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Freehold

£550,000

Hotel for sale

Grange Road, Shanklin PO37
9 baths
2 receptions

£550,000

Hotel for sale
Grange Road, Shanklin PO37

    • 9 baths

    • 2 receptions

Freehold
Added on 01/08/2025

About this property

    A truly superb private Detached guesthouse occupying a sought after tourist location that is in the hub of the popular and picturesque Shanklin Old Village. Nearby, there is a good selections of inns and restaurants and the big mead recreation area. Also within Shanklin is a good selection of shops, Rylestone gardens and the Esplanade and beaches.
    The current owners have been in residence for nearly nine years and have now decided to semi retire. During their tenure, they have enhanced the accommodation to a high standard and have refurbished all of the guest rooms, En Suites and communal areas. Additional benefits include: Multiple parking, a Garage, lovely private Gardens to the rear and comfortable upgraded owners accommodation. Grange Bank House has nine letting rooms catering for a total of 17 guests and there is a mixture of single, twins, doubles and superior doubles. All the guest Bedrooms have En Suite facilities, freeview TV, tea and coffee making facilities etc. The Business received a 2022 Gold Award from Red Funnel for Best B&B/Guest House.
    The accommodation benefits from gas fired central heating and replacement uPVC double glazed windows and comes fully equipped as a going concern.
    To fully appreciate this current business, we would recommend an early viewing. It comprises:-

    Ground Floor

    Spacious Entrance Hall

    Staircase to first floor

    Dining Room

    With seating for 17 guests. Fitted cupboard concealing the gas fired boiler which supplies all the central heating.

    Guest Lounge

    Sunroom

    French doors to the front garden.

    Bedroom 2

    Bedroom 1

    First Floor

    Bedroom 7

    A superior double having en-suite shower WC.

    Bedroom 8

    A suite comprising of a double bedroom and a single bedroom.

    Bedroom 6

    A good sized single with en-suite shower WC.

    Bedroom 9

    A twin with en-suite shower WC.

    Bedroom 5

    A double with en-suite shower WC

    Bedroom 3

    A single with en-suite shower WC

    Bedroom 4

    A superior double with en-suite shower WC

    Private Accommodation

    Lobby

    Store Room

    Loung/Diner

    Shower Room

    Bedroom 1

    A double room

    Bedroom 2

    A double Room

    Kitchen

    Having fully tiled walls and well fitted in oak faced units comprising base cupboards and drawers with matching high level cupboards. Laminate worktops, integrated large four burner gas hob, high level electric grill, electric range master induction hob with two ovens. Stainless steel hot cupboard, dishwasher and ancillary equipment. Double glazed door to rear garden.

    Outside

    At the front is a resurfaced driveway and parking area with space for 9 cars leading to detached Garage/Workshop. Mature garden area to front.

    Garage/Workshop (4.57m x 3.78m (15 x 12'5))

    With electric up and over door, power, light and mezzanine storage area

    Laundry Room

    Rear Garden

    At the rear of the property is a private garden which is very well stocked with shrubs and young trees and laid to a sunken patio, with two raised circular patio areas. From the garden there is access to a roof storage area over the Garage

    Service - All Mains Available

    Uniform Business Rate

    £5,600. We understand the current amount payable in the pound is 49.9 pence in the pound which equates to £2,794.40 pa. We further understand the guest house would qualify for small business exemption relief.

    Tenure - Freehold

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    Arthur Wheeler Estate Agents

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