Iconic 'Royal Hotel' in Ventnor, Isle of Wight sold through Christie & Co
Specialist business property adviser, Christie & Co, is pleased to announce the sale of The Royal Hotel in Ventnor, Isle of Wight.
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Originally built in 1832, The Royal Hotel is a cherished establishment on the South Coast of the Isle of Wight, and over the years has built a renowned reputation on the Island for its accommodation, food, and beverage offerings. The renowned hotel features 51-ensuite bedrooms, an extensive bar and a restaurant with panoramic sea views over the English Channel.
The highly successful hotel, set in the picturesque town of Ventnor, has been independently owned and operated by William Bailey since 1994, who has been responsible for substantially upgrading the Hotel’s facilities, expanding the range of services on offer to guests and significantly widening the Hotel’s customer base. The hotel has numerous accolades including a four-silver-star 2023 AA hotel accreditation and a 2023 AA two Rosette award for culinary excellence.
William Bailey, comments on the sale, “Whilst it is of course sad to have sold a business with which we have been involved for almost 30 years, now is the right time to step back. We wish the new owners every success during their ownership of this great and profitable hotel in a picturesque location on 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 – managing the sale comments, “The sale of The Royal Hotel represents an exceptional opportunity to acquire a phenomenally 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 a testament to the continued re-investment and family stewardship over recent decades combined with its enviable location in the picturesque Isle of Wight. We wish William well on his future and the closing of a long-established chapter.”
For further information on this press release, contact:
Niamh Toman, Corporate Communications Executive
P: +44 7768 646 984 or E: Niamh.toman@christie.com
Contact the agent:
Ed Bellfield, Regional Director – South Hotels
P: +44 (0) 7713 061171 or E: Ed.bellfield@christie.com
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