Graham + Sibbald are pleased to offer for sale The Melbourne Ardenlea Hotel, located in the popular seaside holiday destination of the Isle of White.
The attractive 3 storey detached period property includes modern extension and additions to the rear of the building with painted and brick elevations beneath various pitched slate, tiled and flat roof coverings.
The property is situated in the highly sought after historic seaside resort town of Shanklin on the Isle of Wight. The hotel is located less than a mile from Shanklin Station as well as Shanklin beach, whilst the Ferry Port of Fishbourne is 11 miles away and the Hoverport at Ryde is approximately 9 miles distant.
There is considerable scope for a purchaser to re-position and develop the business. We believe that the hotel is likely to be of interest to a wide range of potential buyers including individual regional operators or multiple operators and investors.
Situated on a plot of approximately 0.75 acres (0.3 hectares), the property would also be of interest to property speculators and developers for alternative use, subject to obtaining planning permission and any other necessary consent.
*54 en-suite letting bedrooms
*Situated in a prime Isle of Wight location
*seaside hotel within resort of Shanklin
*Lounge/lobby, bar, restaurant (80 covers)
*Indoor swimming pool
*Possibility of alternative use- subject to planning consent