A RARE opportunity has arisen to acquire a high-quality boutique hotel and restaurant occupying a prime position in Cowes.

North House in Sun Hill opened in 2017 and quickly gained an excellent reputation. It won numerous awards and accolades, including the Conde Nast Award for Excellence 2021 and 2022.

Scroll through the gallery of pictures above to see more...

It has also been recognised by the Good Hotel Guide and featured in the Michelin Guide 2018 and Good Food Guide 2019.

Isle of Wight County Press:

All the rooms are spacious and stylish.

North House occupies a picturesque location within the Conservation Area of the Old Town, just a couple of minutes walk from the high street, sailing facilities and high-speed ferry service to Southampton.

The hotel was subject to extensive refurbishment and renovation which also incorporated the ground floor of adjacent Grade II-listed 32 Sun Hill.

As part of the works entirely new electrical, plumbing, heating, fire and security systems were installed.

The fabric of the building was also overhauled with the roof of the main hotel replaced and new windows installed to the rear elevation of the main hotel building.

A largely glazed extension to the rear forms the current dining room with potential for a roof garden to be created above.

To the rear of the hotel is a superb walled garden providing an attractive large dining terrace with lawned garden and new swimming pool beyond.

Isle of Wight County Press:

There is a heated outdoor pool.

The purchaser will benefit from both the extensive refurbishment with high quality fittings and the excellent design and furnishing which have created a great business with strong goodwill and excellent further potential.

The hotel has 14 en-suite bedrooms with either king or super king-sized beds and some have wood-burning stoves.

A well-fitted commercial kitchen adjoins the restaurant capable of 50 covers with an additional private dining room and outdoor dining terrace, while guests can enjoy the comfort of an excellent bar and separate library.

The hotel holds a wedding licence which expires in July 2024 with capacity for 30 in the library, 40 in the private dining room and 60 in the restaurant.

Trading figures when the hotel was open over the last two summers saw excellent occupancy rates and a growth in room rate.

Outside, the dining terrace is set within an attractive walled garden paved in brick and capable of providing a further 40 covers, with outside lighting.

Beyond is a lawned garden and a heated swimming pool with an adjacent sun deck.

There is rear pedestrian access to Terminus Road providing a shortcut to the Red Jet ferry and marinas.

PRICE: £2,250,000
AGENT: Spence Willard
TEL: 01983 200880

WEB: spencewillard.co.uk

Want your property to be featured here? Ask your estate agent!

Click here to visit our property section and read about more Isle of Wight properties for sale.