Restaurants for sale in Shanklin

View the "Prominent restaurant premises within this popular resort town - available for sale" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

 Daltons offered a simple, low-cost and effective way to advertise our business for sale to a wide audience.  

David Binder (Nov 2017)
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Leasehold Price: £157500 + SAV
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Business Description
Offered for sale due to a change in our client's family commitments, this well-appointed property currently caters as a Grill House and Brasserie but could suit alternative catering styles if required.

The premises offers an unusual opportunity within the popular resort town of Shanklin to purchase a restaurant facility. Shanklin enjoys a year-round trade, whilst also benefitting from a considerable seasonal boost.

The town features a number of facilities within its boundaries, including the popular Esplanade and beach, The Old Village, and a varied retail offering in Regent Street.

The restaurant offers some 850ft² (78.86m²) and is currently equipped for some 40 covers with fitted bar facility and servery/pass leading to the well-equipped kitchen of about 290ft² (26.94m²) with a further storage facility incorporating a cold room adjacent.

The property is to be offered for sale with the existing inventory of fixtures, fittings and equipment. Turnover and accounts can be discussed, but only with bona fide applicants and their professional advisors.
Tenure: Leasehold

Location Details: Popular resort town centre.

Leasehold Term:
Balance of a 999-year ground lease at a peppercorn ground rent.

Listed by: Scotcher & Co
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