Price:
Freehold - £695,000
Location:
Isle of Wight , Sandown
Occupying an enviable position towards the top end of Beachfield Road , close to the town centre and within easy reach of the seafront and local transport links, is the Altavia Hotel.
Originally built as a substantial private house the Altavia was converted to a hotel with an extension to the side providing further bedroom accommodation being added some 35 years ago.
Altavia Hotel, Beachfield Road, Sandown, Isle Of Wight, PO36 8NA (Continued...)
Guest Bedrooms
There are 30 guest hotel bedrooms all of which are en suite and have televisions and hospitality trays.
The Altavia Hotel faces towards the south at the rear and many of the rooms enjoy sea views across the English Channel.
Nearby facilities include sandy beaches and the Heights Leisure Centre. Just slightly further away are the railway stations of both Sandown and Lake.
Public Rooms
The public rooms include a lounge, dining room with ample seating and bar. The bar has direct access to the gardens.
A feature staircase retaining some original features leads to the guest rooms on the first floor of the main building.
Kitchen
The kitchen has a range of commercial equipment, a full inventory of which will be available.
Owner’s Accommodation
This is located to the side pf the property and consists of a private sitting room, a bedroom and a bathroom.
Heating
A gas fired boiler supplies hot water and central heating to the principle parts of the main accommodation while the extension to the side is warmed by independently controlled electric heaters.
Outside
To the front of the property is a car park while to the rear there is a garden mainly laid to lawn with surrounding hedge.
Business
At present the Altavia trades mainly seasonally. There is a core of school business which supplemented both by private guests and coach trade. The hotel also opens for Chrisrtmas and New Year.
Notes
There are restrictive covenants on the land to the rear of (but not belonging to) the Altavia Hotel which prevents the land from being used as anything other than gardens the only building allowed on the land being that of a greenhouse. Should there be a proposed development of the adjacent land then there is the prospect of a payment being made to the owner’s of the Altavia.
The owner’s of an adjoining hotel have applied for consent for the demolition of two buildings and the construction of 46 flats with associated parking. This application has yet to be determined.
The owner of the Altavia would be willing to co operate with a potential purchaser to obtain Outline Planning for the site.
VIEWING BY APPOINTMENT PLEASE with Shanklin office, telephone: (01983) 866000
E-MAIL ADDRESS
commercial@hrdiw.co.uk
WEB SITE ADDRESS
http://www.hose-rhodes-dickson.co.uk
PRICE: £695,000
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