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29 bedroom property for sale

USD $10,000,000

St Vincent and the Grenadines - Young Island - Saint Vincent, Young Island

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Call: 03339 395948

Full description:

Young Island
PRIVATE ISLAND RESORT
Saint Vincent

Young Island Resort is a privately owned luxury resort in the Grenadines.  Neighboring islands are Mustique & Bequia.

Young Island is located only 200 yards south of mainland St. Vincent

Strong geographical features & elevation

Large natural beach

Protected anchorage

Fabulous views from each side of the island

Rented as a Private Island for around 125,000USD per week

48 years Established Castaway Resort
This island, 12.6 acres of tropical hillside surrounded by a white sandy beach and Caribbean ocean. This superb property has been run successfully as a private island resort for 48 years and has an established reputation amongst a loyal clientele and strong repeat guest rate.

The owners of Young Island are selling 100 % of the hotel which is fully operational.

Young Island is the most northerly island in the Grenadine chain of
islands and is a privately owned, luxury of just under 13 acres A beautiful
private tropical island located 200 yards South of mainland St. Vincent.

With White Sand Beachfront
Elevated areas
Yacht Anchorage and set in calm watersWorld class sailing in the Grenadines on your doorstep
Long established Wedding and Honeymoon ad family holiday destination with many repeating visitorsThe island is 12.6 acres in size. Current Buildings occupy 2.5 acres allowing for ample space for further development.

There are 29 private guest cottages scattered around the island,
primarily upon gentle sloping hillsides overlooking the ocean.
29 Guest Cottages with:
all cottages enjoy sea viewsall cottages have open-air garden showerssome with
private plunge pools.. and all with sun decksAdditionally there is :
a spaa
har-tru tennis courta coconut bar in the sea2 dining areas; one
area reserved for more formal dining and the other under several
thatched gazebos used for casual dining.Benefits from mainland Saint Vincent facilities as the mainland is just 200 yards Offshore
Just a short launch ride away from the mainland  on3 to 4 mins in waters which are calm.

The spectacular island  location offers guests, privacy and seclusion in the private cottages amongst natural peace and quiet. Enjoy the best of both worlds whilst being relatively close to the capital, airport, shops, bars and restaurants.

MAINLAND FACILITIES :
Large waterfront land area on Satin Vincent Mainland with Private Dockage and parking , service buildings
The Island benefits from a large area of Waterfront on the mainland.
This area is included in the sale or lease. 

Mainland dock providing dockage for Launch & Dive BoatsMainland parking lot for around 25 vehicles
storage areastaff quartersWatersports Base - The area which currently
houses Dive shop Large storage
area which formerly housed the Young Island Dock Shop (Gift Shop). Easy connection to mainland  - Hotel Launch
Guests transfer from the mainland is easy and smooth via the hotel launch. The launch currently runs round the clock.

Water & Power

For Water supply and power supply to the property the arrangements are as follows:

The water supply for the property comes from the Central Water and Sewerage Authority via submarine pipe.
The power supply for the property comes from Vinlec (St. Vincent
Electricity Services Ltd.) via a submarine cable and there is a fully
operational generator on the property which is used during power outages
to ensure uninterrupted power supply.Lease  Hold - easily renewable

The property is a leasehold property owned by the Government of St.
Vincent and the Grenadines.
Current owners will extend the lease for the new buyers for the full 99 years.

There are 48 years remaining on the existing lease with an option to renew for 40 years.   Thus, 88 years are available under the present conditions - the owner has indicated that they will extend the lease for a full 99 year period.

A longer lease is also possible and would not be unreasonably withheld. Discussions to establish extension to the buyers satisfaction could be done prior to purchase so as to obtain the requisite commitments and comfort to proceed.

>The lease payment to the Government of St. Vincent and the Grenadines is a modest amount per year.

Loyal Team and Full Operational Resort
The new owners would take on a dedicated
team of staff if they wish with longstanding loyalty and local knowhow
and expert management team.

Staffing Overview
All of the existing staff and management want to remain at Young Island.  You will be purchasing a fully operational hotel and all are happy to continue their employment (if possible) under new ownership. The staff team is currently as follows :
Total staff complement is 65 members.Number of general staff 55Number of office staff 8High level management team 

Saint Vincents' Best Beach

The white sandy beach is considered the best on Saint
Vincent, where the majority of the beaches are dark, volcanic sand. The
combination of rich, glossy palms and crystal, clear ocean provide an
ideal location for the idyllic Caribbean getaway.

Surrounded by Glorious Sailing & Diving

Young Island is the first island of the Grenadine chain of islands which includes Mustique, Canouan, Palm Island and Petit St. Vincent all of which boast luxury resorts.

Young island benefits from the  idyllic climate and stunning natural environment of the Grenadines for a prefect destination for Both US & European guests :

Frequently rated as The Worlds best sailing

World Renowned Diving

Recognized World Wedding Destination

...In addition The Grenadines offer great Kite-Boarding, Golf and Snorkeling with a warm and vibrantly colorful Culture and low crime.

