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Totland Bay, Isle of Wight Property for sale
Totland Bay, Isle of Wight
£4,000,000
Totland Bay, Isle of Wight
£4,000,000
Our Summary
- An unique opportunity to purchase an impressive, redeveloped freehold pier business, located in one of the most attractive bays in the country, with a new bistro and planning permission for a restaurant on the pier end
- Additionally, an external servery known as ‘The Hatch’ provides further trading potential for takeaway offerings such as ice cream and light refreshments
- Planning permission has been granted for a two-storey restaurant capable of accommodating approximately 120 covers internally and 100 externally, with the potential to create a premium dining destination benefiting from unrivalled coastal views
- Alternatively, the space also benefits from extant planning consent for conversion into a residential holiday home, offering an attractive lifestyle or investment option
- Planning Application Planning permission has been granted for an extension to the Pier head following the purchase of an additional section of seabed enabling further expansion
- Details can be found on the Isle of Wight Planning Portal Register with the following reference 20/02263/FUL
- Potential for a variety of uses including bar/restaurant, residential and holiday accommodation
- Potential for a variety of uses including bar/restaurant, residential and holiday accommodation
Description
This unique property is a redeveloped freehold pier business located in Totland Bay on the Isle of Wight, offering stunning panoramic views of the surrounding coastline. The pier has undergone a multi-million pound renovation and features a high-quality bistro with a fully equipped commercial kitchen, bar areas, and multiple dining spaces. The property is situated in a prime seafront position, attracting consistent seasonal footfall and growing visitor demand. With planning permission for a restaurant at the pier end, the property offers flexibility for a buyer or investor to complete the fit-out and capitalize on the area's growing tourism industry. The Isle of Wight is experiencing a resurgence in domestic tourism, with the nearby Colwell Bay attracting high-value coastal visitors. The property's location is easily accessible by ferry from the mainland, and the island's natural beauty and outdoor activities make it an attractive destination for tourists year-round.