Guide price £2,100,000

Yelfs Hotel, 54 Union StreetRyde, Isle of Wight

    Key features

    • Hotel, 2 x investments and development land
    • Prominent position in seaside town location
    • 31 stylish suites/bedrooms some with sea views
    • Potential to convert and develop flats at 25 Union Street (STPP)
    • Consistent turnover at the hotel in the order

    About this property

    • Yelfs Hotel is located in a prime position on the main commercial street in the town of Ryde close to the seafront. The hotel currently boasts 31 attractive ensuite bedrooms and suites, some of which have sea glimpses across Ryde and the Solent. The main customer trading area is located on the ground floor and comprises a restaurant, a lounge bar, conservatory, and a library. The Hotel also benefits from a large function room and a fully fitted trade kitchen. Black Sheep Bar is then situated on the ground floor and has the benefit of an external terrace. There are 31 bedrooms above, with 9 of the rooms accessed via a flying freehold in the building adjacent. 25 Union Street is located just opposite and comprises a ground floor retail investment and 9 letting bedrooms. There is a rear car park beyond this. There are 3 main sections that are available, as outlined below.

    Prominent position in a seaside town location with 31 stylish suites/bedrooms some with sea views

    Adam BullasProperty agent

    Local information

    • Ryde sits in the north of the Isle of Wight, 4 miles west of Seaview and 11 miles east of Cowes, boasting unique views across the Solent. Transport services to the mainland are excellent with the Hovercraft to Southsea taking 15 minutes and the ferry to Portsmouth Harbour taking 20 minutes.
    • The property has pedestrian access from Union Street.

    Energy performance

    Exempt - Grade II Listed