Island Geography integrates with Tourist Requirements

White Sandy Beachfront is very enticing and the island is an appealing destination for day visitors from the island.

The beachfront offers an ideal arrival point, perfect for guests who want to sail to the island.

The natural lush vegetation gives much privacy and shade to the guests making the island very comfortable and matching guests expectation of a tropical hideaway.

The Lush Tropical Landscape

is home to a divers species including some near extinct on the mainland.

The Eco aspects of the resort could be enhanced in a sensitive manner to attract Eco inspired tourist.

Beachbar

30m from the beach is a beach bar in the wonderful crystal clear shallow
waters of the island. This Beach Bar is part of the resorts history and
features in many a guest photograph.

Great Guest Reviews

& Excellent Reputation

- 50% Repeat Business
- Ranked #1 of 16 hotels in St. Vincent
- Fantastic Trip Advisor reviews:

"“Wow !!!!!!!!!!!!!!!!!!!!!!”"....

“Among the very best” ....

“Amazing place!”... etc

The present owners have spent time and investment to
build the business and establish a healthy turnover with 50% repeat
business primarily from the US and British markets.

John Lennon and Ringo Starr and their then wives had a private, low-key holiday on Young Island.

The resort consistently receives excellent reviews including a Fodor’s Choice designation. 

Related Marketing items included

We confirm the inclusion of related marketing items eg  - website,
domain name, branding, image gallery etc and marketing network all of
which should be handed over with the island to any new owners.

Brief History ...from Carib Chief to Hilton Group

Legend has it that 150 years ago the Carib Chief “Chatoyer” traded the island for a stallion owned by the then British Administrator, Governor Young, hence the origin of the island's name.

Young Island was eventually developed into a luxury resort some 48 years ago by John Houser of the Hilton Group.  

In 1979, ownership eventually moved to its current Vincentian owners, Sir Frederick Ballantyne and Mr. Vidal Browne.

The resort has been in the same ownership for thirty three years, and a new owner or partner is now being sought.

Prime Location for New Airport Influx

Please note there is a Newly planned international Airport on the Mainland of Saint Vincent. 
The
new airport under construction on Saint Vincent offers further
encouragement for the new owner/s to develop this islands' potential.

Planning -

It is anticip
ated that planning permission would be easily obtained for enhancement of the island.
The
new buyer would likely have the full Support of the Government as The
Government of St. Vincent & the Grenadines is keen on promoting
direct foreign investment, promoting the hospitality industry and
creating employment for Vincentians.  If a purchaser is going to do any
or all of these, he should certainly feel confident that he would have
the support of Government regarding planning permission.

Ideal for Investment & Development

Young Island, named after a Governor who
gifted a horse in exchange for the land, is ready for additional
investment and enhancement and offers a rare investment opportunity.

We highly recommend this property to you

We believe this to be one of the best
private island options in the Caribbean where you can add most value in
one of the last emerging areas.

- Please let us know if we can assist with further information

This pin shows the exact location of the property as provided by the Advertiser

Floorplan
To view this property or request more details, contact
Grenadine Islands Villas, The Grenadines Collection

The Waterfront

Bequia

Saint Vincent & The Grenadines

03339 395948  Local call rate
About Grenadine Islands Villas, The Grenadines Collection

VILLA & LAND SALES AGENTS

Specialising in Unique properties in The Grenadines for the individual purchaser and Development opportunities in this pristine and attractive emerging area for the investment groups.

Grenadine Island Villas has a sound and practical knowledge of the land and property market through the Grenadines and Caribbean region and has a reputation for delivering a professional international standard of service working for local and overseas purchasers and sellers alike.

With 16 years experience operating in the Caribbean we are the original Bequia Villa Rentals Co. with 16 years history.
We make it easier for you to find the right property for purchase and there are no fees for our service.

Grenadine Villas has two permanent offices in The Grenadines in Port Elizabeth and Belmont on Bequia the heart of the Grenadines.

A family owned company, we have a first class reputation within the islands. The team in The Grenadines offers comprehensive acquisition and marketing services for residential property and land in the islands, as well as offering a few select opportunities in the wider Caribbean including Saint Lucia, Saba and Bonaire.
With an English speaking team of 10, we offer an international perspective and practical on island assistance.

We offer the most comprehensive property service in The Grenadines with full listings and sales services for all the islands from Grenada To Saint Vincent :

THE GRENADINES
BEQUIA
MUSTIQUE
CANOUAN
MAYREAU
PALM ISLAND
UNION
PSV
CARRIACOU
GRENADA

Contact us for effective professional service.


Disclaimer

This is a property advertisement provided and maintained by Grenadine Islands Villas, The Grenadines Collection (reference 85193_297) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

This property is marketed by:

Grenadine Islands Villas, The Grenadines Collection

The Waterfront

Bequia

Saint Vincent & The Grenadines

or call 03339 395948
Calling from outside the UK? 0017844573888

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