Hotel/guest house for sale in St. Georges Road, Shanklin PO37

The Swiss Cottage is a long established family run business which currently has 9 Letting rooms and has potential to increase this by a further two rooms by reducing the currently used owner’s accommodation.
The property dates from 1866 and has been extended and altered over the years and in our opinion has attractive painted elevations under a slate roof. The accommodation throughout is offered in good tasteful decorative condition with the windows being uPVC double glazed replacement units and the whole property is warmed by gas fired central heating.
It is very well situated in a quiet road which is mid-way between the Town Centre and the Cliff-Path and the benefit of both of these facilities being only about a 300 yard walk each way. The attractive and popular Old Village area of the Town is only about 1⁄2 a mile walk as are the lovely safe sandy beaches that Shanklin offers together with all the associated tourist attractions. The hotel’s location is ideally suited for those travelling with or without a vehicle and it also features some off-road parking for 6 cars.
As can be seen from the hotel’s website, the business has earned many tourism awards over the years and it currently has a four star rating for guest accommodation with Visit England, it has a 2018 certificate of excellence on Trip Advisor and been voted in the 2018 Travellers Choice and placed 21st in the UK. The hotel has a Silver Breakfast Award and is currently rated 5th best hotel out of 48 in Shanklin.
In our opinion this business offers an excellent opportunity for someone wishing to make their first venture into the hospitality trade as it comes with a well established trade (the current owner’s open from April to October) on B&B basis.
We believe that there is scope to increase the trade by opening longer as the present owners keep the trading to under the VAT threshold.

Ground Floor

Entrance Hall

Lounge Bar (5.61m x 3.86m (18'5 x 12'8))

Dining Room (8.59m x 3.91m (28'2 x 12'10))

Bedroom One

With en-suite shower room

Small Sitting Room

Bedroom Two

With en-suite shower room

First Floor

Bedroom Eleven

With en-suite shower room

Bedroom Ten

With en-suite shower room

Guest Lounge

Bedroom Nine

Bedroom Eight

With en-suite shower room

Bedroom Seven

With en-suite bathroom

Bedroom Six

With en-suite bathroom

Bathroom

Bedroom Five

With en-suite shower room
Stairs leading down to Owners Private Accommodation

Owners Private Accommodation

Ground Floor

Office/Living/Dining Room (4.70m x 4.45m (15'5 x 14'7))

Trap door and stairs down to cellar area.

Lounge (3.07m x 2.95m (10'1 x 9'8))

Walk In Store Room

Bedroom Three (3.86m x 2.64m (12'8 x 8'8))

Kitchen (3.45m x 5.64m (11'4 x 18'6))

Side Lobby

Outside

To the front of the property there is a car-parking area for up to 5 vehicles. Gardens to the side and rear.

Tenure

Freehold (To be confirmed)

Council Tax

Council Tax Band A (Can be confirmed on the Government website)

Uniform Business Rate

£5,500. If the hotel is run as a sole business as an owner/proprietor it should attract zero business rate charges