Coastal bar & restaurant comes to the market through Christie & Co
Specialist business property adviser, Christie & Co has been appointed to market The Gate in Freshwater Bay, Isle of Wight. Formerly part of the Sandpipers Hotel, The Gate is a fully refurbished bar and restaurant located in the heart of Freshwater Bay, a popular holiday destination within easy access of Yarmouth, three miles to the south and Newport, 12 miles to the west.
A stone’s throw from the sea, the business comprises a contemporary, light and airy wooden bar servery and seating area, a raised restaurant area featuring booth seating for 45 covers, a fully fitted commercial kitchen, and self contained one bedroom owner’s accommodation on the first floor with separate access. The rear of the property benefits from an extensive trade garden featuring a patio for 40 covers, grassed garden, Wendy house and path leading to a rear parking area for 10 vehicles.
The business has been trading on limited hours, only opening for special occasions or upon request from customers, making this a unique opportunity to acquire a fully fitted licensed business ready to begin trading immediately.
Richard Wood, Senior Business Agent at Christie & Co comments, “The Gate is ideally suited for a lifestyle purchaser wishing to relocate to the idyllic setting of Freshwater Bay. The business has been fully refurbished and is ready to trade, providing both adequate cover space and high quality owner’s accommodation with lovely views towards Freshwater Bay.”
The Gate is being marketed off a freehold guide price of £345,000.