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Pubs, Dining and Cafes

Seafront Freehouse and Restaurant For Sale

Ocean Deck Inn High Street, Sandown, Isle of Wight, PO36 8AE

£45,000 per annum

Key features

  • Exceptionally well equipped bar/restaurant looking out to sea
  • Benefits from a bar and conservatory running to circa 137m² (1,478ft²)
  • Over 100 covers inside with a further 40+ on the outdoor seating area
  • New lease offered at £45,000 per annum, with an ingoing premium of £10,000
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Location

Occupying a stunning position along Sandown's highly popular seafront, amongst a multitude of hotels and guest houses, Ocean Deck Inn enjoys one of those trading locations that rarely come to the market. Sandown forms part of the Sandown-Shanklin-Lake conurbation which wrap around Sandown Bay with the sandy beaches and leisure offer of the area, ensuring high numbers of visitors and tourists, boosting the local population of around 19,500. Sandown’s seafront is a magnet to tourists and locals alike, flocking to the area to enjoy the many facilities and amenities on offer. Besides its famous sandy beaches Sandown is home to The Isle of Wight Zoo, Dinosaur Isle, Sandham Gardens Activity Park plus Sandown Pier with its many rides and attractions.

Description

Ocean Deck Inn is a highly characterful, family orientated pub and restaurant, very much in keeping with the position of this venue. The public areas are defined as a main bar and restaurant of some 87.2m² (938 ft²) currently laid to cater for 54 diners and drinkers, steps down to a conservatory of approximately 50.2m² (540 ft²) catering for 49 covers and an attractive decked area to the front has seating for around 40 during clement weather. Exceptionally well equipped kitchens lay behind the bar including a walk-in freezer and separate walk-in fridge. There is a prep/wash-up room and plenty of storage to the very rear of the premises. Ladies and gents WCs supporting the public areas and cellarage supporting the business complete the commercial accommodation on offer.

Terms

New lease offered at £45,000 per annum, with an ingoing premium of £10,000. The ingoing tenant to pay a rent deposit equivalent to 1 month’s rent, with the rent to be paid monthly in advance. If let to a limited company, then a rent guarantor will be required. All other terms by negotiation.

Uniform Business Rate

Rateable Value: £14,000

2023/2024: £0.512p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on 01983 821000

Viewing

Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Morgan Williams on 01983 301434. E: gchambers@gullyhoward.com or mwilliams@gullyhoward.com

Pubs, Dining and Cafes

Seafront Freehouse and Restaurant For Sale

Ocean Deck Inn High Street, Sandown, Isle of Wight, PO36 8AE

£45,000 per annum

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