Property for sale

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Property for sale

Waterfront Inn, Esplanade, Shanklin, Isle of Wight, PO37 6BN
£795,000

Our Summary

  • Online Auction on Thursday, 26 June 2025

Description

This substantial building on Shanklin's award-winning seafront offers a unique opportunity to own a bar, restaurant, and hotel with extensive terraces and panoramic views of the beaches and Whitecliff Bay. The property features a bar and dining room with 190 covers, eight guest rooms with en-suite facilities, and owners' accommodation. The top terrace can be enclosed and heated for year-round use, and the property also includes staff facilities, storage, and a beer cellar. Located on the esplanade, the property is surrounded by restaurants, bars, and leisure facilities, and is close to the main town of Shanklin with its retail shopping, cafes, and churches. The property is available for sale by online auction with a 15-year lease from 2018, with a current passing rent of £82,250 per annum.