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 %
- Average area rental value
- 1,208.00 £/moDecreased by 5.18 %
- Est rental Yield
- 7.59 %Increased by 89.75 %
- Crime Rate
- 92.00 %Unchanged by 0.00 %
Agent Activity
Fine & Country created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Catherine'S School | Non-maintained Special School | Good | 0.17 KM |
| Ventnor Children'S Centre | Children's Centre Linked Site | 0.33 KM | |
| The Island Free School | Free Schools | Good | 1.43 KM |
| St Francis Catholic And Church Of England Primary Academy | Academy Sponsor Led | 1.64 KM | |
| Wroxall Primary School | Community School | Requires improvement | 2.93 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Pound Lane | £ 90,000 | 0 | 0.00 KM |
| Kent Road | £ 0 | 0 | 0.00 KM |
| Saint Alban's Road | £ 340,000 | 0 | 0.00 KM |
| East Street | £ 125,000 | 0 | 0.00 KM |
| Bay Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Shanklin | 5529 | SHN | 5.30 KM |
| Lake | 5504 | LKE | 7.31 KM |
| Sandown | 5525 | SAN | 8.50 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Church Street, Ventnor, Isle of Wight | £ 500,000 | BUY | 6 / 10 | 0.00 KM |
| Church Street, Ventnor, PO38 | £ 179,000 | BUY | 5 / 10 | 0.01 KM |
| Church Street, Ventnor, Isle of Wight | £ 130,000 | BUY | 6 / 10 | 0.02 KM |
| Church Street, Ventnor | £ 140,000 | BUY | 5 / 10 | 0.02 KM |
| Church Street, Ventnor, Isle of Wight | £ 287,500 | BUY | 5 / 10 | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 21b Church Street | £ 185,000 | 0.03 KM |
| 17b Church Street | £ 93,000 | 0.07 KM |
| 9a Church Street | £ 86,000 | 0.07 KM |
| Noahs Cottage | £ 210,000 | 0.10 KM |
| Etchings | £ 425,000 | 0.10 KM |