Hose Rhodes Dickson - Isle of Wight Commercial Property Agents

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For Sale 1,250,000 - Chine Avenue, Shanklin, Shanklin Villa Apartments, Chine Avenue, Shanklin, PO37 6AG

Property Description

LOCATION
Situated in the sought after location of Shanklin Old Village this lovely property is in an elevated position with superb sea views over the Channel.

Located within a couple of minutes? walk to the Old Village in Shanklin, the town offers many amenities including restaurants, public houses and tea rooms. The beautiful Shanklin Chine, a popular destination is also within walking distance as are the Tower Cottage Gardens and Rylstone Gardens with its bandstand and tea rooms.

Further amenities are provided at Regent Street and the High Street, a little further away, including doctors, pharmacy and banking facilities.

The property is ideally positioned giving easy access to Shanklin Esplanade with its sandy beaches stretching the coastline towards Lake, Sandown and Yaverland beyond.


DESCRIPTION
This former Victorian gentleman?s residence has been recently refurbished to a very high standard throughout and now provides immaculate holiday letting accommodation.

There are 8 apartments in total, the majority of which offer sea views with balcony, patio or terraced area. Each unit is fully equipped to the same high standard and provides everything required for self-catering holiday letting.

The communal grounds are lawned and easily maintained, south facing and offer outdoor seating areas and children?s play area.

The property also offers the benefit of 8 car parking spaces, each allocated to its own unit.



Business

The business has been trading for some while now and shows good profit margins. The apartments are let either weekly or weekends and occupation levels are steady throughout the year. An inventory can be provided upon request. Accounts will be shown once a viewing has been undertaken and a non-disclosure agreement has been signed.




ACCOMMODATION
Accommodation comprises:

Mountbatten Garden Apartment: A garden apartment with sea views offering 4 en suite bedrooms, open plan lounge kitchen diner, patio, courtyard, 6 person hot tub and direct access to the communal lawned gardens.

Eversley Apartment: A split level apartment offering accommodation over the first and second floors. 4 bedrooms; 3 with en suite, kitchen diner, lounge and south facing decked roof terrace with hot tub.

Cromwell Apartment: A 3 bedroom apartment, with en suite to the master bed, situated on the first floor with lounge diner, kitchen and shower room. This apartment benefits from a large private decked roof terrace with hot tub and sea views.

Montagu Apartment: An upper ground floor 3 bedroom apartment, with en suite to the master bed, lounge, kitchen diner and shower room. Private courtyard with hot tub.

Cadogan Apartment: An upper ground floor apartment offering 1 bedroom with en suite, kitchen and lounge diner. Use of the communal lawned garden with 6 person hot tub and outdoor seating.

Worsley Apartment: A ground floor 1 bedroom split level apartment with lounge diner, kitchen and access to communal gardens with 6 person hot tub. Direct access to car park.

Beatrice Apartment: A first floor studio apartment with kitchenette, shower room and use of communal gardens with hot tub and outdoor seating.

Battenburg Apartment: A ground floor studio apartment with open plan lounge kitchen and bedroom. Wet Room. Access to communal gardens with hot tub and outdoor seating.


TERMS
Our client is asking £1,250,000 for this freehold site.


VIEWING
All viewings to be arranged via our Commercial Department, please contact either 01983 527727 or commercial@hrdiw.co.uk.





Agents Notes


Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.



 
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