Hose Rhodes Dickson - Isle of Wight Commercial Property Agents

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For Sale 595,000 - Crossways Guest House, Crossways Guest House, Crossways Road, East Cowes, PO32 6LJ

Property Description

LOCATION
Crossways is located close to the gates of Osborne House and has a car park accessed from the main highway leading from East Cowes with its ferry link to the mainland.


DESCRIPTION
Crossways was built in 1896 in the Arts and Crafts style and was originally commissioned for the neighbouring Osborne Naval College and is said to have housed the future Edward VIII and George VI during their time at the college.

Close to the gates of Osborne and situated onthe main highway from East Cowes, with its mainland ferry links, the guest house is ideally situated for those visiting and working at Osborne as well as those coming to the Island to work at GKN and the RNLI, attending weddings at nearby premises or tourists wishing for a base from which to visit the Island. Cowes week and the festival week end are particularly busy.



The guest house trades from 7 letting rooms and is open for most of the year, only being closed for Christmas and the owner's holidays. Bed, breakfast and evening meals are offered and the owners have previously run a restaurant from the premises. The current owners have successfully traded the business for the last 12 years and are now looking to retire. Trading at just below the VAT threshold figures will be available to bona fide applicants after viewing.




ACCOMMODATION
Entrance from the front of the building to hallway with woodblock flooring and stairs to the first floor. Dining room with 24 covers and feature fireplace, windows overlooking garden. Lounge/ bar with range of soft seating, wood fronted bar, fireplace and bay window. Downstairs WC. Kitchen area consisting of butlers pantry used as a dry store and for tea and coffee making, scullery with dish washer, kitchen with gas Aga, range cooker and various commercial catering equipment (a full inventory will be provided) and pot scullery with washing up area and housing the gas boiler which provides central heating. Door to the outside terrace, store and drying room.



Accommodation within the main house consists of three letting rooms:

Room 2 with 4 poster bed, en suite with shower

Room 3 twin/ double, en suite with shower

Room 4 with a 4 poster bed, en suite with bath with shower over



There are four further ground floor letting rooms located in the lodge next to the main house:

Room 1 double, en suite with shower

Room 2 double/ twin, en suite with bath with shower over

Room 3 double/ twin, en suite with bath with shower over

Room 4 double/ twin, en suite with bath with shower over

Outside these rooms is a decked area with seating.



Owners Accommodation

Two bedrooms, separate WC and bathroom with bath with shower over on the first floor of the main house and office/ lounge on the ground floor.



Outside

Parking Accessed from York Avenue. Terrace with seating for the use of guests. Two ponds housing Koi carp, dovecote, garage and garden shed. Lawned gardens with raised vegetable beds, decorative border.



To the south side of the house are covered verandas.






OUTGOINGS
Rateable Value £6,500, rates payable £3,200 without small business relief.


LEGAL COSTS
Each party to be responsible for their own legal costs.





Agents Notes


Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.



 
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