Lot 48 Freehold Cliff Top Hotel With Twenty En-Suite Guest Rooms And Stunning ViewsAuction Date:
12th June 2025
Harrow Lodge Hotel, 31 Palmerston Road, Shanklin, Isle Of Wight, PO37 6BD
Key Features
The Harrow Lodge has been a popular profitable family-run business for many years and is only reluctantly sold now due to retirement, but as a result is sold with the benefit of a significant level of bookings for the remainder of the summer for the new owners to take on.
The building enjoys a landmark cliff top location with stunning views over the eastern end of the Isle of Wight and The Solent, and English Channel beyond.
The hotel offers twenty en-suite guest rooms, many of which also enjoy fine views, with four of the bedrooms having the advantage of sea views from the balconies. The hotel has run with a fully licenced bar which in turn has its own balcony and terrace, along with a fifty-cover dining room and a fully fitted commercial kitchen. Outside, the hotel has the advantage of its own car parking and a splendid sun terrace fronting onto the Island coastal path.
A short distance from the hotel is the famous Shanklin beach lift, providing speedy access to the beach and sea front below. In the opposite direction and a short walk away is Shanklin Old Village, Shanklin Theatre, and the town centre.
EPC Rating
C (63). Floor area 525 sq.m.
Freehold with Vacant Possession
There is an addendum available to be read
in conjunction with the legal documentation.
Important
All lots are sold subject to the Common Auction Conditions and Special Conditions of Sale (unless varied by the Sellers Solicitors), together with the Addendum, which will be available on Auction Day.
* Price Information
Guides are provided as an indication of each Seller’s minimum expectation. They are not necessarily figures at which a property will sell for and may change at any time prior to Auction. Unless stated otherwise, each Lot will be offered subject to a reserve (a figure below which the Auctioneer cannot sell the Lot during the Auction).
We expect the reserve will be set within the guide range or no more than 10% above a single figure guide. Please check our website regularly at cliveemson.co.uk, or contact us on 01622 608400, in order to stay fully informed with the up-to-date information.
Additional Fees
An Administration fee and Other non-optional fees may also be payable in addition to the bid price. All lots are offered subject to the Common Auction Conditions and Special Conditions of Sale or Revised Special Conditions of Sale (as applicable) and may include the repayment of search and other fees and or costs payable by the buyer.
All buyers are advised to inspect all available legal documentation prior to bidding and will be deemed to fully understand what they may be liable for if they are successful in purchasing. This should also include Stamp Duty, Land Registry fees and VAT which may become payable on completion in line with any property transaction, whether it is by auction or private treaty. If, as a buyer, you are in doubt you should seek advice from your own professional advisors. For more information on fees please go to Buyers Fees
