Property description

Licensed Hotel set on the cliff top at Shanklin and enjoying panoramic views over Sandown Bay to Culver and out to the Channel

Offering 46 letting rooms the Mayfair trades between March and December catering for private guests on a Bed & Breakfast basis while coach and school parties are provided with an evening meal. Many of the rooms enjoy sea views.

Situated on the only road leading to the seafront and its award winning beaches the hotel is close to the town centre and local transport links. There is direct access to the cliff path which leads to the Old Village in Shanklin and along the cliff top to Sandown.

To the front of the hotel there is ample parking for both private vehicles and coaches.

THE PREMISES

Main entrance from Hope Road with steps up to the entrance hall and reception.

Bar/ lounge with range of soft seating, dance floor and entertainment area, pool table. Bar with range of optics and beer pumps. French doors to decked terrace with range of outdoor seating and far reaching views across Sandown Bay. Steps down to the garden with seating area and access to the cliff path.

There is a swimming pool in the grounds which is covered over and not currently in use, however this could be reinstated by new owners if required.

Stairs down from the hallway to the dining room with seating for 80-100 guests.
Good sized kitchen with range of catering equipment (a full inventory will be provided). Preparation and washing up areas. Series of storage rooms, utility and boiler room. Access to gardens leading to rear access to the premises.

Small domestic kitchen for the use of the owners.

The bedrooms are mainly arranged over three floors with an additional three rooms on the lower ground floor. They consist of a mixture of double, twin, family and single rooms. All rooms are en suite with either showers or baths with shower mixer taps. Many of the rooms have sea views and all have central heating, TV’s and hospitality trays. A bedroom list can be provided on request.

The business is operated by the owners with the assistance of 8/9 part time staff and a part time chef.

Bookings are taken via their own web site and booking sites such as Expedia, Late Rooms, Booking .com are also used.

Please visit our clients own web site www.mayfair-isleofwight.co.uk for further details including the current tariff.

The Mayfair represents the opportunity for new owners to take over an up and running business with potential for expansion. This cliff top site has, in the opinion of the agent, some of the best sea views in Shanklin.

Trading figures will be available to bona fide applicants.

UBR £32,250 (0.482p in the pound payable without relief)

Also available to lease at £50,000 pa. A new FRI lease for a period of 5 years will be granted with an option to renew at the end of this term. A premium of £10,000 will be charged.