Hotel with stunning views of Sandown Bay comes to the market
3 star AA rated hotel, Channel View in the coastal town of Shanklin on the Isle of Wight has been brought to the market through specialist business property adviser, Christie & Co.
Positioned in a premier elevated position overlooking Sandown Bay with stunning views of the town, the hotel has always enjoyed a robust reputation, attracting a strong mix of leisure and corporate guests, as well as hosting a large number of banqueting events.
Comprising of 56 en suite bedrooms, reception area, offices, sun lounge, lounge area (40), the hotel also offers two functions rooms, one accommodating up to 200 guests and the other 100 guests, leisure facilities including a swimming pool with changing rooms, therapy room and a one bedroom management flat.
Richard Wood, Senior Business Agent of Christie & Co’s Winchester office comments; “Channel View provides a fabulous opportunity to acquire a highly profitable family run hotel that has been under the same ownership for the past 32 years. It is ideally suited for either a hands-on owner operator looking to capitalise on the already strong trade or alternatively, a multiple operator looking to add a successful hotel to their portfolio.
“With multiple ferry routes from the mainland, the Channel View Hotel is the ideal base for those wanting to explore the Isle of Wight and enjoy its unique charm.”
Christie & Co is seeking offers in the region of £1,700,000 for the freehold interest.
