33 Bedroom Seafront Hotel For Sale

Business description

33 en-suite bedroom coaching hotel with 2/3 bedroom owner's accommodation

Located on Sandown Seafront, Outdoor Heated Pool, Terrace and Kiosk

70 seat dining room and 75 seat licensed lounge bar

Offers are invited "in the region of" £949,950 for the business premises, goodwill, fixtures and fittings, plus stock at valuation

Property information

Property:

Freehold

Living accommodation:

Separately accessed two bedroom owner's apartment is located to the rear of the main hotel and benefits from a lounge, kitchen and bathroom, plus a small private garden. Furthermore, a single garage and store provide additional storage.

Location:

Sandown is situated on the south eastern coast of the Isle of Wight, approximately 8 miles south east of the Island’s administrative centre and county town of Newport. Sandown, which is linked to the neighbouring town of Shanklin via the parish of Lake, is a favoured tourist resort on the Isle of Wight, drawing a high number of visitors year round. The town offers extensive sandy beaches and a wide variety of tourist attractions, sports facilities and coastal walks, catering for all ages and interests.

The Hotel has frontage onto Culver Parade, which is within close reach and a level walk to the main retail area and local attractions. Consequently, the hotel’s location is popular with guests both during the main holiday periods and out of season when the town remains relatively vibrant with its mix of bars, restaurants and attractions continuing to draw year round trade. The hotel’s seafront location provides views across Sandown Bay towards Culver Down and beyond towards the English Channel. Furthermore, tourists travelling to the Island without a car are able to travel by train from Ryde Pierhead stopping at Sandown's own railway station.

Premises details:

A detached former Victorian villa subtantially extended over the years and benefiting from an extensive programme of refurbishment undertaken by the current owners. Glazed double doors from the front terrace open onto the entrance hall with reception desk and offices. A well-appointed dining room catering up to 70 covers and separate guest lounge/ bar are located at the front of the building. The bar benefits rom a Premises Licence and is open to non-residents. Open until 1am Monday to Friday, 2am Saturday and 12 midnight on Sunday. An Entertainment Licence allows live music to be played on a nightly basis throughout the season.

Guest bedrooms are well appointed and furnished, with colour televisions, coffee and tea making facilities and en-suite facilities, 16 of which are on the ground floor and provide access for those with mobility difficulties. The hotel offers 7 guest rooms wth balconies and sea views.

Business Operation

Trading hours:

All Year Round (Closed January)

Years established:

9 Years