Key features
- Landmark beachfront property in a prime position
- Stunning sea views across Port Erin Bay towards Bradda Head
- Beach and coastal walks right on your doorstep
- A rare and exciting opportunity
- Excellent redevelopment and investment potential
- Established public house and restaurant with two bars, dining areas and outdoor seating
- Spacious first-floor three bedroom apartment with private terrace
- Second and third floors currently unused and offered as a blank canvas, with no fixtures or fittings
- Planning permission granted for five self-contained apartments on the second and third floors, approved for permanent residential or holiday let use, in addition to the existing apartment
- Potential for multiple income streams from the hospitality business, residential lets and holiday accommodation
Floor Plans
View the full layout and room dimensions for this property.
Summary
A rare opportunity to acquire an iconic beachfront property in Port Erin, with stunning sea views across Port Erin Bay towards Bradda Head with the beach and coastal walks right on the doorstep.
The property currently trades as a public house and restaurant, operated by tenants, with two bars, dining areas and outdoor seating. The second and third floors are currently unused and offered as a blank canvas with no fixtures or fittings, presenting excellent redevelopment and investment potential.
First-Floor Apartment
The first floor provides a substantial apartment stretching across the full width of the property, taking full advantage of the stunning views. It has a large living room, a spacious dining kitchen, three bedrooms, a bathroom, separate shower room, guest cloakroom (WC) and extensive storage throughout. The apartment is complemented by a private terrace.
A Property of Multiple Opportunities
The property offers a range of possibilities. A buyer could develop the approved residential accommodation as an investment while continuing to let the pub and restaurant. Alternatively, the upper floors could be combined into an impressive residence over three floors, with the ground-floor pub and restaurant let as an investment. Other configurations may also be possible, subject to the necessary consents.
Planning
On 7 June 2001, planning permission was approved for alterations and refurbishment of the former hotel to create a public house and six apartments. On 22 November 2005, further planning permission was approved for the additional use of the apartments as tourist accommodation, giving them dual usage for either long-term residential lets or holiday lets.
The conversion of the hotel into a public house, together with the creation of the first-floor apartment (Apartment 1) means the planning permission has been triggered. This leaves the opportunity to create the remaining five approved apartments on the second and third floors.
Approved Apartments
Apartment 1: The existing first-floor three-bedroom apartment described above
Apartment 2: Two-bedroom apartment with a large open-plan living, dining and kitchen space. Both bedrooms have en suites
Apartment 3: Two-bedroom apartment with a large open-plan living, dining and kitchen space. Both bedrooms have en suites
Apartment 4: A duplex apartment arranged over two floors, with a large open-plan living, dining and kitchen space and two bedrooms on the third floor above, both with en suites
Apartment 5: Two-bedroom apartment with a large open-plan living, dining and kitchen space. Both bedrooms have en suites
Apartment 6: Two-bedroom apartment with a large open-plan living, dining and kitchen space. Both bedrooms have en suites
Please CLICK HERE for all documents relating to the approved planning permission!
Primary Schools
- Scoill Phurt le Moirrey
Secondary Schools
- Castle Rushen
Further Information
Inclusions All fitted floor coverings and reclaimed cast iron radiators to the first floor apartment
Tenure Freehold
Rates Payable Treasury tel - 01624 685661
Amenities
- School Nearby
- Seaviews
- Town
Location
The Bay Hotel, Shore Road, Port Erin
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