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Hotel for sale

Crossways Guest House

Guide Price £695,000

Property Description

Full description

Tenure: Freehold

LOCATION
Crossways is located close to the gates of Osborne House and has a car park accessed from the main highway leading from East Cowes with its ferry link to the mainland.

DESCRIPTION
Crossways was built in 1896 in the Arts and Crafts style and was originally commissioned for the neighbouring Osborne Naval College and is said to have housed the future Edward VIII and George VI during their time at the college.
Close to the gates of Osborne and situated onthe main highway from East Cowes, with its mainland ferry links, the guest house is ideally situated for those visiting and working at Osborne as well as those coming to the Island to work at GKN and the RNLI, attending weddings at nearby premises or tourists wishing for a base from which to visit the Island. Cowes week and the festival week end are particularly busy.

The guest house trades from 7 letting rooms and is open for most of the year, only being closed for Christmas and the owner's holidays. Bed, breakfast and evening meals are offered and the owners have previously run a restaurant from the premises. The current owners have successfully traded the business for the last 12 years and are now looking to retire. Trading at just below the VAT threshold figures will be available to bona fide applicants after viewing.

ACCOMMODATION
Entrance from the front of the building to hallway with woodblock flooring and stairs to the first floor. Dining room with 24 covers and feature fireplace, windows overlooking garden. Lounge/ bar with range of soft seating, wood fronted bar, fireplace and bay window. Downstairs WC. Kitchen area consisting of butlers pantry used as a dry store and for tea and coffee making, scullery with dish washer, kitchen with gas Aga, range cooker and various commercial catering equipment (a full inventory will be provided) and pot scullery with washing up area and housing the gas boiler which provides central heating. Door to the outside terrace, store and drying room.

Accommodation within the main house consists of three letting rooms:
Room 2 with 4 poster bed, en suite with shower
Room 3 twin/ double, en suite with shower
Room 4 with a 4 poster bed, en suite with bath with shower over

There are four further ground floor letting rooms located in the lodge next to the main house:
Room 1 double, en suite with shower
Room 2 double/ twin, en suite with bath with shower over
Room 3 double/ twin, en suite with bath with shower over
Room 4 double/ twin, en suite with bath with shower over
Outside these rooms is a decked area with seating.

Owners Accommodation
Two bedrooms, separate WC and bathroom with bath with shower over on the first floor of the main house and office/ lounge on the ground floor.

Outside
Parking Accessed from York Avenue. Terrace with seating for the use of guests. Two ponds housing Koi carp, dovecote, garage and garden shed. Lawned gardens with raised vegetable beds, decorative border.

to the south side of the house are covered verandas.


OUTGOINGS
UBR £5,800 2014/15 48.2p without small business relief

LEGAL COSTS
Each party to be responsible for their own legal costs.


More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Ryde Pier Head (5.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

01983 646067 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

01983 646067 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Ryde Pier Head (5.1 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hose Rhodes Dickson, Newport

138 High Street, Newport, PO30 1TY

01983 646067 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 101276017891. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Hose Rhodes Dickson, Newport. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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