Church Street, Ventnor, Isle of Wight
FI

Church Street, Ventnor, Isle of Wight

By Fine & Country

£ 500,000

Reviews

3 out of 5 stars

Fine & Country says ..

Located on the ground floor of a modern art deco-inspired building, this commercial premises currently offers fine Italian dining with stunning views of Ventnor Bay. Decorated in a 1930s style, it features a bar, commercial kitchen, indoor/outdoor seating, and potential for events like weddings, ...

Property Oracle says ..

This property on Church Street, Ventnor, presents itself as an established, well-maintained commercial premises currently operating as a fine-dining restaurant. The pictures illustrate a stylish and modern interior, boasting a well-equipped kitchen, a bar area, and comfortable dining spaces. The location offers a stunning sea view, a significant advantage attracting customers. Ventnor, while offering a charming coastal environment, is relatively isolated, a factor to consider depending on potential buyer’s priorities. The relatively high asking price needs careful consideration, and potential buyers would need to factor in the value of the current business operation and ongoing profit potential alongside the underlying property value. A professional valuation would be necessary to understand the property’s precise worth and the justification for the listing price. The proximity to good schools and local amenities makes the location attractive but the limited land and the need for a full property survey makes this a property that needs more assessment before a purchasing decision is made.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
4
Bedrooms
1
Bathrooms
1

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
191,000.00 £
Decreased by 50.05 %
from 382,409.00 £
Average area rental value
1,208.00 £/mo
Decreased by 5.18 %
from 1,274.00 £/mo
Est rental Yield
7.59 %
Increased by 89.75 %
from 4.00 %
Crime Rate
92.00 %
Unchanged by 0.00 %
from 92.00 %

Agent Activity

  • Fine & Country created the listing.

Nearby Schools

NameTypeOfstedDistance
St Catherine'S SchoolNon-maintained Special SchoolGood0.17 KM
Ventnor Children'S CentreChildren's Centre Linked Site0.33 KM
The Island Free SchoolFree SchoolsGood1.43 KM
St Francis Catholic And Church Of England Primary AcademyAcademy Sponsor Led1.64 KM
Wroxall Primary SchoolCommunity SchoolRequires improvement2.93 KM

Images

Restaurant And Bar Restaurant And Bar Kitchen Main Elevation Views To Side Restaurant And Bar Restaurant And Bar Internal Lifestyle Photograph Restaurant And Bar Balcony / Terrace Views To Side (Original) Balcony / Terrace Communal Gardens Surrounding Area

Nearby Streets

NameAverage PriceAverage SqftDistance
Pound Lane £ 90,00000.00 KM
Kent Road £ 000.00 KM
Saint Alban's Road £ 340,00000.00 KM
East Street £ 125,00000.00 KM
Bay Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Shanklin5529SHN5.30 KM
Lake5504LKE7.31 KM
Sandown5525SAN8.50 KM

Nearby Listings

AddressPriceTypeScoreDistance
Church Street, Ventnor, Isle of Wight £ 500,000BUY6 / 100.00 KM
Church Street, Ventnor, PO38 £ 179,000BUY5 / 100.01 KM
Church Street, Ventnor, Isle of Wight £ 130,000BUY6 / 100.02 KM
Church Street, Ventnor £ 140,000BUY5 / 100.02 KM
Church Street, Ventnor, Isle of Wight £ 287,500BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
21b Church Street £ 185,0000.03 KM
17b Church Street £ 93,0000.07 KM
9a Church Street £ 86,0000.07 KM
Noahs Cottage £ 210,0000.10 KM
Etchings £ 425,0000.10 KM