Charming Inn VirginiaEastern Shore, VA
- Main (434) 286-4600
Full service at its best on Virginia's Eastern Shore!
Charming Inn Virginia
At the head of Onancock Creek leading to the Chesapeake Bay sits Onancock, on the Eastern Shore of Virginia. This watermen’s town is graced with countless positives, but perhaps the greatest is The Charlotte Hotel, a charming 10 guest room Virginia Eastern Shore hotel and restaurant. In fact, the area’s most renown restaurant! And the hotel has been written up here.
Having been purpose built within the shell of the original hotel constructed in 1907 on North Street, The Charlotte Hotel is a thoroughly modern inn. Everywhere one looks, on walls, floors, hallways, and in frames, is the artistic handiwork of one of the owners, Charlotte Heath, whose creative design has added to the unique qualities of this property. Guests can enjoy simple but very comfortable rooms on the second and third floors while enjoying exquisite dining in the restaurant. Added in 2015 are two additional rooms and owner’s quarters “just 104 steps away from the main building,” as the owner likes to say!
The restaurant is located in two spaces, one in the main building and one in the attached, leased building known as the “Next Door Gallery.” The restaurant can seat a total of about 65 in both dining rooms (25 in the main inn). An attractive, intimate bar with stools and two small high top tables is a popular gathering spot or place to wait while a diner’s table is prepared. The mood is luxurious, the setting serene. The Virginia eastern shore hotel and restaurant business is solid. Small wedding receptions are a hit at The Charlotte Hotel.
Room guests are a mix of tourists and business people in Onancock for a variety of reasons. Approximately 65% of the inn’s business comes from food and beverage, though this is decreasing with the addition of two new rooms and steady F&B revenue. The restaurant has a very capable chef, Sam Yokum, who is guided by the owners to create delicious and attractive meals that have garnered no small amount of positive press. In fact, Sam, a graduate of the Culinary Institute of Pittsburgh, has agreed to stay on for at least a year with new owners if asked. With a solid revenue base of close to half a million dollars, The Charlotte Hotel is profitable and has excellent upside potential with (among many other things) NASA’s increased development and reliance upon the installations at Wallups Island less than 30 minutes away. A new hospital is under construction in Onancock, which will be a source of business for years to come. In short, the future is bright for The Charlotte Hotel and its future owners! Want to know what living on the Eastern Shore is like? Click here for a nice video! And for a bit more, read a blog postabout The Charlotte Hotel and Onancock.
The owner’s quarters occupy the ground floor of the house that recently added two additional guest rooms to the room pool. They are spacious and private, and the property could also possibly provide some additional space for small outdoor events, and you’d have just a short walk to work!
The B&B Team, Inc. is proud to offer this excellent business for $1,495,000 turnkey. The adjacent leased property could be purchased separately or continue with the lease. If someone only wanted to buy the hotel with restaurant and 8 rooms, that configuration could be accommodated. Ask about pricing. This is an excellent opportunity with lots of options for configuration and expansion. For details, please contact Peter Scherman, 434-286-4600.