Property description
The Avenue, in the popular resort of Shanklin, is conveniently situated within easy reach of the town centre and the resorts sandy beaches and is close to transport links.
Currently trading on a bed and breakfast basis out of eight rooms, over a short season, there is the potential to expand the business by using all 10 letting rooms and extending the length of the season.
The property is presented to a high standard and offers flexible owners accommodation.
PREMISES
Entrance to The Avenue is from the car park to the front. Entrance hall with two doors to the private accommodation. Double doorway to the public rooms. Stairs to the upper floors.
Dining Room with range of tables providing seating for 20. Lounge area with soft seating and feature fireplace leading to the bar with further seating. Doors to:
Kitchen with range of commercial catering equipment, two stainless steel sinks and wash hand basin (a full inventory will be available). Door to side passage leading to the front of the property and the rear garden.
Conservatory with tiled floor, range of seating and double door to the garden.
Door from the dining area to:
Rooms 10 & 11 which have been refurbished to provide two further double en suite letting rooms but are not currently used.
Stairs up to first floor:
Room 2 double en suite with corner bath with shower over.
Room 3 double en suite with shower. French doors to roof terrace.
Room 4 double en suite with shower
Room 5 double en suite with shower
Room 6 double en suite with bath with shower over. Four poster bed, seating area, double aspect.
Full sized store room which could be used as a further letting room if required.
Stairs up to second floor:
Room 7 twin en suite with shower. Seating area.
Room 8 double en suite with shower.
Room 9 double en suite with large shower. Seating area. Double aspect
Owners Accommodation
Accessed via two doors from the hallway. Door to lounge/ diner with windows to the front of the property. Door to office via reduced height passage. Door to hall (also accessed from main hallway) with doors to double and single bedroom and bathroom. Bathroom with storage cupboards, bath with shower over, WC and wash hand basin. The double bedroom has doors leading into the conservatory.
Outside
Car parking to the front. To the rear is a good sized garden accessed via the conservatory or the side passage. Patio and paved seating areas at various levels.
THE BUSINESS
The Avenue trades out of eight rooms on a bed and breakfast basis, with a maximum occupancy of 14. Two further rooms are being refurbished ready for trading during the coming season.
The business trades just below the VAT threshold.
The business makes good use of internet booking agencies resulting in an excellent level of occupancy. There is a good level of repeat bookings.
The business could be expanded be extending the length of the trading season. The layout of the public rooms allows for the possibility of catering for small functions.
The current owner has successfully traded The Avenue for the past twelve seasons with the assistance of two part time staff but the business could be easily run by a couple.
The Avenue is graded AA 4 Star for Guest Accommodation and has a 5 Star Hygiene certificate.
Property Features :
- 10 Bedroom Guest House
- Owners Accommodation
- Conservatory and Gardens