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Foresters Hall, 30 Sun Hill, Cowes, Isle of Wight, PO31 7HY

Guide Price
£2,300,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • 14 ensuite boutique bedrooms
  • Extensive function/restaurant facilities
  • Leisure facilities - Outdoor heated pool
  • Rear terrace - 'al-fresco' dining
  • Grade II Listed
  • EPC: C - Central Cowes - 2 minutes from the Red Jet Terminal
  • Christie & Co Ref: 3848008

Description

Location

The Isle of Wight, located just over 60 miles from London, offers convenient access via the A3 and M3, with a swift Solent crossing from Southampton to Cowes in as little as 28 minutes. Travelers can choose from six ferry routes to the island and benefit from excellent train connections to London and beyond. Cowes is the most northerly port on the island, thus benefitting from practical and easy access to London.

This captivating island boasts over half of its land designated as an Area of Outstanding Natural Beauty, and it has recently earned UNESCO Biosphere status. The opportunities for inspiration and enjoyment are abundant. With 57 miles of stunning coastline, ranging from sandy beaches to rugged cliffs, there’s something for everyone.

Outdoor enthusiasts can indulge in activities like paddle boarding, sailing, golfing, horse riding, surfing, mountain biking, and paragliding. Meanwhile, a diverse array of attractions awaits, including Osborne House and Carisbrooke Castle. The island’s vibrant calendar features a multitude of festivals and events, attracting visitors year-round.

Foresters Hall is nestled in a charming and serene spot within the Conservation Area of Old Town Cowes. It’s a mere stroll away from the bustling High Street, sailing amenities, and the high-speed ferry service to Southampton. The world renowned Royal Yacht Squadron sailing club, whose Admiral until his death in 2021 was Prince Philip, Duke of Edinburgh, was established in 1815 and is home to many of the finest sailors and sailing events in the world. Being only a 5-minute walk from the Hotel, Foresters Hall attracts much of the Cowes elite sailing traffic.

This coastal town boasts a lively high street, a diverse selection of top-quality restaurants and bars, and frequently hosts sailing regattas and events, including the celebrated Isle of Wight Music Festival every June. Moreover, Cowes is conveniently located just 2 hours from London Waterloo.

Fixtures & Fittings

All trade fixtures and fittings are included. There are a number of privately owned artworks and books in the hotel which will be excluded from sale however, they may be available subject to separate negotiation. A full list of items are available in the data room.

Letting Accommodation

On the main hotel’s first floor, an elegant period staircase leads to a landing with a charming seating area. From here, there is access to five unique bedrooms, each boasting period characteristics with modern finishes.

In the rear wing divided into The Lodge and The Garden Suites, there are an additional nine bedrooms. Six of these bedrooms offer splendid views over the garden or the harbour entrance and the Solent, extending toward the Hampshire Coast.

External Details

The Dining Terrace, nestled within an attractive walled garden paved with brick, can accommodate an additional 40 covers. Stylish outdoor lighting and a fire-pit enhance the ambiance. Beyond the Terrace lies a lawned garden and a beautiful stone-tiled heated swimming pool, complete with adjacent sun deck and sun loungers. Rear service access to Terminus Road provides efficient separation of guest traffic from services to the Hotel (laundry, bin collection, etc.), a rare accommodation for a boutique hotel in an old town environment.

The recently constructed flat roof extension, which now serves as the dining room, was thoughtfully reinforced to allow for further development.

The Opportunity

The Hotel offers 14 en-suite bedrooms, ranging from approximately 20 sqm up to 40 sqm, two of which feature wood burning stoves and seven of which feature roll top bathtubs while all feature roomy walk-in showers (other than Room 4 which has a roll top bath with shower over). Each room is thoughtfully equipped with a kettle, fridge, Nespresso coffee machine, and Sony TV screen. Each bedroom is separately temperature-controlled and each has its own bathroom extraction system, as well as key slots to efficiently control the lighting in each room.

The hotel’s amenities extend to a well-appointed commercial kitchen, adjoining the Restaurant, which can accommodate up to 60 covers. An additional Private Dining Room and an Outdoor Terrace enhance the dining experience for up to an additional 50 guests. Meanwhile, the inviting Bar and separate Library provide comfort and relaxation.

Furthermore, the hotel holds a Wedding Licence, with capacity for 30 guests in the Library, 30 in the Private Dining Room and 60 in the Restaurant. The Hotel is well placed for guests being situated very close to Red Jet terminal in West Cowes (3-minute walk) and adjacent the town centre amenities with excellent access to Newport and other places of interest on the island. The owners have continued to reinvest in the property,
including ongoing refurbishment to the bedrooms and public areas. The business continues to enjoy very favourable reviews attracting a high proportion of repeat business.

There is substantial further scope to significantly increase revenue from wedding business and functions including in particular, private events and business gatherings. The Hotel has significant potential to build on its excellent reputation following the re-positioning and develop its range of customer services including conferences.

Staff

The business prides itself on impeccable customer service and operates with a core team and a pool of part time staff supplementing the business during peak months.

Development Potential

VALUE ENHANCEMENT OPPORTUNITIES
There is an attractive opportunity to redevelop a part of the hotel which is currently an empty two - floor high void.

The proposed development (see plan on left) would provide niche spa facilities including workout area plus sauna and shower room to complement the other leisure facilities including the heated outdoor swimming pool.
The proposed development would require planning and listed building consent. As this part of the Hotel looks onto the internal courtyard, approvals are seen as likely.

Tenure

Freehold/Leasehold

The property is connected to mains water, electricity, drainage, and gas. Gas-fired central heating (with underfloor heating in the dining area) ensures comfort. A pumped hot water system provides immediate hot water throughout. Additionally, there’s a robust fibre Wi-Fi connection (1000Mb) throughout the building that is accessible across the property, both inside and outside.

Business Rates

Foresters Hall: Rateable Value from 1st April 2023 £25,200, but the Hotel enjoys a discounted charge of £3,143.70 for the period 2024/2025.

Regulatory

The hotel benefits from all the necessary licences for the conduct of the business of the Hotel, including a very flexible Isle of Wight Premises License (music – live or recorded – and alcohol from 10am to 2am) and an Isle of Wight Council Wedding Licence from the Isle of Wight Registration Service (www. ). The Food Standards Agency ( has given the Hotel and the Restaurant Food Hygiene Ratings of 5 (the highest) updated as recently as 8 December 2023.

Energy Performance Certificates

EPC 1

Brochures

Foresters Hall, 30 Sun Hill, Cowes, Isle of Wight, PO31 7HY

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ryde Pier Head Station6.3 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 3848008-fh. 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 Christie & Co, Hotels. 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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