The Stag is a well known and prominent public house situated on the traffic lights in the middle of Lake at the junction of Newport Road, Sandown Road and Lake Hill.
The public house has been closed for some considerable time with the public house arranged over two floors with the main bar and kitchen area on a slightly raised ground floor level while below is a semi basement area which includes a former club room/secondary bar as well as the beer cellar and storage. It is considered that the former public house may be suitable for conversion to other uses including potentially residential accommodation, subject to all necessary consents being obtainable.
On the upper floor is a recently refurbished four bedroom HMO which is producing a very worthwhile income in its own right.
Lower Ground Floor
Secondary bar/club room, beer cellar and boiler room.
Pub/restaurant area, small kitchen, ladies & gents cloakrooms with W.C.s
Currently arranged as a HMO with communal living room/kitchen, four letting rooms.
Local Planning Authority
Isle of Wight Council. Tel: 01983 823552. Website: iwight.com
Let on an Assured Shorthold Tenancy Agreement from 2nd August 2021 at a current rental of £475 per calendar month.
Let on an Assured Shorthold Tenancy Agreement from 20th July 2021 at a current rental of £450 per calendar month.
Let on an Assured Shorthold Tenancy Agreement from 9th July 2021 at a current rental of £400 per calendar month.