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Lyndhurst House, Royal Crescent, SandownCommercial property for sale

£625,000
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About this property

Beautifully presented 10 bedroom guest house situated in Sandown and close to the town centre and local transport links. Sandown is a popular tourist destination with its extensive seafront and famous sandy beaches. Bed and breakfast is offered while there is also a two bedroom apartment which is rented out on a self catering basis.

LOCATION
Beautifully presented 10 bedroom guest house situated in Sandown and close to the town centre and local transport links including the railway station. Sandown is a popular tourist destination with its extensive seafront and famous sandy beaches and offers a wide range of cafes and restaurants. The seafront is within walking distance. Bed and breakfast is offered while there is also a two bedroom apartment which is rented out on a self catering basis.

DESCRIPTION
Lnydhurst House is a late Victorian Villa retaining a number of original features but with contemporary décor. There are 10 letting rooms plus a two bedroom apartment. Bed and breakfast is offered from the letting rooms while the apartment is available for those wanting a self catering holiday.

Entrance Lobby from the front of the property. There are 7 parking spaces available.

Hallway with stairs to the upper floor. Doors to:

Guest lounge with range of seating and feature fireplace.

Dining room with range of tables and feature fireplace.

Kitchen with range of units and owner’s dining area.

Ground floor rooms:
Room 8 treble en suite with shower
Room 9 double en suite with shower
Room 10 twin en suite with shower

There is a further ground floor en suite room used by the owner.

Internal entrance to apartment.

Stairs up to half landing:
Room 1 double en suite with shower
Bathroom with bath

First floor rooms:
Room 2 double en suite with shower. Feature fire place.
Room 3 double plus 2 single beds. En suite with shower. Feature fire place. Sea glimpses and view of Culver Down.
Room 4 treble. En suite with shower. Feature fire place. Sea glimpse and view of Culver Down.
Room 5 single with view of Culver Down. Hand basin. This room has exclusive use of the separate bathroom.

The Business

The current owners trade the business, catering for private guests only on a bed and breakfast basis, between March and September/October, although this year (2022) between May and September. The two bedroom apartment is let to tourists during the summer months on a self catering basis.
The turnover for the business is just under the VAT threshold.

The property is well maintained and offers a business ready to trade to new owners. Currently one ground floor bedroom is occupied by the owner but the two bedroom apartment could offer more extensive accommodation for new owners if required.

TERMS
Our client is asking £625,000 for this freehold property to include FF+GW.

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

Map

Brochure

Property Brochure

Lyndhurst House, Royal Crescent, Sandown

£625,000

Full PDF brochure containing all the details of the property in Lyndhurst House, Royal Crescent, Sandown - £625,000

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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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