Licensed Leisure Wellington Hotel - Property Search - Savills
Licensed Leisure Wellington Hotel Belgrave Road, Ventnor, Isle of Wight PO38 1JH Freehold - Guide Price OIEO £1 million
■■ Panoramic sea views ■■ Prominent position in renowned seaside town ■■ 28 stylish bedrooms ■■ Freehold ■■ Extensive terrace providing al fresco dining
savills.co.uk
Introduction The Wellington Hotel is situated on a prominent pitch in Ventnor, a town on the south coast of the Isle of Wight. This recently refurbished hotel boasts 28 attractive bedrooms with views across the English Channel as well as an open plan lounge with an open fire. Its extensive terrace benefits from a prominent position allowing panoramic sea views. The local area benefits from a small port and a reputation for locally sourced produce. It benefits from having the status, along with Yarmouth and Cowes, of a premier location on the Island. Its microclimate and exclusive nature give it an advantage over traditional nearby resorts such as Shanklin and Sandown.
Location The hotel is located in Ventnor in the Isle of Wight. Ventnor is situated in the south eastern quarter of the island, on the coast. The main source of access to the town is the A3055. However, access via car ferry ports and catamaran is also available.
The Property The Wellington Hotel is formed of two interconnecting townhouses with the north elevation fronting onto Belgrave Road. Many of the rooms benefit from balconies with sea views, with two north facing rooms enjoying island views. The property’s modern refurbishment provides an array of facilities including an extensive al fresco dining area.
The Business The hotel is open all year, catering for families enjoying long weekends and week long holidays. It is operated under management. The turnover for year ending 30 March 2015 was circa £310,000 net of VAT. More extensive financial information will be made available with genuine interest, subject to a formal inspection.
Accommodation ■■ 28 letting bedrooms ■■ 26 bedrooms with full sea views ■■ 13 benefit from balconies ■■ 2 rooms with island views
Facilities Fully equipped kitchen and bar. Restaurant with up to 150 covers. Reception.
External 60 cover terrace with sea views providing dinner and breakfast. Parking for circa 8 cars at the front of hotel.
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100024244 Savills (UK) Limited.
Tariff Double for single occupancy from £80 Double or twin for two people from £100 Triple twin or double plus extra from £120
Tenure Freehold.
Inventory & Stock Fixtures, fittings and equipment are included in the sale with general stock at valuation on completion.
Rating The property is Listed in the 2010 Rating List with a rateable value of £26,000. The National Multiplier in England and Wales for 2015/2016 is 0.493.
Services The property is served by mains water, gas and electricity. Wi-Fi is provided throughout.
Energy Performance Certificate The hotel has been awarded a C67 EPC rating.
Price OIEO £1 million.
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100024244 Savills (UK) Limited.
Important Notice Savills, their clients and any joint agents give notice that: 1. They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
Savills (UK) Limited 2 Charlotte Place Southampton, SO14 0TB [email protected] +44 (0) 2380 713 900
savills.co.uk
Adam Bullas +44 (0) 2380 713 957 [email protected]
Kevin Marsh +44 (0) 2380 713 969 [email protected]
■■ Panoramic sea views ■■ Prominent position in renowned seaside town ■■ 28 stylish bedrooms ■■ Freehold ■■ Extensive terrace providing al fresco dining
savills.co.uk
Introduction The Wellington Hotel is situated on a prominent pitch in Ventnor, a town on the south coast of the Isle of Wight. This recently refurbished hotel boasts 28 attractive bedrooms with views across the English Channel as well as an open plan lounge with an open fire. Its extensive terrace benefits from a prominent position allowing panoramic sea views. The local area benefits from a small port and a reputation for locally sourced produce. It benefits from having the status, along with Yarmouth and Cowes, of a premier location on the Island. Its microclimate and exclusive nature give it an advantage over traditional nearby resorts such as Shanklin and Sandown.
Location The hotel is located in Ventnor in the Isle of Wight. Ventnor is situated in the south eastern quarter of the island, on the coast. The main source of access to the town is the A3055. However, access via car ferry ports and catamaran is also available.
The Property The Wellington Hotel is formed of two interconnecting townhouses with the north elevation fronting onto Belgrave Road. Many of the rooms benefit from balconies with sea views, with two north facing rooms enjoying island views. The property’s modern refurbishment provides an array of facilities including an extensive al fresco dining area.
The Business The hotel is open all year, catering for families enjoying long weekends and week long holidays. It is operated under management. The turnover for year ending 30 March 2015 was circa £310,000 net of VAT. More extensive financial information will be made available with genuine interest, subject to a formal inspection.
Accommodation ■■ 28 letting bedrooms ■■ 26 bedrooms with full sea views ■■ 13 benefit from balconies ■■ 2 rooms with island views
Facilities Fully equipped kitchen and bar. Restaurant with up to 150 covers. Reception.
External 60 cover terrace with sea views providing dinner and breakfast. Parking for circa 8 cars at the front of hotel.
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100024244 Savills (UK) Limited.
Tariff Double for single occupancy from £80 Double or twin for two people from £100 Triple twin or double plus extra from £120
Tenure Freehold.
Inventory & Stock Fixtures, fittings and equipment are included in the sale with general stock at valuation on completion.
Rating The property is Listed in the 2010 Rating List with a rateable value of £26,000. The National Multiplier in England and Wales for 2015/2016 is 0.493.
Services The property is served by mains water, gas and electricity. Wi-Fi is provided throughout.
Energy Performance Certificate The hotel has been awarded a C67 EPC rating.
Price OIEO £1 million.
NOTE - Published for the purposes of identification only and although believed to be correct its accuracy is not guaranteed. Reproduced from the Ordnance Survey Map with the permission of the Controller of H.M. Stationery Office © Crown copyright licence number 100024244 Savills (UK) Limited.
Important Notice Savills, their clients and any joint agents give notice that: 1. They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Savills have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.
Savills (UK) Limited 2 Charlotte Place Southampton, SO14 0TB [email protected] +44 (0) 2380 713 900
savills.co.uk
Adam Bullas +44 (0) 2380 713 957 [email protected]
Kevin Marsh +44 (0) 2380 713 969 [email protected]
