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Hotel for sale

Ventnor Towers Hotel

£1,500,000

Property Description

Full description

Tenure: Freehold

LOCATION
The Ventnor Towers Hotel is an elegant Victorian property situated
on the edge of Ventnor town centre.Hailed as the sunniest spot on the Island, Ventnor is famed for its
warm microclimate and is gaining a reputation for being one of the
best places to dine and to stay on the Island. Offering a range of
superb restaurants and a wealth of individual and boutique shops it
remains an attractive location for visiting tourists and locals alike.
Miles of coastal walks are available close by, as is the Esplanade, the
small Ventnor harbour and beaches at Ventnor and Bonchurch.

DESCRIPTION
The hotel enjoys extremely high ratings on comparison travel
websites. Open all year, the hotel caters for all types of short breaks
and holidays and also offers weddings on site. Speciality walking
breaks and conferences are also catered for.
The accommodation currently comprises 30 bedrooms plus
restaurant, bar, residents´ lounge and breakfast room. The restaurant
caters for approximately 100 covers and the hotel´s maximum
overnight capacity is 74 persons.
The property is approached by a short driveway from Madeira
Road to the front entrance, with parking at the entrance level and
an upper car park adjacent Madeira Road (and a short footpath to
the hotel).
There are extensive landscaped terraced gardens featuring a range
of established planting and wooded areas and panoramic views over
the English Channel
The property benefits from an outdoor heated swimming pool, 9
hole pitch and putt course and tennis court. The Helipad is in
regular use.

The current owners have enjoyed six happy years at the Ventnor
Towers and are looking to retire. The property is being sold with the
benefit of fixtures, fittings, stock at valuation and goodwill. Accounts
will be made available to bona fide parties following a viewing.
Please visit our client´s website www.ventnortowers.co.uk for
further details.

ACCOMMODATION
The internal floorspace extends to
c.11,260 sq ft (1,046 sq m), and is arranged as follows:
Ground Floor
Reception area, administration office, very comfortable residents´
lounge with working fireplace, stairs to lower ground, upper floors.
Separate male and female washroom/ WC facilities.
2 x Split level family sized rooms
2 x Twin bedded rooms
3 x Double rooms
Lower Ground Floor
Public lounge bar with separate access to the gardens. Breakfast
room/restaurant/function room. Fully equipped commercial kitchen
with utility/ laundry room. Games room with full size snooker table,
darts and table tennis, etc. Beer cellar/ bottle store with separate
delivery access.
1 x Twin bedded room
1 x Twin/large double room with patio door access to the garden
1 x Double room with patio door access to the garden
First Floor
2 x Single rooms
11 x Double/twin rooms
1 x Triple room
Second Floor
5 x Large family rooms
1 x Single room
All guest rooms benefit from fully fitted private en suite facilities
with shower or bath and shower, television and direct dial telephone.

SERVICES
Mains electricity, gas, water and drainage are all connected.

OUTGOINGS
Rateable Value 2012-2013: £30,000 pa. Rates Payable £13,740 pa.

LEGAL COSTS
Each party will be responsible for its own legal and other costs
incurred in any transaction.

VIEWING
Via Vendors


Energy Performance Certificates (EPCs)

Nearest stations

  • Shanklin (2.6 mi)
  • Lake (3.6 mi)
  • Sandown (4.8 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.

Map & Street View

Nearest stations

  • Shanklin (2.6 mi)
  • Lake (3.6 mi)
  • Sandown (4.8 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 101276017620. 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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