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1 Beef Island Guest House & De Loose Mongoose Bar & Restaurant Smiths Gore Overseas Ltd Britannic Hall PO Box 135 Road Town Tortola t (284) f (284) info@smithsgore.com Smiths Gore Commercial 16/17 Old Bond Street London W1S 4PT t (020) f (020) london@smithsgore.co.uk
2 Beef Island Guest House OPPORTUNITY TO ACQUIRE A PRIME BEACHFRONT GUEST HOUSE AND RESTAURANT ON THE ISLAND OF BEEF ISLAND, BRITISH VIRGIN ISLANDS FREEHOLD TITLE COMPRISING 0.7 ACRE Held in the same family ownership since 1952, the sale of Beef Island Guest House represents a rare opportunity to acquire a classic Caribbean beach bar and restaurant on freehold land strategically located on Trellis Bay in the centre of the. Situated on Beef Island, close to the main airport servicing the, Beef Island Guest House combines a relaxed restaurant and bar with a small four room guest house. The guest house, also trading under the name of De Loose Mongoose Restaurant & Bar, is surrounded by land which is scheduled for a major resort development, including a golf course, marina and five star resort. The location of the property on Trellis Bay is well established, with the anchorage at Trellis Bay providing the main business for the restaurant and bar. The adjacent businesses on Trellis Bay have helped establish the area as a major tourist attraction with the Trellis Bay Full Moon Party being particularly popular. The proximity of the guest house to the airport enables it to service the late afternoon flights where guests require over night accommodation prior to locating to another island or boat or early morning flights when guests are leaving the islands. Trellis Bay acts as the link between the outer islands (including Virgin Gorda, Great Camanoe, Scrub, Guana, Necker and Peter Islands) and the airport providing the main ferry terminal servicing a range of resorts. The guest house is well positioned to take advantage of the continued expansion of Trellis Bay as a commercial area with an increasing number of tourists including Trellis Bay on their itinerary. Developed in 1982, the property comprises two buildings : the guest house with four bedrooms and living areas; and the restaurant and bar. The guest house comprises four large bedrooms, each with an en-suite bathroom, plus living areas in a single storey structure. The vendors obtained planning permission when the building was first erected for an additional floor. The restaurant is situated adjacent to the guest house and comprises the main restaurant and kitchen, a covered external seating area and a small covered beach bar. An extension off the restaurant & kitchen houses the public bathrooms and additional storage. The property is served by a dock approximately 95 feet long by 6 feet wide. This dock provides access to the restaurant and bar for the many cruising yachts mooring or anchoring in Trellis Bay. The site, comprising 0.7 acres (30,492 sq ft), has a beach frontage of 200 feet. The beach is sheltered throughout the year and benefits from facing the prevailing breeze. The majority of the site remains undeveloped and provides an excellent opportunity to expand the existing accommodation. FOR FURTHER INFORMATION CONTACT SMITHS GORE LTD TEL (284) edward@smithsgore.com PRICE ON APPLICATION Smiths Gore Limited and its officers for themselves and for the vendors of this property whose agents they are, give notice that the particulars in this prospectus are set out as a general outline only, for the guidance of intending purchasers, and do not constitute a part of an offer or contract.
3 Beef Island Guest House Built 1982 Land Title 0.7 acre (30,492 sq ft) Freehold ImprovementsGuest House 2,357 sq ft four en-suite bedrooms, living rooms, kitchen, office Restaurant 1,044 sq ft enclosed seating area, bar and kitchen Beach Bar 203 sq ft open sided bar on beach Bathrooms & storage 213 sq ft male & female bathroom Covered Seating 576 sq ft between the restaurant & guest house Laundry 144 sq ft covered structure } located to rear of guest house Maintenance 96 sq ft covered structure } Dock 95 x 96 6 wooden structure on piles Utilities Water mains & cisterns (estimated 50,000 gallons) Electricity mains Sewerage 2 septic tanks (guest house and restaurant)
4
5 boundaries approximate not to scale DOCK BEEF ISLAND GUEST HOUSE boundaries approximate not to scale
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