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Totland Bay, Isle of Wight Property for sale
Totland Bay, Isle of Wight
£3,500,000
Totland Bay, Isle of Wight
£3,500,000
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
Description
This impressive, redeveloped freehold pier business is located in Totland Bay, on the western edge of the Isle of Wight, and offers stunning panoramic views of The Needles Lighthouse, Christchurch Bay, and the New Forest Coastline. The property has undergone a multi-million pound renovation and features a high-quality, fully equipped commercial kitchen, dedicated WCs, and well-appointed bar areas on both the ground and first floors. The closed bistro has multiple dining areas and an external servery, providing trading potential for takeaway offerings. The pier is 140 meters long and has been thoughtfully designed to extend to approximately 278 square meters. Planning permission has been granted for a restaurant on the pier end, offering flexibility for a buyer or investor to complete the fit-out. The property benefits from consistent seasonal footfall and growing visitor demand, making it an attractive opportunity for those looking to capitalize on the Isle of Wight's resurgence in domestic tourism.