Restaurants in Sandown available for sale
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Restaurant for Sale near Sandown, UK

Explore the Latest Sandown, UK Restaurants for Sale

Restaurants for Sale Within 5 miles of the Sandown, UK

More details for 34 High St, Shanklin - Retail for Sale

34 High St

Shanklin, PO37 6JY

  • Retail for Sale
  • £80,000
  • 554 sq ft

Shanklin Retail for Sale

<p><strong>LOCATION</strong><br/>The premises are well located in Shanklin High Street with free on-street parking opposite and supported by other restaurants and eateries. <br/><br/>Shanklin is the Island's major town on the south coast and serves as a day-to-day needs centre, particularly for the Sandown, Shanklin, and Lake conurbation. The sandy beaches and leisure offer of the area ensure high numbers of visitors and tourists, boosting the local population of around 19,500.</p><p><strong>DESCRIPTION</strong><br/>Bar & Grill running to approximately 51.5m² (554 ft²) in total with the main area running to approximately 27 m² (290 ft²) and currently laid to cater for 28 covers. This area is supported by a small counter/servery/bar area with customer toilets, wash-up and preparation area leading through to the commercial kitchen and a further wash and preparation area to the rear of that. <br/><br/>There is also a yard off to the side of the unit for bin storage etcetera. Please see floor plan for further details. We are informed that the tenants have now gained an alcohol licence.<br/><br/>THE LEASE<br/>The Café is held on the residue of a of a 10 year FR&I lease from 2020, at a current passing rent of £7,200 per annum. The Flat over has been sold off on a long leasehold. The long leasehold dates from 06 April 1848 on the remainder of a 999 year lease term Ground Rent is £10 per annum.<br/></p><p><strong>TERMS</strong><br/>For Sale with offers invited "in the region of" £80,000 for the Freehold interest of the building. Copies of the long leasehold for the flat and the lease for the shop are available to bona fide applicants upon request from the agents.</p><p><strong>OUTGOINGS</strong><br/>Rateable Value: £4,350<br/><br/>2024/2025: £0.546p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on[use Contact Agent Button].</p><p><strong>VIEWING</strong><br/>Strictly by appointment with the agents. Call Lisa Mercer or Charlie Dickson on[use Contact Agent Button] or [use Contact Agent Button]</p>

Contact:

Hose Rhodes Dickson

Property Subtype:

Restaurant

Date on Market:

26/11/2025

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FAQs about Restaurants For Sale in Sandown

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How many Restaurant listings are available for sale in Sandown?
There are currently 1 Restaurants available for sale near Sandown. These Sandown Restaurant listings have an average size of 1,369 sq ft. The largest available listing in Sandown is 1,369 sq ft. The thriving commercial centre and excellent transport links in Sandown make it an ideal location for businesses to find suitable Restaurant for sale.
How much does it cost to buy a Restaurant in Sandown?
The average price/SF for Restaurant for sale in Sandown is about £212. The cost per sq ft for Restaurant in Sandown ranges from £212 to £212, depending on the location and the size of the property.
What factors could affect the prices of Restaurants in Sandown?
Several factors can impact the price of Restaurants, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from £212 to £212 per square foot.
What is the largest Restaurant available for sale in Sandown?
Currently, the largest Restaurant available to buy is 1,369 sq ft and the smallest is 1,369 sq ft. The average size of Restaurant available for sale in Sandown is approximately 1,369 sq ft.

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