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Commercial Property for sale

Castletown, Portland, Dorset

Sold STC £500,000

Property Description

Full description

A fantastic opportunity to acquire a substantial hotel in the Castletown conservation area close to the new Portland Marina and National Sailing Academy. Potential for conversion of upper floors to a number of apartments with a bar/bistro downstairs, subject to permissions. Current EPC rating C.

Dining/Function Room: - 8.63m x 5.49m (28'4" x 18'0") - Narrowing to 3.78m.

Bar Area: - 14.52m x 6.26m (47'8" x 20'6") - Including vestibule.

Dining Area: - 4.83m x 4.75m (15'10" x 15'7") -

Kitchen: - 4.70m x 4.70m (15'5" x 15'5") - Irregular shape.

Outside: - There is a rear courtyard enclosed by walls with potential as an outside seating area.

First And Second Floors: - The first and second floors offer flexible accommodation, currently arranged as thirteen bedrooms and a two bedroom owners' apartment.

Potential Development: - Potential for conversion of upper floors to a number of apartments with a bar/bistro downstairs, subject to permissions. Potential alternative uses are subject to the relevant planning permissions being granted. The property is situated within the Castletown conservation area. VAT may be payable on the purchase of a commercial property.

Purchase Price: - In addition to the agreed purchase price there will be a further sum payable for fixtures and fittings and stock at valuation.

IMPORTANT NOTE:

The purchase of the property is subject to VAT at the rate applicable at time of purchase.

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More information from this agent

Energy Performance Certificates (EPCs)

Nearest station

  • Weymouth (3.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Red House Estate Agents, Portland

89-91 Fortuneswell, Portland, Dorset, DT5 1LY

01305 824455 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

  • Weymouth (3.4 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Red House Estate Agents, Portland

89-91 Fortuneswell, Portland, Dorset, DT5 1LY

01305 824455 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 112E_112. 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 Red House Estate Agents, Portland. 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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