Available  

3 Bedroom Commercial Property for sale

Godshill, PO38 3HZ

PO38 3HZ, High Street, Godshill, Ventnor, PO38, Ventnor

Sale Price: £900,000

 

Listed 15 days ago and may not be available Listed on 10/20/2015

 138 High Street
*When you call don't forget to mention Houser.co.uk

Godshill, PO38 3HZ

Property Summary:

Commercial Property
3 Bed(s)
-- Bath(s)
interested in this property.
 

Property description

A fantastic opportunity to purchase a well known tea rooms in Godshill High Street.

Established in 1928 this popular business is located in the heart of the picturesque village of Godshill.

Neighbouring businesses and tourist attractions include the Model Village, Chocolate Island and All Saints Church. There is a free village car park enticing tourists and visitors to the area.

The tea rooms stunning renaissance gardens include waterfalls and hand sculpted stone seats and tables. These beautiful gardens have won the Wight in Bloom Award 7 times and are kept and cultivated to a very high standard.

The tea room business is offered for sale with 2/3 bedroom owners accommodation on site plus the potential to have a property with an income.

THE BUSINESS
The tearoom is licensed and offers 100 covers to the gardens and a further 70 to the two indoor seating areas.

The gardens are mainly laid to lawn with various stone ornaments and pretty water features positioned throughout.

Currently trading over 8 months of the year there is ample opportunity to expand this by offering weddings and other private hire functions.

A full inventory can be provided upon request.

Accounts can be provided to bona fide applicants only, once a viewing has been undertaken.

Further information can be found by visiting our clients’ website: www.willowtreeteagardens.co.uk.

RESIDENTIAL/OWNERS ACCOMMODATION
The whole site is set in approximately ½ acre and is privately accessed from the High Street. The property offers 2/3 bedroom owners’ accommodation within landscaped gardens.

The Coach House, a lovely spacious property, offers the following accommodation and approximate sizes:

Ground Floor
Sitting/Sun Room 23ft x 18ft
Kitchen Diner 17ft x 12ft
Study/Bedroom 17ft x 14ft
Cloakroom

First Floor
Bedroom 1 18ft x 12ft
Bedroom 2 18ft x 11ft
Bathroom

Outside
Landscaped gardens sweep from the front to the rear of the property and are well maintained and manicured. There are various sheds as well as a garage on site.

VIEWINGS
All viewings to be arranged via our Commercial Office. Please contact 01983 527727 to arrange an appointment.

BUSINESS RATES
The Valuation Office website shows the rateable value as £8,800, rates payable £4242.00.

COUNCIL TAX
Band C

PLANNING FOR TEAROOMS AND ACCOMMODATION
Outline Planning Permission was granted on 23/04/2013 by the Isle of Wight Planning Department for the demolition of the current tearooms and part of the Coach House and the redevelopment of a new tearooms with a 2 bedroom flat over and a detached 3 bedroom property in the grounds. Please see plans and proposed layouts below.

All plans and permissions can be viewed at www.iwight.com/planning by searching P/00195/13 – TCP/23877/K.

NEIGHBOURING SITE – 7 Hollow Glade, Godshill, Isle of Wight, PO38
Adjacent to the site is a property accessed via Hollow Glade which is owned by the vendors of Willow Tree Tea Gardens. This property is also available as a separate. The property is currently let on an Assured Shorthold Tenancy and could provide an additional income should this be purchased in conjunction with the tea rooms.

Our client is asking for £190,000 for 7 Hollow Glade.

PLANNING FOR NEIGHBOURING SITE
Adjacent to 7 Hollow Glade is a site with outline planning permission, previously granted in 2005 and extended on appeal in 2011 for the demolition of the garage and sun lounge and the development of a new dwelling on site. A copy of the planning permission can be viewed at www.iwight.com/planning and by searching TCP/26887/B, P/00730/11.

Our client is asking for £90,000 for this development site.

Property Features :

  • Fantastic Tea Rooms & Gardens
  • Owners Accommodation
  • Opportunity to Purchase Neighbouring Investment

Property Info:

 
 
 
Red Squirrel Property Shop Ltd
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