£72,000

Leisure/hospitality for sale

  1.  1.Jpg
  2.  Img_4881.Jpg
  3.  Hut Deck.Png
Leasehold

£72,000

Leisure/hospitality for sale

Esplanade, Shanklin PO37

Local area information

Property location

Nearby amenities

  • St Blasius Shanklin CofE Primary Academy 0.4 miles
  • Shanklin 0.5 miles
  • Gatten and Lake Primary School 0.7 miles
  • Lake 1.3 miles

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

Features and description

  • Leasehold
We are pleased to offer this superb opportunity to acquire 3 beach concessions measuring we understand approx. 93 metres, one with water rights and the other two with beach concessions. They are well situated towards the far end of Shanklin sea front and this area is well used by both local residence and holiday visitors.
The present licencee has run the concession for approx. 20 years and has now decided the time is right for another party to take on this lifestyle business and it should be noted we feel there is much scope to extend the current trading time from April until September, as our client has run it on a more limited capacity to suit their family life.
Included within the sale will be a good shed/hut that was constructed circa. 2020 and three sets of wooden steps proving access from the esplanade to the beach. Further equipment will include:
Sun beds x 50, Single Kayaks X12, Double Kayaks X3 (all paddles with these), Parasols x25. Tables x40, Paddle Boards x4 (all paddles), Inflatables - Sumbrero, Banana and 2 x Lunas, Helmets for inflatable rides x29, Deckchairs x50, Windbreaks x20, Umbrellas x20, Body boards x10, Life jackets all sizes approx 40.
Various other items including; Sandwich advertising boards, Ropes, Storage bars for kayaks.
The concession is being offered for sale on a new 10 year lease at a rent/licence fee of £803.91 per annum for B27 & B27a and £659.86 for B27B.
The current annual public liability insurance premium is approx. £2,000-£2,500 per annum.
The site is available to view at anytime but if you require further information please contact our office.
Nb: Rents and licence fees quoted relate to 2023/24

More information

Report this listing

Listed by

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. Esplanade

Sold house prices provided by Land Registry/Registers of Scotland. © Crown copyright 2024. Our website is completely free for you to use but we may receive a commission from some of the companies we link to on the site.

Zoopla Limited is an appointed representative of Uswitch Limited which is authorised and regulated by the Financial Conduct Authority (FRN 312850) to provide the mortgage calculator tool and incorporated with company registration number 06074771 and registered office at The Cooperage, 5 Copper Row, London SE1 2LH. Uswitch Limited is authorised and regulated by the Financial Conduct Authority (FCA) under firm reference number 312850.

Zoopla.co.uk is not a mortgage intermediary and makes introductions to Mojo Mortgages to provide mortgage solutions. Zoopla.co.uk and Mojo Mortgages are part of the same group of companies. Zoopla may receive an introduction fee from Mojo Mortgages on completion of successful mortgage applications. This fee is based on a percentage of your loan amount. Mojo is a trading style of Life's Great Limited which is registered in England and Wales (06246376) and is authorised and regulated by the Financial Conduct Authority and is on the Financial Services Register (478215). Mojo's registered office is The Cooperage, 5 Copper Row, London, SE1 2LH. To contact Mojo by phone, please call 0333 123 0012.