Hotel for sale
Property description & features
LOCATION
Situated in Shanklin, a popular tourist location on the island, the hotel sits on the cliff top overlooking the magnificent sweep of Sandown Bay. The Carlton enjoys an ideal location for exploring Shanklin’s sandy beaches, the famous esplanade, and the charming Shanklin Old Village.
The main town, which is just a short 5-minute walk away, boasts all sorts of amenities ranging from boutique stores, big brand shops, restaurants, cafes, salons and much more.
DESCRIPTION
The Carlton Hotel has all the character & heritage you would expect from a fine Victorian establishment, whilst also benefiting from tasteful upgrading and modern facilities. The property was built in 1863 over two floors and has been family-owned for over 10 years. Whilst being awarded Trip Advisors 'Certificate of Excellence' 4 years running, the hotel has also been voted on Trip Advisors ‘Travellers Choice‘ as one of the top 25 bargain hotels in the UK.
The Carlton is open for business from March through to October, offering bed & breakfast accommodation, as well as the much loved Tea Gardens 'The Deck'.
ACCOMMODATION
The property comprises of 11 en-suite letting rooms, the Deck Tea Gardens and a separate owners accommodation.
Ground Floor:
Room 1 - Office
Room 2 - Double
Room 3 - Twin
Lounge Bar
TV Lounge
Kitchen
Dining Room
Conservatory
First Floor:
Room 4 - Family
Room 5 - Twin with balcony & sea views
Room 6 - Double with balcony & sea views
Room 7 - Single
Room 8 - Double
Room 9 - Family
Room 10 - Family
Room 11 - Double
Room 12 - Single
Bath
Owners accommodation is accessed from a separate outside door which comprises:
Ground Floor:
Kitchen
Living Room
First Floor:
Bedroom 1
Bedroom 2
Bath
WC
Outside
Award-Winning 'The Deck' Tea Gardens can be found at the rear of the hotel, accessed from the Cliff Path or the hotels indoor Lounge Bar. It boasts a large outdoor seating area and extensive sea views across the bay. The Gardens have won 'Best Gardens in Shanklin' two years running.
Please visit The Carlton Hotel website for more details.
TERMS
Our client is asking Guide Price £825,000 FFGW + SAV for this freehold property.
OUTGOINGS
The VOA shows a rateable value of £7,800. Using the current multiplier of 0.54p means current vendors are eligible for small business rates relief.
VIEWING
For all viewings please contact HRD Commercial on[use Contact Agent Button] or [use Contact Agent Button]
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Broadband availability and predicted speed: obtained from Ofcom on May 16, 2022
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Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
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Mobile phone signal availability and predicted strength
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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