8 BED GUEST HOUSE WITH 2 BED OWNER'S SUITE
Price:
Freehold - £450,000
Location:
Isle of Wight , Melville Street, Sandown
A detached, two storey Victorian property, Cavendish Court Hotel is a most attractive hotel and has been extensively refurbished by the current owners offering 8 en-suite guest rooms comprising 6 double, 1 family and 1 single all with modern en-suite facilities. The accommodation normally caters for around 16 guests comfortably, however, historically, school parties of up to 20 children, plus 3 adults have been catered for. Breakfast is served in an attractively decorated dining room laid out for up to 16 covers and an adjoining lounge provides a quiet area for guests to relax. The hotel is decorated, equipped and presented to a high standard and benefits from a guest parking area, reception and a separate guest bathroom on the ground floor.
A large handstanding to the front of the hotel provides ample space for guests' vehicles.
REFURBISHMENT
The current owners have undertaken an extensive programme of refurbishment to attain the current high standard of the hotel which leaves purchasers with little or no requirement for any obvious essential investment.
AWARDS
Cavendish Court Hotel has been awarded a 5 Star Hygiene Rating, reflecting the high quality of service provided.
THE BUSINESS
Previously trading all year round on a bed & breakfast basis, Cavendish Court Hotel has been operating in a different style. The current owners are the Directors of Two Counties Community Care Limited (www.twocounties.co.uk) and Cavendish Court Hotel was acquired to offer carers respite and trainees a place to stay whilst completing training courses. The current owners have advised that they would be willing to enter into a contract whereby all carers and trainees of Two Counties would be sent to Cavendish Court Hotel^d thus giving opportunies for year round trade.
INVENTORY
A detailed inventory will be available to bona fide applicants after inspection.
TERMS
For sale with offers invited 'in the region of' £450,000 to include business premises, fixtures & fittings, subject to contract.
UNIFORM BUSINESS RATE
Rateable Value - £3,600
2011/2012) – 43.3p without small business relief. Small business relief may be available on the property but interested parties should make their own enquiries of the Isle of Wight Council with regard to eligibility and rates that apply. It should also be noted that the rate liability may be affected by the Government's transitional arrangements. Interested parties should make their own enquiries to confirm any rate liability.
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 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.
Cavendish Court Hotel occupies a visible position along a part tree-lined road amongst a mixture of attractive residential and hotel properties in close proximity both the town's High Street and Esplanade, with its mixture of retail outlets, cafes, bars and restaurants. A rail link connects with the town of Ryde in the north of the Island with its high speed cross-Solent passenger links to Portsmouth and beyond, attracting additional visitors to those travelling by car.
Cavendish Court Hotel boasts a modern owner's suite providing 2 bedrooms, family bathroom, lounge, small but modern domestic kitchen and conservatory. There is a fully enclosed private garden with lawn, 2 garden sheds and children's play house.
|
|
Business Services that may be of Interest:
|
|
|