Restaurant

LOCATION
Totland Pier sits in the centre of Toland Bay, which is located approximately 4 miles east of the harbourside town of Yarmouth. The Needles lighthouse is positioned about two miles to the west of The Pier. Yarmouth has a mainland vehicular ferry link to Lymington, which connects to the National Rail Network. London is around 1hr and 55 minutes, by train. Just over 65 miles from London and easily accessed by car or passenger ferry.

DESCRIPTION
Originally constructed in 1880, Totland Pier has been the subject of a comprehensive rebuild over the past two years and is now available to the market offering the ability to deliver an exclusive and lucrative leisure opportunity on the South Coast. There are stunning panoramic views from the property towards The Needles Lighthouse, Christchurch Bay, Hurst Castle and the New Forest Coastline and the Pier is surrounded by crystal clear waters.

The entire freehold of the Pier is being offered to the market for the first time in decades and is an exceptional leisure/F&B opportunity located in an accessible turquoise sandy bay within striking distance of the mainland.

WHAT IS ON OFFER

FREEHOLD VICTORIAN PIER: The 140 meter Pier has recently undergone a multi-million pound renovation, led by one of the UKs leading Marine Structural engineers, to an exceptionally high standard. The main pier has been restored where possible and sympathetically replaced where not, taking into account storm and flood levels not seen before in the UK. The pierhead has also largely been replaced with steel piles and platform, to take the new building. And the whole structure has been re-boarded in oak or eke, to retain its Victorian heritage whilst being capable of lasting another 100 years.

ECO-FRIENDLY MOORINGS: 20 x leasehold from the Crown Estate, enabling customers to arrive by boat and safely stay for lunch or over-night. There is also plenty of anchorage in the bay, which can often see over 50 boats on a summer's day.

THE RESTAURANT: There is planning permission for a stunning restaurant set over two levels with the ability to cater for 120 covers inside/100 covers outside, at the western end of the Pier. The two-storey building will offer a high-quality dining experience with unrivalled views. Construction up to shell and core level is likely to be completed during Spring/Summer 2022.

THE BISTRO (SOUTH WEST END): Fully operational with a proven track of operational success over the summer of 2021. The Bay's first summer of trading averaged 340 covers per day. The bistro comprises; of a high quality and well-equipped commercial kitchen, ladies, gents and disabled w/c, bar, two dining areas on the first floor and a further dining area on the ground floor – all offering stunning views across the bay to the mainland shore. There are bars on the ground and first floor, and an outside servery called The Hatch for selling ice creams etc. This substantial building extends to extends to approximately 278 sq. m (2992 sq. ft)

ALTERNATIVE USES: One option the owners have considered, is to use the building for parties and functions, as well as, or instead of a restaurant. There is also existing planning permission for a holiday home instead, if any future owner wanted to pursue that avenue.

SERVICES
To be added

OUTGOINGS
To be added

PLANNING
CONTRUCTION PLANNING
Planning permission has been granted for an extension to the Pier head following the purchase of an additional section of seabed enabling further expansion. Details can be found on the Isle of Wight Planning Portal Register with the following reference 20/02263/FUL. Full design details for the pier head, two storey restaurant can be found with the reference 19/01619/FUL. Permission for a holiday house on the pier end was granted in 2010, reference P/01745/10.

VIEWING
All viewings will be strictly by prior arrangement with the sole selling agents, Spence Willard. The Square, Yarmouth, Isle of Wight, PO41 0NP.