Iconic Isle of Wight hotel ‘The Royal’ goes on the market through Christie & Co
Specialist business property advisor, Christie & Co is delighted to bring to the market the iconic Royal Hotel in Ventnor, Isle of Wight.
This highly successful island hotel, set in the picturesque town of Ventnor, has been independently owned and operated by William Bailey since 1994. William has been responsible for substantially upgrading the hotel’s facilities and expanding the range of services on offer to guests which has significantly widened its customer base. The hotel has numerus accolades including four silver star 2023 AA hotel accreditation and a 2023 AA two Rosette award for culinary excellence.
William now feels the time is right as custodian of the hotel to step back and hand over to new owners, to further develop and enhance this highly successful business for the future.
Featuring 51-bedrooms and extensive function facilities, The Royal has built a renowned reputation as one of the pre-eminent hotels on the Isle of Wight. The historic hotel is centrally located in Ventnor, close to all town centre amenities, coastline and beaches.
William Bailey comments, “Whilst it is of course sad to be selling a business with which we have been involved for the last 29 years now is the right time. We wish a new buyer every success during their ownership of this wonderful hotel in a beautiful part of the Isle of Wight. Most importantly we would like to thank the staff, with whom we have shared this memorable journey, for their hard work and dedication over the years.”
Ed Bellfield, Regional Director – handling the sale comments, “The sale of The Royal Hotel represents an exceptional opportunity to acquire a highly successful hotel business with significant repeat patronage, largely due to its continued ownership and continuity within the same family since 1994. The reputation and success of the business is testament to the continued re-investment and family stewardship over recent decades combined with its enviable location in picturesque Isle of Wight. We wish William well on his future plans and the closing of a long-established chapter.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
P: 020 7227 0794 or E: email@example.com
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