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

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Explore the Latest Shanklin, UK Restaurants for Sale

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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Restaurants for Sale Within 5 miles of the Shanklin, UK

More details for 45 Sandown Road Rd, Sandown - Retail for Sale

The Stag (former) - 45 Sandown Road Rd

Sandown, PO36 9JL

  • Retail for Sale
  • £395,000
  • 1,369 sq ft
  • Security System
  • 24 Hour Access

Sandown Retail for Sale

Freehold interest of the whole building for sale, with offers invited "in the region of" £395,000. The ground floor benefits from planning permission for conversion to 3 separate flats under planning reference 21/01784/FUL. The upper floors are currently let out and are generating an income of circa £21k per annum. The Stag is a substantial and highly visible detached property on the corner of the junction of Sandown and Newport Road and around the corner from the new Merrie Gardens Retail Park. These two major arterial roads link the Sandown-Shanklin-Lake conurbation with the major towns of Newport, Ryde and Cowes. Ground floor former pub/restaurant area runs to circa 88m² (947 ft²) including the bar which is mainly open plan. There is a children's room/function room to the rear of the premises with a small kitchen and ancillary storage area. The public areas are supported by ladies and gents toilet facilities.

Contact:

Hose Rhodes Dickson

Property Subtype:

Bar

Date on Market:

20/06/2022
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FAQs about Restaurants For Sale in Shanklin

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How many Restaurant listings are available for sale in Shanklin?
There are currently 1 Restaurants available for sale near Shanklin. These Shanklin Restaurant listings have an average size of 554 sq ft. The largest available listing in Shanklin is 554 sq ft. The thriving commercial centre and excellent transport links in Shanklin make it an ideal location for businesses to find suitable Restaurant for sale.
How much does it cost to buy a Restaurant in Shanklin?
The average price/SF for Restaurant for sale in Shanklin is about £107. The cost per sq ft for Restaurant in Shanklin ranges from £107 to £107, depending on the location and the size of the property.
What factors could affect the prices of Restaurants in Shanklin?
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 £107 to £107 per square foot.
What is the largest Restaurant available for sale in Shanklin?
Currently, the largest Restaurant available to buy is 554 sq ft and the smallest is 554 sq ft. The average size of Restaurant available for sale in Shanklin is approximately 554 sq ft.

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