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9 Letting Room Hotel

Price:
Freehold - £950,000
Seller Ref:
COM483
Location:

Isle of Wight , Ventnor

Business Type:

Hotels

See Other:
Hotels and motels for sale in Isle of Wight
Bed & breakfasts for sale in Isle of Wight
Guest houses for sale in Isle of Wight
Hotels for sale in Isle of Wight
Description:
THE BUSINESS:
Nestling in a sheltered spot in Ventnor looking out towards the sea is St Maur with its nine en suite bedrooms in a converted Victorian villa originally built in 1876.

St Maur has been in the same family since 1966 and has been run by two successive generations. The current proprietors, who took over the business in 1989, are now looking to retire so this well run business in a beautiful setting is being offered for sale



The current owners have considerably upgraded the accommodation over the years reducing the total number of bedrooms in favour of providing good sized en suites. There are very generously sized public rooms and beautiful gardens for the guests to enjoy. A number of the rooms have balconies enjoying the lovely sunny aspect.

Currently the proprietor acts as the chef and the majority of guests book for dinner, bed and breakfast with produce from St Maur’s kitchen garden being featured on the menu. There is a high level of repeat visitors and the hotel enjoys excellent occupancy levels over the eleven months of the year that it trades.

THE PREMISES

Entrance hallway with feature tiled floor. Stairs up to letting rooms.
Doors to:
Bar with range of soft seating and tables. Bay window with French doors to front gardens. Views over Ventnor towards the sea. This is run as an honesty bar for the convenience of the guests.
Lounge with feature fire place, easy chairs and tables. Bay window with French doors to gardens. Double doors to:
Dining Room with 18 covers. Door to:
Kitchen. Good size with range of commercial catering equipment (a full inventory will be provided). The kitchen currently has a five star hygiene certificate. Separate room housing fridges and freezers.
Reception with computerised booking system. WC.

Radio controlled fire alarm system

First Floor
Room 15 Double with private balcony. Sea views. Wet room with shower, bath, WC, wash hand basin and bidet.

Room 14 Double en suite with private balcony with sea views

Room 11 Double/ twin. En suite with bath with shower over. Garden views.

Storage room and cupboards.

Room 1 Double/ twin. En suite with bath with shower over. Shared balcony.

Room 2 Double/ twin. Shared balcony. Sea views.

Room 3 Double en suite with bath with shower over. Sea glimpses.

Room 5 Double/ twin. En suite with twin sinks, bath, wash hand basin WC and bidet. Shared balcony. Sea views.

Second Floor
Room 7 Double/ twin. En suite with bath, shower, wash hand basin and WC. Juliet balcony. Sea views.

Room 8 Double/ twin. En suite with bath, shower, wash hand basin and WC. Juliet balcony. Sea views.

The majority of the rooms have ‘zip & link’ beds allowing them to be set up as double or twin rooms as required.

Private Accommodation
This can be accessed from the first floor of the hotel or by it’s own private entrance to the rear of the building. Ground floor with single bedroom/ office, double bedroom and bathroom with bath with shower over, wash hand basin and WC. First floor kitchen with range of fitted wall and floor cupboards and sea views and lounge with patio doors to balcony, sea views.

Outside
To the front of the property is a car park with space for up to 8 cars and steps up to the entrance. Attractive gardens for the enjoyment of the guests. To the rear is an area of kitchen garden supplying produce used in the kitchens.


THE BUSINESS

St Maur operates over 11 months of the year during which time it enjoys high levels of occupancy. The current proprietors have built up a good level of repeat visitors over the years with many guests returning year on year and some making several visits a year. This leads to an excellent turnover and good net profit (accounts will be made available to bona fide applicants).

The majority of guests book for dinner, bed and breakfast and ferry inclusive packages are offered. However it would be possible to adjust the business to offer bed and breakfast only breaks if so required by incoming owners.

St Maur offers high quality breaks and is close to the centre of Ventnor, a vibrant sea side town with thriving trendy sea front. Ventnor has recently been considered as one of the top places in the country to visit and enjoys a wide range of visitors throughout the year.

UBR £8,250 multiplyer 2011/12 43.3 p in the pound. With small business relief £1317.77 actually paid.

Council Tax Band A (Owner’s accommodation)
Accommodation:
2 bedroom owner'a accommodation with lounge, kitchen and bathroom
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