DESCRIPTION
The Old Thatch Teashop is probably one of the Island’s most famous teashops located in the centre of Shanklin Old Village which is also one of the Islands best known visitor attractions.

Constructed originally as two fisherman's cottages and dating we believe from circa 1690 it has lovely character stone elevations under a thatched roof with its distinctive teapot and cup & saucer ridge feature.

We understand that the property was first altered to a teashop in the 1940’s and over the years it has expanded into surprisingly large premises which has three internal tearooms with approximately 52 covers and a delightful private enclosed rear garden which has a further 40 covers. The garden is a very well known feature of the business as it has a distinct “fairy” theme and is always beautifully dressed for the Summer season. As can be seen from the photographs and the businesses website it has gained a number of awards over the years including a recent Winners of the Best Tea Rooms & Tea Gardens on the Isle of Wight.

A new owner of the business will have the opportunity to live on the premises as it has a good sized two bedroom apartment on the first floor although this is not currently used by the present owners. The whole property is full of distinctive character and we believe offers an excellent opportunity for the purchaser to buy a lifestyle business which still has great opportunities for increasing the level of business.

The premises have an alcohol licence and there is scope to utilise this more by opening the business for longer to incorporate a restaurant which in turn would extend the season. Currently the tearooms are open from the beginning of April until the end of October and the vendors keep the business turn over just under the current VAT threshold.

The business is being sold as a going concern with all the equipment and display items and we really would recommend an internal viewing to fully appreciate all that this property and business have to offer.

The building is Grade II listed and the whole accommodation is warmed by gas fired central heating.

It comprises:-

GROUND FLOOR

ENTRANCE LOBBY with lovely original flagstone floor which opens into:

TEAROOM 1 which measures approximately 30’ overall x 19’6 maximum (9.19m x 5.95m) has seven tables in total incorporating fitted bench seating. Bar counter with an ice making machine, glass washer and large bottle chiller.

TEAROOM 2 which measures approximately 17’9 x 14’7 maximum (5.41m x 4.46m) with five tables, a feature brick fireplace and French doors which lead to the Teagarden.

TEAROOM 3 12’ x 11’7 (3.67m x3.53m) with three tables and fitted window bench seating.

CUSTOMER WC with low flush suite and wash hand basin.

KITCHEN 21’7 overall x 11’9 max ( 6.58m x 3.59m) well fitted and equipped with range of fitted units and many stainless steel worktops and tables and other equipment including coffee machine and deep double bowl stainless steel sink, commercial oven, four microwaves, fridge, freezer and ample crockery and cutlery etc. Commercial dishwasher. French doors to Teagarden.

FIRST FLOOR

LANDING

LIVING ROOM 15’11 x 15’4 max (4.58m x 4.68m) with feature brick fireplace and dormer ceilings.

BEDROOM 2 11’9 x 10’10 max (3.6m x 3.31m) with built in dormer double wardrobe.

BATHROOM/WC 10’3 x 9’5 (3.13m x 2.87m) fully fitted with a cottage style suite comprising a panel bath, separate shower cubicle, pedestal washbasin, bidet and low flush WC with a built in store cupboard and worktop.

BEDROOM 1 14’ x 12’ (4.27m x 3.66m).

OUTSIDE
At the rear of the property is a delightful well stocked garden which is laid to separated seating areas with mature shrubs and borders with further seating for 40 covers. The garden has a sunny Southerly aspect and can be approached through the teashop but there is also a side pathway from Church Road.

There is also a small garden area to the front side of the property which is enclosed by high fencing.

TENURE Freehold (to be confirmed).

SERVICES All mains connected.

UNIFORM BUSINESS RATE £14,500.

VIEWINGS STRICTLY BY APPOINTMENT THROUGH
ARTHUR WHEELER ESTATE AGENTS[use Contact Agent Button]

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