3 AA Star Modern 8 Bed Guest House For Sale

Business description

Detached Guest House with 8 ensuite guest rooms

Located a few minutes walk from the historic Carisbrooke Castle and easy striking distance of Newport Centre

Modern & Spacious owner's accommodation

For sale with offers 'invited in the region of' £450,000, freehold, fixtures, fittings & goodwill, plus stock at valuation

Property information

Property:

Freehold

Living accommodation:

Castle Lodge boasts a spacious kitchen, lounge, 2 bedrooms (1 ensuite) and store, which has the potential to form a further single bedroom.

Location:

Castle Lodge Guest House is located in Castle Road and set amongst a mix of of guest accommodation and residential properties, in close proximity to the historic Carisbrooke Castle and the local village of Carisbrooke. The village of Carisbrooke benefits from a convenience store, Post Office, pubs serving food, and an Italian restaurant. Newport town centre is located 10-15 mins walk from Castle Lodge and has plenty of bars, restaurants and nightlife.

Newport is the Island's county town and undoubted commercial centre. The immediate population is around 25,000 and an adjusted catchment is often quoted as being in excess of 60,000 when Newport operates as the comparison shopping centre for the entire Island population of around 130,000. Continued investment in the town ensures its importance as a retail/leisure centre progresses. Revived in 2002, the Isle of Wight Festival is held annually at Seaclose Park, a recreation ground on the outskirts of Newport, drawing in around 90,000 to the Isle of Wight and in particular, Newport.

Premises details:

Castle Lodge is a detached, early 20th century, mock Tudor Villa, which has been extended and provides 8 recently upgraded guest bedrooms, being 4 double, 3 twin and 1 single, all with modern ensuite facilities. All guest rooms have flat screen digital televisions, tea & coffee making facilities, and their own colour scheme. Rooms 4 & 5 are configured to be let as a family suite and benefits from a modern bathroom with shower and bath.

An attractive reception area leads to a modern breakfast room currently laid to cater for 16 guests. A comprehensively equipped domestic/ commercial kitchen, laundry and store are all at ground floor level commercial accommodation.

Business Operation

Reasons for selling:

Moving off of the Island

Trading hours:

All year round

Employees:

None