Spacious coastal property with strong tourist potential and sizable garden.
Freehold Victorian guest house with extensive accommodation
A rare freehold Victorian guest house in Shanklin, The Edgecliffe offers extensive accommodation across three floors and a large south-facing garden. Built in 1926, the detached property retains period character, large windows and high ceilings, and is currently configured as a licensed bed and breakfast with ten guest bedrooms plus two owners' bedrooms on the ground floor. The business has traded for over 20 years and has been operated below the VAT threshold.
This is well-suited to a retiring operator looking for a turnkey hospitality purchase or an investor seeking a seaside guest house with scope to increase turnover. The location close to the cliff walk and sandy beaches provides strong tourist appeal and excellent transport links via local buses and the Island Line train service.
Buyers should note clear material points: the property is in an area classified as deprived, so demand can be seasonal and locally variable. As a 1926 building, it will likely need ongoing maintenance and some modernisation to maximise room rates. The VOA rateable value is £4,700 with estimated rates around £2,400 per year.
This freehold sale includes fixtures, fittings and goodwill with offers invited in excess of £500,000. It presents substantial room for income growth for an active owner or operator prepared to invest in upgrading facilities and marketing to year-round visitors.
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