15 bedroom property for sale

A fantastic opportunity to acquire a substantial hotel in Castletown, close to the new Portland Marina and National Sailing Academy. Potential for conversion of upper floors to a number of apartments with a bar/bistro downstairs, subject to permissions.

On the ground floor the property offers a dining/function room, bar area, dining area, kitchen and wash up area. The upper floors are currently arranged as thirteen bedrooms and a two bedroom owners' apartment.

The property is situated within Castletown, close to the new Portland Marina and National Sailing Academy at Portland Harbour.

The Isle of Portland is located on the south coast of Dorset and forms part of the World Heritage Coastline, known as the 'Jurassic Coast'. Famous for centuries as the home of Portland Stone (used by Sir Christopher Wren on St Paul's Cathedral and numerous other London churches), Portland is now evolving into a centre for leisure activities including fishing, diving, bird watching, rock climbing, walking and a variety of water sports, including sailing at the Weymouth Portland National Sailing Academy, venue for the sailing events at the 2012 Olympic Games.

Portland is made up of several village communities which together boast a range of amenities including shops, health centres, primary and secondary schools.

Dining/Function Room: 8.63m x 5.49m(28' 4" x 18' )narrowing to 3.78m (12' 5)

Bar Area: 14.52m x 6.26m (47' 8" x 20' 6") including vestibule

Dining Area: 4.83m x 4.75m (15' 10" x 15' 7")

Kitchen: 4.70m x 4.70m (15' 5" x 15' 5") irregular shape

Outside:
There is a rear courtyard enclosed by walls with potential as an outside seating area.

First and Second Floors:
The first and second floors offer flexible accommodation, currently arranged as thirteen bedrooms and a two bedroom owners' apartment.

Outside:
There is a walled courtyard with potential to be used as an outside seating area.

Potential Development:
Potential for conversion of upper floors to a number of apartments with a bar/bistro downstairs, subject to permissions. Potential alternative uses are subject to the relevant planning permissions being granted. The property is situated within the Castletown conservation area. Vat may be payable on the purchase of a commercial property.
Purchase Price:
In addition to the agreed purchase price there will be a further sum payable for fixures and fittings and stock at valuation.
Important note:
The purchase of the property is subject to vat at the rate applicable at time of purchase.

Directions:
On entering Castletown go straight over the roundabout and the property will be found after approximately eighty metres on the right.

Book a Viewing:
Viewing is strictly by appointment through the agents. To book a viewing please call Red House Estate Agents on .

About Weymouth and Portland, Dorset:
The Borough of Weymouth and Portland is located at the heart of Dorset's World Heritage Coastline, known as the 'Jurassic Coast'. The Isle of Portland is a centre for leisure activities including fishing, diving, bird watching, rock climbing, walking and a variety of water sports, including sailing at the newly opened Weymouth Portland National Sailing Academy, venue for the sailing events at the 2012 Olympic Games. Nearby Weymouth offers a lively nightlife, high street shops and a sweeping sandy beach. The area has a varied array of property types and styles, from houses and flats to cottages and apartments.

Services for Buyers:
Red House Estate Agents are property specialists in Weymouth and Portland, Dorset. We offer a good selection of property for sale in the Portland area, from houses and flats to cottages and luxury apartments, including the prestigious Ocean Views development. Please call us to discuss your needs.

Services for Sellers:
Red House Estate Agents specialise in the sale of property in the Portland area, from houses and flats to cottages and luxury apartments. Please call us to discuss your needs or to arrange a free market appraisal of your property.

Services for Landlords and Investors:
Red House Letting Agents also offer lettings advice and appraisals to buy-to-let investors and landlords, whether they are experienced in property or new to the challenges and rewards of property investment and lettings. We offer a top quality professional, yet personal, service to property owners looking to let in Weymouth and Portland. Please call us to book a property appraisal or talk about our lettings services. The lettings team at Red House Letting Agents look forward to hearing from you.

Buying, selling, renting or landlords, the team at Red House Estate Agents and Red House Letting Agents look forward to hearing from you.

The property misdescriptions act 1991
The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. A Buyer is advised to obtain verification from their Solicitor or Surveyor. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. They may however be available by separate negotiation. Buyers must check the availability of any property and make an appointment to view before embarking on any journey to see a property.