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Hotels, B&B and Self Catering

Exceptional Hotel for sale

Montague Hotel 109 Station Avenue, Sandown, Isle of Wight, PO36 8HD

Offers in the region of £625,000

Key features

  • Very well-presented Guest House close to Sandown’s centre
  • Owner’s accommodation, with parking, garden, workshop and garage
  • 10-bedroom Guest House with en-suite facilities
  • Offers invited in the region of £625,000
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LOCATION

Located in Station Avenue amongst other mature substantial properties. A popular location for hotels and guest houses due to its easy accessibility to both Sandown’s centre, its beaches and amenities. Sandown is part of the Sandown-Shanklin-Lake conurbation and is often the first choice for holiday makers to the Isle of Wight, returning year on year. 

DESCRIPTION

A rare opportunity to acquire this hotel, which has been lovingly refurbished by the current owners to a standard which can only be described as “way above average” inside and out. There are 10 letting rooms comprising 5 doubles, 2 family rooms (all en-suite), 1 larger single with en-suite bathroom and 2 standard rooms, both having access to a shower room and WC. The public areas include a light, airy dining room of some 7.8m x 3.7m leading to a conservatory looking over the garden. The owner’s accommodations runs to lounge, bedroom with en-suite shower room, office and store room. The extensive fitted kitchen doubles as both domestic and commercial. 

OUTSIDE

Leading from the spacious conservatory is a pleasant, well-kept garden, garage and a large workshop with electricity for light and power. 

THE BUSINESS

Due to semi-retirement, the guest house is not trading. Some rooms are let on longer term agreements.

TERMS

Offers invited in the region of £625,000 

UNIFORM BUSINESS RATE

Rateable Value: £9,000 2024/2025: 54.6p without small business relief. Interested parties should make their own enquiries of the Isle of Wight Council to confirm any rate liability or rate concession that may be applicable by telephoning Business Rates on 01983 821000

VIEWING

Strictly by appointment with sole agents Gully Howard Commercial Property, Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers or Dot Lucy on 01983 301 434. E: gchambers@gullyhoward.com or dlucy@gullyhoward.com 

Hotels, B&B and Self Catering

Exceptional Hotel for sale

Montague Hotel 109 Station Avenue, Sandown, Isle of Wight, PO36 8HD

Offers in the region of £625,000

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