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Waterside House
72a High Street
Cowes
Isle of Wight
PO31 7RE

01983 219967
commercial@spencewillard.co.uk

Cowes Office
Cowes Office
Spence Willard Commercial

Waterside House
72a High Street
Cowes
Isle of Wight
PO31 7RE

01983 200880
cowes@spencewillard.co.uk

Cowes Office
Charles Spence
Charles Spence
Tanya Hill
Tanya Hill
Spence Willard team
Emma Bradley
Zadie Margham
Zadie Margham
Natalie Miley
Natalie Miley

Sherbourne Street
Bembridge
Isle of Wight
PO35 5SB

01983 873000
bembridge@spencewillard.co.uk

Spence Willard Bembridge
Spence Willard team
Sam Branston
Hannah Cook
Hannah Cook
Lauren Taylor
Lauren Taylor
Charlotte Branston
Charlotte Branston

The Square
Yarmouth
Isle of Wight
PO41 0NP

01983 761005
yarmouth@spencewillard.co.uk

Spence Willard Yarmouth
Spence Willard team
Duncan Willard
Lesley Samson
Lesley Samson

The Old Bank
Tennyson Road
Freshwater
Isle of Wight
PO40 9AB

01983 756575
freshwater@spencewillard.co.uk

Spence Willard Freshwater
Jason Siviter
Jason Siviter
David Langford
David Langford
Sarah Kujawa
Sarah Kujawa

The Square
Yarmouth
Isle of Wight
PO41 0NP

01983 761005 opt 2
lettings@spencewillard.co.uk

Spence Willard office
Laura Homes
Alice MacNab
Alice MacNab
Henrietta MacLean
Henrietta MacLean

40 St James' Place
London
SW1A 1NS

020 7839 0888
london@spencewillard.co.uk

Spence Willard London office
Bob Bickersteth
Bob Bickersteth
Katinka Stampa Orwin
Katinka Stampa Orwin
Contact


Cape A1 is conveniently situated close to the carpark allowing for easy access. The property offers modern open plan living where you can enjoy relaxing after a full day of exploring the island. There is a decked area at the front of the cottage overlooking well kept lawns.

Information How long can I stay in my cottage?
This is a matter for each owner to decide. However the cottages are holiday homes and the lease does not allow for them to be used as the primary permanent residence.

Can I let the cottage myself?
Only to friends and family as all commercial lets are with Fina Casas.

Who is responsible for the maintenance of the cottage?
The Owner of each cottage is responsible for the cost of cottage and communal maintenance. Owners will need to organise cottage maintenance services and The West Bay will organise communal maintenance – more information below.

It is the responsibility of Owners to organise holiday lettings and housekeeping and cottage maintenance for your property through the relevant service providers, details of which are included below.

LETTINGS WITH FINA CASAS
As soon as the contract completion has taken place on your property you are free to organise holiday rentals and to book your own personal stays.
As the new owner you have two options available. If you wish to rent your cottage out then you will need to sign an agreement with Fina Casa, who will manage all of your property lettings for your guests and for you, as owners, OR, you may wish to keep your cottage out of the rental pool and use it solely for personal use, in which case you do not need to sign an agreement. The choice is yours. Please review your lease to ensure you are aware of the terms and conditions around personal usage.
If you decide that you would like to rent your cottage, please contact Fina Casas direct on 01983 530 035 to discuss further.

HOUSEKEEPING & COTTAGE MAINTENANCE
In addition to setting up your holiday lettings agreement with Fina Casas you will also need to organise for housekeeping and cottage maintenance services for both your guests and Owner stays. You are free to organise these for yourself OR these services can be organised via Fina Casas, who are based on the West Bay site and offer a host of services that can be tailored to your needs.

SERVICE & MAINTENANCE PAYMENTS – COMMENCEMENT & FREQUENCY:
The communal aspects of the West Bay site are managed by the in-house team and these services are charged via an annual service & maintenance charge that is payable pro-rata from the date of property completion.
West Bay will raise a pro-rata bill for the ground rent. Ground rent is an annual fee that runs from 1st January to 31st December and is currently a rate of £365.40 Inc. VAT. Ground rent is reviewed every 3 years and is due for review at the end of 2023.

Maintenance payments are due yearly in advance . Maintenance payments are reviewed annually and run for the period 1st April to 31st March. Maintenance charges by cottage can be obtained on request through West Bay’s solicitors.
Maintenance charges include the following in addition to general site maintenance, management and insurances:
Business rates
TV licence
Cottage Wi-Fi

SERVICES:
Utilities – gas, electricity and water are reviewed annually and recharged to Owners on a quarterly basis for the periods March, June, September and December.

INDICATIVE REVENUES:
Since the historical earnings information for each cottage/house type is subject to current Owner data protection any information pertaining to previous revenues and future earnings should be obtained by request.

Leasehold Information Service Charge – Approximately £5,300 p.a.

Ground Rent: £365.40

EPC Rating
D.

Viewings
Strictly by appointment with the agent, Spence Willard.

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.