BOUTIQUE 4 STAR HOTEL

Ref : H864

Price

Freehold : Offers in the Region of :: £2,500,000.00 SAV SOLE AGENTS

Unless otherwise stated all rental figures and asking prices quoted in the above details are exclusive of any Value Added Tax that might be applicable.

  • Superior boutique 4 star hotel.
  • Prime trading position on Plymouth Hoe.
  • Extensively renovated and refurbished throughout.
  • 23 quality en suite letting bedrooms.
  • Restaurant, lounge/bar, functions suite and private car park.
  • Projected turnover approximately £650,000. Generous profits.
  • Mainly letting with undoubted potential to develop restaurant and function trade.
  • Retirement sale. Unique opportunity. Viewing highly recommended.

The Invicta Hotel is located in a prime and highly sought after trading position on the famous Plymouth Hoe, which itself enjoys magnificent views over Plymouth Sound, Drake’s Island, Mount Edgcumbe and the surrounding coastline.  The hotel is situated opposite The Hoe public bowling green, where Sir Francis Drake is reputed to have calmly finished his bowls before setting out to defeat the Spanish Armada.  It occupies arguably one of the best trading positions in the principal holiday and commercial letting area of Plymouth and enjoys an excellent year round commercial and holiday custom.  Plymouth Hoe is world famous and the unsurpassed sea views are probably some of the finest anywhere in the country.  It is only a short walk from the hotel to the city centre with its modern shops, theatre and new multiplex cinema and entertainment centre, the expanding ferry terminal at Millbay and the historic harbourside Barbican area.

Plymouth, with a population of over 250,000 is the largest city in the West Country.  Largely rebuilt since World War II it is now a thriving industrial and commercial centre and is still one of the Royal Navy's principal base and warship repair dockyards.  The city has excellent educational, recreational and entertainment facilities and access to the rest of the country is gained by road via the A38/M5 motorway and by rail.  Europe is also accessible by the car/passenger ferry which is operated from its terminal at Millbay Docks.

This impressive Grade II Listed Victorian property is believed to have been originally built in the mid 1900s.  It appears to be of stone construction with attractive rendered and painted elevations under a mansard tiled roof.  Under the present ownership, it has been extensively renovated and refurbished at significant cost into what is now a most impressive 4 star Boutique Hotel.  The period charm and ambiance of the premises have been maintained, whilst at the same time full modern amenities have been installed with the property presented to a particularly high standard throughout.  It has its own secure car parking area to the rear.  We understand that planning permission was previously obtained for a further 10 en suite letting bedrooms to the rear of the property over the car park.  An early viewing appointment is highly recommended to fully appreciate the location, quality and undoubted future trading potential of this reputable and impressive trading concern.

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Office Address

Huntley & Partners
Spargo House
10 Budshead Way
Plymouth
Devon
PL6 5FE

Telephone

01752 206020

(24hr answering service)