LOCATION
St Maur is located in Castle Road, which is within walking distance of Ventnor town centre and its sandy beaches and sits directly above the well-presented Ventnor Park. The guest house is also well placed to service the Ventnor Botanic Gardens, St Lawrence and the many walks that this part of the Island has to offer. Ventnor has many specialist retailers, restaurants, the Co-Op, and Hursts. Ventnor benefits from being on the south facing slope of St Boniface Down and is almost totally sheltered from the north.
The town has seen considerable recent investment in particular with a Tesco Express opening in the High Street and the creation of a small harbour on the picturesque Esplanade. The immediate population of around 6,000 residents is substantially boosted by the many visitors and locals alike wishing to enjoy the arts and fine dining culture which the town has become renowned for.
DESCRIPTION
The Victorian villa of St Maur was completed in 1876 and originally built as a substantial family home. The guest house has been run by the same family now since 1966, who have brought the building up to a very good standard and with stunning gardens to the front, being awarded ‘Wight in Bloom’ commercial garden in 2023.
The guest house runs to 8 well-presented bedrooms supported by a dining room and residents lounge all of which with many well-presented period features. The deluxe room offers substantial walk-in shower and roll-top bath. The guest house benefits from sea views across the English Channel.
The guest house was awarded a silver 4-star guest accommodation in 2024.
The guest accommodation is supported by substantial owners’ accommodation which has had a very positive pre-planning feedback to convert and separate from the main guest house if required. The guest house also benefits from some off-street parking.
The business, as already mentioned, has been run by the same family since 1966 with much repeat business. The accounts show consistent turnover with of course the exception of the covid year and is very profitable. Accounts are available to verify the applicants after viewing.
TERMS
Offers are invited in the region of £785,000 for the freehold interest
OUTGOINGS
Rateable Value: £7,800
2025/2026: 55.5p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on 01983 821000
VIEWING
Strictly by appointment with the agents. Call Lisa Mercer or Charlie Dickson on 01983 527727 or email commercial@hrdiw.co.uk
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