RARE HOTEL OPPORTUNITY The Brunswick Hotel, 5 Queen s Road, Shanklin, Isle of Wight, PO37 6AN Freehold For Sale Offers Invited Summary Freehold going concern 31 bedroom hotel with picturesque views overlooking the English Channel Separate four bedroom owner s penthouse also included Heated outdoor pool and luxury indoor pool 70 cover restaurant and dining area Extensive grounds with direct access to the gardens of Shanklin Chine and beaches of the Esplanade Consistent turnover and profitability Genuine retirement sale savills.co.uk
Location Shanklin is a popular seaside resort and civil parish on the Isle of Wight, located on Sandown Bay. Shanklin has a population of 9,072 persons (2011 census). The Isle of Wight is situated in the English Channel about 4 miles (6 km) off the coast of Hampshire, separated by the Solent and is approximately 24 miles wide and 12 miles from the North to the South. The main public ferries are accessed from Lymington, Southampton and Portsmouth via the Wightlink, Red Funnel and Hovertravel services with journey times of approximately 40-45 minutes. The property is located in one of the most tourist-orientated parts of the town centre, close to Shanklin Chine, sandy beach off the Esplanade and the picturesque Shanklin Old Village. The hotel is accessed directly off Queen s Road. Property Description This luxury hotel has been a family run business for over 40 years and has been attractively refurbished and maintained throughout this tenure. The owner s are now seeking retirement and therefore looking for a genuine buyer to take over their business interest. The building which was built approximately 150 years ago as a Victorian gentlemens residence, comprises a detached three storey brick building with slate tiled roof and is surrounded by attractive gardens, including an outdoor swimming pool and parking for approximately 25 cars. Internally, the hotel is immaculate and upon arrival, provides a reception and waiting area, which leads to the open plan lounge and bar area. Adjacent to this, there is a function/ games room on one side with the main restaurant area on the other. The ground floor also provides WC facilities, a commercial kitchen and back of house areas. The Brunswick Hotel also boasts an indoor swimming pool and sauna which is located on the ground floor. The remainder of the ground floor is made up of en-suite letting bedrooms. The upper floors for the hotel comprise of additional hotel bedrooms which are all en-suite and are fully equipped with tea and coffee facilities and freeview TVs. Many also have sea views. Separate to the hotel on the west elevation of the main entrance, access is provided to a first and second floor penthouse apartment. This apartment benefits from open plan living accommodation with four bedrooms provided. There is also an attractive balcony which benefits from panoramic sea views. The Business The hotel operates as a 3 star family/corporate hotel with a tariff range between approximately 100 to 150 for a standard double inclusive of breakfast and VAT. This tariff is subject to change depending on the time of year. The turnover and profitability for the hotel has been consistent and detailed accounts will be provided to bonafide parties upon request.
Tenure Freehold going concern. Staff will transfer under TUPE regulations.. Price A guide price of offers in excess of 1,500,000 for the freehold going concern interest inclusive of all trade fixtures and fittings. Planning We understand the property currently benefits from Class C1 Hotel use. Licensing The property has been granted a Premises Licence in accordance with the Licensing Act 2003. Rating The subject property is entered in the 2017 Rating List with a Rateable Value of 39,000. The National Multiplier for England and Wales for 2017/2018 is 0.479. Fixtures & Fittings All fixtures and fittings owned outright by the Vendor are included in the sale, however stock will be valued in addition on completion. EPC Certificate A copy of the EPC Certificate is available upon request. A C-55 Rating has been calculated. Viewing For a formal viewing, strictly by appointment with Savills.
contact Adam Bullas T: +44 (0) 23 8071 3959 E: ABullas@savills.com Savills Southampton 2 Charlotte Place Southampton SO14 0TB James Greenlees T: +44 (0) 23 8071 3986 E: JGreenlees@savills.com Savills Southampton 2 Charlotte Place Southampton SO14 0TB NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office Crown copyright licence number 100024244 Savills (UK) Limited. Important Notice Savills, their clients and any joint agents give notice that: 1. They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, images and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.