Bed & Breakfasts for sale in Ryde

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12 Bedroom Seafront Bed and Breakfast

Ryde, Isle of Wight, England

  • Freehold Price: £499,999
Seller Reference: COM567
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Business Description
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Seller Reference: COM567
Request Details
Business Description
Located on the seafront at Ryde and looking out over the Solent Seahaven House offers bed and breakfast accommodation from its 12 en suite bedrooms which consist of 5 doubles, 2 twins, 2 family and 3 single rooms, six of which are sea facing. The accommodation is arranged over the three floors of this Victorian property.

Seahaven House is close to the pier from which the fastcat service to Portsmouth sails while trains run to Sandown and Shankin from Ryde Esplanade station located at the foot of the pier. The town centre with its wide range of shops is a short walk away.

Trading just below the VAT threshold over eight months of the year the business offers great scope for new owners to increase the turnover by trading all year and opening or letting the breakfast room as a tea room or café.

The current owners have considerably upgraded the property with the hallway, breakfast room and guest lounge having stripped wood floors and the breakfast room has an impressive feature fireplace. The bedrooms have been recently redecorated and the en suites upgraded.

Fully equipped kitchen leading to owner’s accommodation with en suite bedroom and changing area, private lounge and courtyard. There is the possibility of purchasing the adjoining three bedroom property (under different ownership than Seahaven House) to provide further accommodation. In the past these two properties were connected and this connection could easily be re-established .

All the rooms are equipped with TV’s and hospitality trays and the accommodation benefits from gas fired central heating. All the televisions have Freeview and there is protected Wi Fi in all bedrooms/ guest areas.

Seahaven House represents a fantastic opportunity for new owners to take over an up and running successful business with the potential to expand not only by means of extending the trading period but also by exploiting the location with the addition of a tearoom, café, sandwich shop or even restaurant.

Sale to include freehold, fixtures, fittings and goodwill.
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