£525,000

Property for sale

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Business
Retirement
Freehold

£525,000

Property for sale

Eastcliff Road, Shanklin PO37

Local area information

Property location

Nearby amenities

  • St Blasius Shanklin CofE Primary Academy 0.2 miles
  • Shanklin 0.5 miles
  • Gatten and Lake Primary School 0.8 miles
  • Lake 1.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Old village location
  • Tea rooms/restaurant
  • Private accomodation
  • Three bedrooms
  • Located in the shanklin old village
An opportunity to acquire a lifestyle business with a Home, namely Laburnum Cottage, a well known and established Tea Room that is superbly located in the popular and picturesque Shanklin Old Village which is popular with locals and tourists. Nearby, is the High Street area of the Town, Rylestone Gardens and the Big Mead recreation area. The current owners have owned the property for approximately 22 years and due to their retirement plans have now decided it is time for someone else to take on the next chapter at the property. They currently operate from approximately Easter time until the end of October and we feel there is scope to expand and increase the business if so desired. In total, the business currently caters for approximately 63 covers, approximately half being inside and the other half being in the Garden area. The business will be sold fully equipped and an inventory of the items included will be provided once a sale has been agreed. We understand the picturesque building dates back to the late 1700’s and has stone elevations under a slate roof. Benefits include gas fired central heating and part double glazed windows. It comprises:-

Entrance Hall

Lobby Area

Cloakroom

Tea Room Two (3.86m x 4.01m (exclusive of bay area) (12'8 x 13'2)

Tea Room One (4.01m x 4.04m (exclusive of bay area) (13'2 x 13'3)

Serving/Takeaway Area (3.45m x 3.63m (11'4 x 11'11))

Prep Area (4.32m x 2.26m (14'2 x 7'5))

Kitchen (3.33m x 3.15m (exclusive of recesses) (10'11 x 10')

Utility Area (3.15m x 3.10m (10'4 x 10'2))

Stairs Leading To

Sitting Room (4.04m x 4.04m (13'3 x 13'3))

Bedroom One (4.34m x 4.04m (14'3 x 13'3))

Bedroom Two (3.45m x 3.23m (11'4 x 10'7))

En-Suite Shower Room

Bedroom Three (4.06m x 2.21m (13'4 x 7'3))

Bathroom/Wc

Outside

To the front of the property there are tables and chairs catering for up to 32 covers.

Services

All mains are available.

Tenure

Freehold (To be confirmed)

Council Tax

Council Tax Band C (Can be confirmed on the Government website)

Uniform Business Rate

£3,600. We are advised by the Isle of Wight Council that the payable rate in the pound is 0.499 which equates to £1796.40 for the year 2022/23. We further understand that the business may be available for small business exemption rate relief, please check with the local authority.

There are some planning applications within 0.5 miles of this home

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Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Arthur Wheeler Estate Agents. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Arthur Wheeler Estate Agents for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Isle of Wight
  4. Shanklin
  5. Eastcliff Road

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