The Northbank Hotel, a historic Victorian coastal property in Seaview, has been put on the market for the first time in over 65 years with a £4.2million price tag.
Originally built circa 1850 as a private seaside residence, the property was requisitioned during the Second World War by the War Department and occupied by the Women’s Royal Naval Service before being converted into a hotel in the post-war years.
Located on Circular Road, the hotel enjoys an elevated position overlooking the Solent with direct access to the beach.
It has remained in the ownership of the Shaw-Yates family since 1959 and today operates as a well-established, family-run business with a strong trading history, combining Victorian charm with a warm and welcoming atmosphere.
The property comprises a detached three-storey hotel with 16 guest bedrooms, a private lounge and bar, gardens, and a separate cottage, offering flexibility for owners or additional use.
The freehold interest, which includes a detached cottage, is available at an asking price of £4,200,000.
William Shaw-Yates, owner of the Northbank Hotel, has said:
“The Northbank Hotel has been at the heart of our family for generations, and it is a place filled with memories as well as history. Seaview and the wider Isle of Wight offer a unique blend of tranquillity, natural beauty and coastal activity, and the hotel has always provided a wonderful base from which guests can experience it all. It’s a very special place, and we hope the next owners will cherish it as much as we have.”
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Nick Earee, Divisional Director of Fleurets South, adds:
“I have known the Northbank Hotel for over 50 years, and it is a truly unique, family-owned property in a superb Solent-facing position. This is a rare opportunity to acquire a characterful coastal hotel in a prime location with real historic significance, and we are delighted to be bringing it to market.”
Wonderful location and a gorgeous building.
Let’s hope it remains an hotel, I doubt it will
in todays climate.