Our clients are asking guide price £525,000 for this freehold opportunity to include the fixtures, fittings and goodwill.
The Edgecliffe is a detached bed and breakfast offering accommodation over 3 floors. There are 10 guest bedrooms over the first and second floors, with 2 separate owners’ bedrooms on the ground floor. The property benefits from a beautiful south facing garden.
Selling due to retirement, the current owners have successfully traded the business for over 20 years. Open all year round, the vendors trade below the VAT threshold and welcome guests as and when is manageable for them.
Our clients are asking guide price £525,000 for this freehold opportunity to include the fixtures, fittings and goodwill.
PROPERTY FACTS
| Price | $666,196 | Lot Size | 0.98 AC |
| Price Per Room | $66,620 | Building Size | 4,698 SF |
| Sale Type | Investment | No. Rooms | 10 |
| Tenure | Freehold | No. Stories | 3 |
| Property Type | Hospitality | Year Built | 1926 |
| Property Subtype | Bed and Breakfast | Corridor | Interior |
| Building Class | B |
| Price | $666,196 |
| Price Per Room | $66,620 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Bed and Breakfast |
| Building Class | B |
| Lot Size | 0.98 AC |
| Building Size | 4,698 SF |
| No. Rooms | 10 |
| No. Stories | 3 |
| Year Built | 1926 |
| Corridor | Interior |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 10 | $107.92 | - |
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The Edgecliffe | 7 Clarence Gdns
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