* High quality hotel rooms in prominent, listed building, set in St Thomas Square in the centre of the Island's county town
* Well - finished restaurant and professional kitchen for circa 40 covers plus the potential for outside seating
* Building arranged over 3 floors, with the ground floor running to c. 110m2 (1, 194ft2), with the 2 upper floors running to approx. 144m2 (1, 548ft2)
* Assignment of current lease, with the current passing rent being £37, 500 per annum, plus £poa for the business, fixtures & fittings
**Location**
Charter House is located in St Thomas Square, adjacent to St Thomas Church and
supported by many eateries and specialist retail units. Newport is the
Island's undoubted commercial centre with an immediate population of around
25, 000 and an adjusted catchment of circa 60, 000 when Newport operates as the
comparison shopping centre for the entire Island population of around 130, 000.
Continued investment in the town from Boots, Clinton Cards, The Card Factory,
Costa Coffee, The Works, Bet Fred and J D Wetherspoon ensures its importance
as a retail and leisure centre.
**Description**
Letting rooms on the 1st & 2nd floors
_Upper Floors_
The two upper floors have been lavishly converted to create six up - market
letting rooms, all benefitting from en - suite bathrooms and fittings as
follows: - LED light fittings in all public areas, card entry door system to
bedrooms, energy saving system for room lights, under - floor heating in
bathrooms, mega flow water system per floor of 3 rooms, individual heating/air
con units in all rooms. Further information available on the website:
**Terms**
Business, fixtures and fittings offered for sale, £poa, along with the
assignment of the leas held on the property. We understand that the current
passing rent £37, 500 per annum. Ground floor restaurant also available on a
separate lease.
**Viewing**
Strictly by appointment with sole agents Gully Howard Commercial Property,
Suite 11 Salisbury Gardens, Dudley Road, Ventnor PO38 1EJ. Call Gavin Chambers
or Morgan Williams on .
E: Or
**Uniform Business Rate**
Rateable Value: £6, 100 – Guest House
2022/2023: £0. 512p without small business relief. Interested parties should
make their own enquiries of the Isle of Wight Council to confirm any rate
liability or rate concession that may be applicable by telephoning Business
Rates on .

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