For Sale

Rossiters Lot 2, Wellow, Isle of Wight

Lot 2 - Rossiters Main Road, Wellow, Yarmouth, PO41 0TE

£850,000

Guide Price

Four well presented self-contained holiday lets producing a significant income stream (one with full residential consent).
Also available as a whole with Lot 1.

Key Features

  • Significant Income Stream
  • Private Gardens with Hot-tubs
  • Private Parking
  • Two with Consent for Residential Use

Description
Rossiters is set in a picturesque rural location on the outskirts of Wellow, offering some rooms with southerly views towards the Downs. The nearby village of Shalfleet provides a school and a pub, while both Newtown Creek and the charming harbour town of Yarmouth are close by, offering excellent sailing opportunities. Yarmouth also features a variety of pubs, restaurants, and a ferry service to Lymington.

History
The holiday lets were once used as part of the vineyard and have now been sympathetically converted by the current owners, with vaulted ceilings, hardwood floors, rear terraces with hot tubs and all enjoying spectacular views towards the nearby farmland.

Holiday Lets
MADELINE ANGEVINE
A spacious property featuring beautiful wooden floors and exposed beams. It accommodates up to 6 people, with 3 bedrooms and 2 bathrooms. The property includes its own private hot tub, gas BBQ, and outdoor seating area. There is parking for 2 cars, with additional private parking available at the rear if needed.

RONDO
This large property offers wooden floors and feature beams, sleeping up to 4 people with 2 bedrooms and 1 bathroom. Pet-friendly, it includes a private hot tub and outdoor seating area. Parking is available for 2 cars, and additional private parking is located at the rear if required.

DORNFELDER
A spacious property with wooden floors and attractive beams, sleeping up to 4 people with 2 bedrooms and 1 bathroom. It is pet-friendly and offers a private hot tub and outdoor seating area. There is parking for 2 cars, with extra private parking at the rear if needed.

ORION
A generously sized property with wooden floors and feature beams, accommodating up to 6 people. It includes 3 bedrooms and 2 bathrooms, along with its own private hot tub and outdoor seating area. Parking for 2 cars is available, with additional private parking at the rear if required.

Method of Sale
Rossiters Lot 2 is offered for sale by private treaty, or as a whole to also include Lot 1.

Rights of Way (Public or Private)
There is a public right of way (public footpath) that crosses some of the property to the west, running from the main road (south) to the adjoining footpath network leading to Ningwood.

Access
The property is accessed off the public highway, Main Road.

Should Lots 1 and 2 sell separately, Lot 2 would benefit from a right for all purposes over part of Lot 1’s freehold.

Services
Each of the letting units has its own metered services, comprising of mains water and electric, drainage to a sewage treatment plant, and heating is provided by LPG gas.

Broadband
The property is connected to 4g internet via Starlink

Tenure and Possession
Freehold with vacant possession completion.

Council Tax/Business Rates
We understand that the holiday properties are registered with Business Rates, with the current rateable value of £14,250.

EPC
Madeline Angevine - D
Rondo - D
Dornfelder - D
Orion - D

Planning/Listed Building
We understand that three of the four newly converted holiday lets are restricted as such and were granted under planning reference P/01665/16. One of the converted barns, benefits from full residential planning permission for use as a residential dwelling as per planning reference P/01373/16.

Building Regulations
The holiday lets benefit from building control approval.

Website
https://rossiters-iow.co.uk/

Accounts/Trading Information
Further accounts information including full management accounts are available from the selling agents upon request.

Goodwill and Stock at Valuation
A list of goodwill and stock at valuation can be made available from the selling agents upon request.

Wayleaves and Easements
The property is being sold subject to and with the benefit of all rights including; rights of way, whether public or private, light, support, drainage, water and electricity supplies and other rights and obligations, easements and quasi-easements
and restrictive covenants and all existing and proposed wayleaves for masts, pylons, stays, cables, drains, water and gas and other popes whether referred to in these particulars or not.

Sporting, Timber and Mineral Rights
All sporting, timber and mineral rights are included in the freehold sale, in so far as they are owned.

Plans, Areas and Schedules
These are based on the Ordnance Survey and are for reference only. They have been checked and computed by BCM Wilson Hill and the Purchaser (s) shall be deemed to have satisfied themselves as to the description of the property. Any error or miss-statement shall not annul a sale or entitle any party to compensation in respect thereof.

Fixtures and Fittings
BCM Wilson Hill will supply a list of requests, identifying clearly which items are included within the sale, which are excluded, and which may be available by separate negotiation. This list is the sole arbiter of this regardless of whether items are referred to or photographed within these particulars.

Postcode
PO41 0TE

What3words
///dispose.chosen.enhances

Selling Agent
Thomas Dawson AssocRICS
BCM Wilson Hill – Isle of Wight Office
Red Barn, Cheeks Farm
Merstone, Merstone Lane
Isle of Wight, PO30 3DE
T – 01983 828805

Viewing
Strictly by appointment with the selling agents only.

NB These particulars are as at March 2025 and photos taken February 2025.

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