High-performing eight-bedroom B&B with owners flat near beach and town centre.
Eight guest bedrooms, all with en suite facilities
Two-bedroom owners’ accommodation attached for on-site management
Large restaurant/dining area serving guests
Freehold sale; immediate trading opportunity
Recently upgraded: new boiler, loft insulation, exterior repointing
Walking distance to beach, town centre and Old Village
Local area has above-average crime and relative deprivation
Large Victorian building — ongoing maintenance expected
Built as a gentleman’s residence in the late 1890s, this freehold property operates as a successful eight-bedroom, all en-suite guesthouse with an attached two-bedroom owners’ flat. Recent upgrades include refurbished bedrooms, dining room, guest lounge, exterior repointing, loft insulation and a new boiler, keeping the building practical for immediate trade. The large restaurant area and off-street parking for several vehicles support high guest turnover and good operational flow.
Located within easy walking distance of the town centre, beach and Shanklin Old Village, the property benefits from strong tourist demand and excellent online review scores and repeat custom. The substantial internal floor area (around 4,210 sq ft) and period features give scope to maintain a premium offering or reposition the business for higher yields. Freehold tenure and an established trading history make this a straightforward entry into the hotel and leisure sector.
Buyers should note local challenges: the wider area records above-average crime and is flagged as relatively deprived, which can affect staffing and some guest perceptions. Ongoing maintenance of a large Victorian building should be budgeted for despite recent works. The property is being offered at £575,000 and suits an investor or operator seeking an income-producing coastal accommodation business with immediate turnover potential.
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