Isle of Wight Hotel for Sale - £4.2 Million

Press Release

The Northbank Hotel in desirable Seaview village offered after over 65 years of family ownership

The Northbank Hotel, a historic Victorian coastal property in the sought-after village of Seaview on the Isle of Wight, has come to market with leisure property specialists Fleurets.

Located on Circular Road, the hotel enjoys an elevated position overlooking the Solent with direct access to the beach. The freehold interest, which includes a detached cottage, is available at an asking price of £4,200,000.

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. 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.

Seaview is widely regarded as one of the Isle of Wight's most desirable coastal villages, known for its sailing heritage and attractive shoreline. Northbank Hotel currently operates on a seasonal basis from May to October, with scope to extend trading or reposition the business.

William Shaw-Yates, owner of the Northbank Hotel, 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."

Nick Earee, Divisional Director of Fleurets South, added: "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."

For further information, or to arrange a viewing, contact Fleurets Divisional Director Nick Earee on 07836 541790 or nick.earee@fleurets.com.

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