Hotel for saleBedford Lodge, 4 Chine Avenue
Withdrawn from Market £640,000
Nestled in the heart of the Old Village with a lovely outlook over Tower Gardens, Shanklin Chine and the town with its amenities is nearby as are the beaches with esplanade walks to Sandown and beyond.
The property is set in its own south facing gardens with mature trees and sun terrace with views towards Ventnor Downs.
Bedford Lodge was constructed in approximately 1840's and became a lodging house in the 1890's giving a long holiday history.
The property offers 13 bedroom accommodation, beautiful sunny gardens and private parking for 8-9 cars.
Dining/Breakfast Room, Entrance Lobby and Guest Lounge with sun room
Fully equipped commercial kitchen with storeroom
Office with bay window and views over the gardens
Room 1: Ground Floor Double room with En Suite shower. views over gardens and park.
Room 2: 1st Floor Double room with En Suite bath with shower over. Views over garden and park.
Room 3: 1st Floor King Size room with En Suite bath with shower over. Views over garden and park.
Room 4: 1st Floor Double room with En Suite shower. Views over garden and park.
Room 6: 1st Floor Double room with En Suite shower. Views over side garden.
Room 7: 1st Floor Premier King Size room with En Suite shower. Views over village and downs.
Room 8: 2nd Floor Double room with En Suite bath with shower over. Views over garden and park.
Room 9: 2nd Floor Double room with En Suite shower. Rear Views.
Room 10: 2nd Floor Premier King Size room with En Suite shower. Views over village and downs.
Room 11: 2nd Floor Premier Four Poster room with En Suite shower. Views over village and downs.
Room 14: Ground Floor Super King or Twin room with En Suite bath with shower over. Views over garden and park.
Room 15: 2nd Floor Super King or Twin room with En Suite bath with shower over. Views over garden and park.
Room 16: 2nd Floor Super King or Twin room with En Suite shower. Rear views.
Accessed from either the car park or first floor internally the owners accommodation offers a living room, double bedroom, bathroom and kitchen with a separately accessed private garden.
The gardens of The Bedford Lodge are well stocked and mature with sloping south facing lawns, a traditional and well maintained English Country Garden.
There is a sun terrace with lovely views towards the downs, a good sized shed and bike store. There are entrances to the property from Chine Avenue, Eastcliffe Road and also a handy gate through to the Old Village car park.
The Bedford Lodge trades 6-7 months of the year and has good trading figures over this time, accounts can be shown to bona fide applicants and once a viewing has been undertaken. Previous owners of the Lodge have been known to run a restaurant from the property and all equipment for doing this is still in situ.
Our client is asking for £640,000 for this property freehold, fixture, fittings, goodwill + stock at valuation.
The VOA website shows a rateable value of £8,750, using the current Uniform Business Rates multiplier the rates payable would be approximately £4,200 per annum. This does not include any applicable small business rates relief.
All viewings to be arranged via HRD Commercial. Please contact 01983 527727 or email email@example.com to book a suitable time.
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