Culver Parade, Sandown, PO36 8AS

Guest House / Hotel for sale

Price on Application


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 and has the advantage of having a lift providing easy access for customers with motility issues.



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.

Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.

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Here to Help

Mark Rhodes

Director

Lisa Mercer

Manager

Rhys King

Surveyor

Janet Morter

Negotiator

Laurie Calloway

Property Consultant

Edwina Grist

Administration

Tel: 01983 527727 Email Us: commercial@hrdiw.co.uk