Cowes, Isle Of Wight

Guide Price £1,150,000

Cowes, Isle Of Wight   Guide Price £1,150,000

A well established hotel in a prime position within Cowes Olde Town.

13 lettings rooms with en-suite facilities, bar, dining room, kitchen, function room, laundry room, stores. Garden with heated swimming pool. 3 bedroom lodge house (owner’s accommodation).

Rawlings Hotel Rawlings Hotel is situated within the Conservation Area of the old town of Cowes, in a convenient, yet quiet location within easy access of the amenities and yacht clubs. The hotel is just a few minutes walk from the high speed passenger ferry to Southampton (taking about 22 minutes) as well as the world renowned sailing facilities and marinas. This has resulted in a well established trade amongst the yachting fraternity in addition to an expanding range of other guests attracted to Cowes as a major gateway to the Isle of Wight.

The hotel has 13 letting rooms with ensuite facilities (one of which has an extra bedroom), with an additional 3 bedroom self contained cottage with full residential usage. The principal part of the hotel, fronting Sun Hill, is Grade II Listed, and has a range of characterful features. There is a fully licensed restaurant that comfortably seats 22 with an additional function room and Laundry room in a basic addition to the building. There are 7 bedrooms in the principal hotel, whilst to the rear of the property is an additional 2 storey brick built building which is not Listed. This contains the 3 bedroom lodge (with its own kitchen and sitting room) and a further 7 to 8 bedrooms with en suite facilities from which there are views over the Harbour Entrance and The Solent from the upper floors. The hotel also has a pedestrian access to the rear onto Terminus Road providing a short walk to the Red Jet ferry service. There is a mainly lawned garden and heated swimming pool.

Services Mains water, electricity, drainage and gas serve the site. The swimming pool is heated by a gas boiler.

Rates There are currently no non-domestic rates payable on the hotel (2014/2015).

The lodge pays council tax of £1176.49 (2014/2015).

Viewings Since the property is continuing to run as a hotel, viewings are strictly by prior arrangement with the sole selling agents.

Important Notice 1. Particulars: These particulars are not an offer or contract, nor part of one. You should not rely on statements by Spence Willard in the particulars or by word of mouth or in writing ("information") as being factually accurate about the property, its condition or its value. Neither Spence Willard nor any joint agent has any authority to make any representations about the property, and accordingly any information given is entirely without responsibility on the part of the agents, seller(s) or lessor(s). 2. Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. 3. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. 4. VAT: The VAT position relating to the property may change without notice.

Call 01983 200 880 or Email: cowes@spencewillard.co.uk for more information or to request a viewing