|Young Island Resort||St Vincent & Gren.|
Young Island Resort
Categories: Hotels/Resorts Private Islands
Location: St.Vincent, St Vincent & Gren.Click Here for detailed information on St Vincent & Gren.)
Price: 10,000,000 USD
Young Island Resort is a privately owned luxury resort in the Grenadines. The island is the most northerly island in the Grenadines and is located only 200 yards south of mainland St.Vincent with Mustique & Bequia as neighbors.
The island is 12.6 acres of tropical hillside surrounded by a white sandy beach and Caribbean ocean. Elevated areas, protected yacht anchorage and fabulous views from each side of the island.
This superb property has been successfully run as a private island resort for 48 years and has an established reputation among a loyal clientele and strong repeat guest rate.
There are 29 private guest cottages scattered around the island, primarily upon gentle sloping hillsides overlooking the ocean, all with sea views, open air garden showers and sun decks, some have private plunge pools. There is also a tennis court, Spa and two dining areas.
The island benefits form a large area of waterfront on the mainland which is included in the sale or lease, with private dock, parking and service buildings. Staff quarters, water sports base which currently houses the dive shop.
Guests transfer from the mainland is easy and smooth via the hotel launch. The launch currently runs round the clock.
The water supply for the property comes from the Central Water and Sewerage Authority via submarine pipe. The power supply for the property comes from Vinlec (St. Vincent Electricity Services Ltd.) via a submarine cable and there is a fully operational generator on the property which is used during power outages to ensure uninterrupted power supply.
The property is a leasehold property owned by the Government of St. Vincent and the Grenadines. There are 48 years remaining on the existing lease with an option to renew for 40 years. Thus, 88 years are available under the present conditions - the owner has indicated that they will extend the lease for a full 99 year period. The lease payment to the Government of St. Vincent and the Grenadines is a modest amount per year.
The new owners would take on a dedicated team of staff if they wish with longstanding loyalty and local know how and expert management team. All of the existing staff and management want to remain at Young Island. You will be purchasing a fully operational hotel and all are happy to continue their employment (if possible) under new ownership.
30m from the beach is a beach bar in the wonderful crystal clear shallow waters of the island. This Beach Bar is part of the resorts history and features in many a guest photograph.
Click on each image to enlarge picture & zoom in
Pavilions of Splendour International, Inc.Suite 9, Ansuya Estate, Revolution Avenue, Victoria, Seychelles
Telephone: 0034 603 424 175 Email: Click Here
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