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Esplanade, Shanklin Residential development for sale
Esplanade, Shanklin
£495,000
Esplanade, Shanklin
£495,000
Our Summary
- The property is a former trading hotel with planning permission to convert to 3 x holiday apartments and 1 x residential townhouse with the following accommodation: Holiday AccommodationGround Floor - approx
- PLANNINGPlanning permission was granted in July 2021
- Planning reference no: 20/01648/FUL
Description
This former bar, restaurant, and hotel is situated on Shanklin's award-winning seafront, boasting spectacular sea views. The property is a rare opportunity for developers or investors, with planning permission to convert it into three holiday apartments and one residential townhouse. The holiday apartments, each with its own unique layout, offer stunning sea views from their balconies, while the residential townhouse has three bedrooms, a separate kitchen, living room, and a great size balcony area to the rear. The property has mains electric, gas, water, and drainage, and is located on a main bus route with easy links to other Island hotspots. The guide price for this property is £495,000, and viewings can be arranged through HRD Commercial.