IMPRESSIVE 4 AA STAR HOTEL FOR SALE
Price:
Freehold - £549,950
Location:
Isle of Wight , SANDOWN
Believed to have been built in 1865, The Lawns is a most attractive hotel currently offering 13 recently upgraded letting rooms being 3 family, 7 double, 1 single and 2 superior double bedrooms all with modern en-suite facilities. All guest rooms have flat screen digital televisions, tea and coffee making facilities and a hairdryer. The superior rooms are furnished with queen size beds, and high quality bathroom accessories including luxury bath robes and toiletries. One superior room benefits from a stand alone roll top bath and separate shower cubicle, with another offering a modern shower room.
Public areas include a recently refurbished spacious bar/lounge of some 7.5 x 5.5m where the guests can relax in comfort and make use of the bar. This area benefits from high ceilings and ornate coving and part carpet, in the lounge area, and laminate flooring in the bar. There is also a working fireplace with tiled hearth and surround, and down lighters and chandeliers adding elegance and mood lighting.
An adjacent dining room is a versatile shape currently laid to cater for some 30 covers and benefits from high ceilings, coving and laminate flooring, with views out over the mature gardens.
A large, well fitted and maintained commercial kitchen, separate prep room and walk-in larder complete the ground floor commercial accommodation.
The hotel has been the subject of much refurbishment during the time in which the current occupiers have traded the hotel, with substantial sums of money having been spent on both internal and external decoration and trade fixtures and fittings.
OUTSIDE
A large gravel car park enclosed by low walls and timber fencing to the front of the property provides ample space for guests' vehicles even when operating at full capacity.
REFURBISHMENT
The current owners have undertaken an extensive programme of refurbishment to attain the current high standard of the hotel which leaves potential purchasers with little or no requirement for essential investment.
AWARDS
The Lawns has been awarded an AA Highly Commended 4 Yellow Stars award, reflecting the quality of the accommodation and level of service provided. Accounts demonstrate healthy profits avilable to the right operators and are available to bona fide applicants upon request after inspection.
TERMS
Available for sale with offers 'in excess of' £549,950 freehold, fixtures, fittings and goodwill, plus stock at valuation.
UNIFORM BUSINESS RATE
Rateable Value - £7,700
(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.
VIEWING
Strictly by appointment with sole agents Gully Howard Chartered Surveyors on 01983 822555, contact Corina Sewell or Grant Higgs.
Under no circumstances should any direct approach be made as staff will be unable to assist you.
The Lawns is a most imposing and prominently sited building on the corner of Broadway and Carter Road, Sandown, Broadway being the main arterial road linking Ryde and the Island's holiday resorts of Sandown and Shanklin. The Lawns is highly visible to passing trade, set amongst other hotels and guest houses, in what is considered an excellent location due to its proximity to local amenities.
Sandown is a highly popular seaside resort drawing a large number of tourists all year round. The town forms part of the Sandown-Shanklin-Lake conurbation and benefits from a rail link to Ryde Pier Head, encouraging further short stay visitors in addition to those travelling by car. In addition to the long sandy beaches and variety of tourist attractions, Sandown is host to a number of restaurants and public houses providing a good choice of food and entertainment for the visitors to the area.
The Lawns Hotel boasts a luxury, separately accessed, owner's suite providing 3 bedrooms, 1 en suite master bedroom, family shower room, spacious lounge/ diner and lovely fitted kitchen with 5 burner Falcon Stove. There is also a fully enclosed private garden with lawn, green house, timber stores and patio area.
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Business Services that may be of Interest:
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