Savills, on behalf of the joint administrators, James William Stares and Rupert Graham Mullins of Rothmans Recovery Limited, has bought to market The Priory Bay Estate in Seaview, the Isle of Wight for a guide price in excess of £3 million. 

Set in 48 acres, the estate benefits from a private beach and houses a total of 44 bedrooms. The Grade II listed country house offers 18 suites/bedrooms, with additional letting accommodation in converted barn and cottage developments. There are two restaurants within the property, as well as tennis courts, a six hole golf course and a helipad outside. The self-contained nature of the estate with it’s extensive grounds and view over the Solent has makes it an ideal destination for weddings and conferences.

Situated to the south of the village of Seaview, Priory Bay is 3.5 miles from Ryde and the ferry links to Portsmouth. Seaview is a popular tourist destination, on the eastern side of the Isle of Wight and benefits from strong summer trade.

Martin Rogers, head of UK hotel transactions at Savills, comments: “The Priory Bay Estate offers a unique opportunity to the buyer, it’s location and heritage sets it apart from other hotels on the island.  It offers a range  of income streams from  the two restaurants, and weddings and conference facilities, providing year round business.”

The affairs, business and property of Peartime Limited t/a The Priory Bay Hotel (in Administration) are managed by James Stares and Rupert Mullins the Joint Administrators, who act as agents of the Company and without personal liability.