SHANKLIN CLIFF TOP GUEST HOUSE FOR SALE
Price:
Freehold - £530,000
Seller Ref:
202967Miclaran
Location:
Isle of Wight , Littlestairs Road, Shanklin
DESCRIPTION
The Miclaran offers twelve bedrooms of which there are six double, one twin, three triple and two single rooms, of which ten are currently guest rooms. The rooms are decorated and equipped to a high standard with neutral colour schemes and all ensuite facilities. Furthermore, the majority of guest rooms have panoramic views overlooking the English Channel.
The reception rooms are located on the ground floor and both the guest lounge and adjoining dining room open onto the Miclaran's gardens and offer sea views. The current owners previously obtained Planning Permission to operate garden tea rooms, utilising the dining room area and attractive terrace during the daytime. A comprehensively equipped kitchen with adjoining freezer room and dry goods store complete the accommodation.
AWARDS
The Miclaran has been awarded a 4-Star Guest Accommodation Award by the English Tourism Council and a Five Star Food Hygiene rating, reflecting the quality of the accommodation and level of service provided. Accounts demonstrate healthy profits available to the right operators and will be made available to bona fide applicants upon request after inspection of the business premises.
We are advised that The Miclaran was constructed in the 1930's as purpose built guest accommodation and has subsequently been extended over the years. The current owners operate on a seasonal basis catering to adult only, private guests. The Miclaran charges from between £60 to £75 per room, per night during the high season to include a varied breakfast menu using only quality ingredients. Further opportunity to increase business income by offering evening meals and Tea Gardens.
The well designed and easy to navigate website www.miclaran.co.uk gives potential guests an overview of the accommodation and its facilities.
REFURBISHMENT
The current owners undertook an extensive programme of refurbishment when they first took over The Miclaran and continue to upgrade and improve during the closed season. The level of works undertaken and the high standard reached would leave potential purchasers with little or no essential investment needed. Works undertaken include:- Fire Alarm System upgraded to meet current legislation (type L2), new fire doors/ strips & locks where necessary, fully refurbished kitchen, new central heating boiler, 5yr Electric Periodic Check (Oct 2010), 6x ensuites upgraded, extensive carpet replacement, carpark resurfaced, double glazing replaced (in part & where needed), new front porch & patio doors.
PRICE
Available for sale with offers invited "in the region of" £560,000 for the benefit of the freehold, fixtures, fittings and goodwill of business plus stock at valuation.
Exceptional 'Turn Key' opportunity in an enviable cliff top location with far reaching sea views across the English Channel. ^sThe Miclaran^d opens onto mature gardens which are well stocked and tended and benefit from a wide frontage onto the picturesque cliff path walk from Shanklin to Sandown drawing a good level of passing trade.
Shanklin forms part of the Sandown, Shanklin, Lake conurbation with a resident population of around 19,500, considerably boosted during the summer months by tourists. The town offers a wide variety of attractions including sandy beaches, the picturesque Old Village and Shanklin Chine.
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