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2 bedroom property for sale
Pavarottis Restaurant, 105 High Street, Shanklin, Isle Of Wight
£195,000
Pavarottis Restaurant, 105 High Street, Shanklin, Isle Of Wight
£195,000
Our Summary
- There is the opportunity for a restauranteur to continue in a similar vein or, alternatively, the ground floor may suit other commercial uses, subject to all necessary consents being obtainable
- Freehold with Vacant PossessionCommercial EPC: CImportant:All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers
Description
This three-storey freehold building in Shanklin old village is a prime location for hospitality businesses, having been home to Pavarotti's restaurant for the last 30 years. The business is now reluctantly closing due to retirement, offering a unique opportunity for a restaurateur to continue the legacy or for alternative commercial uses, subject to necessary consents. The building also features two-bedroom owner's accommodation on the upper floors, which could be converted into a separate self-contained flat with the necessary works and consents. The property has a floor area of 159 sq.m and an EPC rating of C (75), with vacant possession available. The ground floor features a restaurant area, kitchen, lobby, and rear store, while the first floor has ladies and gents customer cloakrooms. The second floor has a two-bedroom and bathroom with W.C., and there is a small outside area to the rear.