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Culver Parade, SandownCommercial property for sale

£
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About this property

A great opportunity to purchase a seafront hotel in Sandown.

LOCATION
Situated on the seafront at Sandown, with its sandy beaches, close to the town centre and within easy reach of local transport links.

Sandown is a town to the East of the Island and boasts some of the sandiest beaches. There is a promenade that stretches from the bottom of Culver Downs to Shanklin Old Village.

The town of Sandown offers various shopping facilities including Sainsbury’s and Co-op and various boutique stores and eateries. With some recent and current inward investment and developments Sandown is undergoing a regeneration of sorts and provides a lovely location for tourists and locals alike.

DESCRIPTION
Offered for sale is a 40 bedroom hotel with direct sea views and spectacular views of Culver Downs.

The hotel has parking areas to the front and rear and is within easy walking distance to the town centre.

The hotel enjoys easy access from the parade.

All guest rooms are well appointed, en suite with showers and have colour TV’s and hospitality trays. In addition there is a public bathroom on each floor along with three separate ground floor WC’s.

There is a CCTV system within the building and multi zone fire alarm system with detectors and sounders.

The sale includes the business premises, fixtures and fittings. Previous financial information will be provided for bona fide applicants after a viewing of the premises subject to signing a non-disclosure agreement.

The accommodation is as follows:

Basement
Various store rooms, shower room & WC.

Ground floor
Entrance/reception area
Bar/lounge/dining areas
Ladies and Gents WC’s
Kitchen
Access to basement
Rooms 1 – 10 & 23

First Floor
Rooms 25 – 29 & 35 – 28

Second Floor
Rooms 11 – 22, 30 – 34 & 39 – 43

A full room list can be made available upon request.

There is a 2 bedroom first floor owner’s apartment accessed from Crescent Road to the rear.

The property also offers the potential for further 2 bedroom accommodation within the basement area.

Outside
The front of the property benefits from a parking area and patio with outdoor seating. The rear of the property also offers a parking area and access to Crescent Road.

SERVICES
The property benefits from gas, electric water and drainage.

TERMS
Price on Application. The property is held on leasehold titles, the shortest of which is 1000 years from 1865.

OUTGOINGS
The VOA shows a rateable value of £16,000. Using the current UBR rates payable would be circa £8200 pa.

VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.

Map

Brochure

Property Brochure

Culver Parade, Sandown

£

Full PDF brochure containing all the details of the property in Culver Parade, Sandown - £

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EPC

Branch

Commerical

The Estate Office, 138 High Street, Newport, Isle of Wight, PO30 1TY

01983 527727

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Opening hours

  • Monday07:30 - 17:30
  • Tuesday07:30 - 17:30
  • Wednesday07:30 - 17:30
  • Thursday07:30 - 17:30
  • Friday07:30 - 17:30

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