Turnkey 11-bedroom property close to beach with clear trading upside.
Freehold sale includes fixtures, fittings and goodwill
A substantial Victorian former gentleman’s residence converted into an 11-bedroom guest house with separate two-bedroom owners’ accommodation. Arranged over multiple floors, the property sits on a large roadside plot in Shanklin Old Village, a five-minute walk from the beach and close to shops, theatre and gardens.
The business currently trades seasonally from April to October on a bed-and-breakfast basis, presenting immediate income plus clear upside: extend trading into winter months, host private functions, or reposition marketing to increase occupancy. The sale is freehold and includes fixtures, fittings and goodwill, offering a turnkey hospitality purchase.
Practical considerations: the area shows higher-than-average crime and is classed as deprived locally, which may influence insurance and staffing. The building is well proportioned but will benefit from targeted modernisation in places to maximise rates and guest appeal. Annual rates are estimated at circa £6,000.
This opportunity suits an investor or operator seeking a ready-made coastal guest house with expansion potential, or a buyer wanting conversion into a large family home. Fast broadband, excellent mobile signal and off-street parking for 8–10 vehicles add practical value for either use.
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