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The Invicta Hotel 11-12 Osborne Pl 23 Room Hotel Plymouth PL1 2PU £1,500,000 (£65,217/Room)
Investment Highlights
- 23 en suite bedrooms.
- Bowline Restaurant, Bar and Lounge.
- Prominent position overlooking Plymouth Hoe Park.
- Freehold.
- The property has benefited from significant recent refurbishment.
- AA 4-star rated.
- Large self contained function suite.
- Ample on road parking and off road parking for 10 cars to the rear of the Hotel.
- The Hotel is being advertised for auction with Savills on 19th November 2024.
Executive Summary
The Grade II Listed Hotel offers 23 en suite bedrooms, Bowline Restaurant, Bar and self contained function room with separate external access.
The property has benefited from significant recent refurbishment. The sale of the Invicta Hotel presents an exciting opportunity for an incoming purchaser to refurbish the remaining bedrooms to a similar standard to provide a boutique luxury accommodation offering in a fantastic position.
The Bowline Restaurant, Bar and Lounge are located on the ground floor of the Hotel, adjacent to the Hotel Reception. Externally, to the front of the Hotel is a terrace, providing al fresco dining. The restaurant has a capacity for 32, the Bar has a capacity for 25.
On the lower ground floor is a self contained function room with separate external access, its own bar and cloakrooms. The space has a capacity for functions of around 65 and is an excellent facility which can be operated with no impact on the operation of the hotel due to its facilities.
The property has benefited from significant recent refurbishment. The sale of the Invicta Hotel presents an exciting opportunity for an incoming purchaser to refurbish the remaining bedrooms to a similar standard to provide a boutique luxury accommodation offering in a fantastic position.
The Bowline Restaurant, Bar and Lounge are located on the ground floor of the Hotel, adjacent to the Hotel Reception. Externally, to the front of the Hotel is a terrace, providing al fresco dining. The restaurant has a capacity for 32, the Bar has a capacity for 25.
On the lower ground floor is a self contained function room with separate external access, its own bar and cloakrooms. The space has a capacity for functions of around 65 and is an excellent facility which can be operated with no impact on the operation of the hotel due to its facilities.
Property Facts
| Price | £1,500,000 | Total Plot Size | 0.25 ac |
| Price Per Room | £65,217 | Property Size | 9,343 sq ft |
| Sale Type | Investment | No. Rooms | 23 |
| Tenure | Freehold | No. Floors | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1852/2004 |
| Property Subtype | Hotel | Parking Allocation | 0.54/1,000 sq ft |
| Costar Property Class | B | Corridor | Interior |
| Price | £1,500,000 |
| Price Per Room | £65,217 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Costar Property Class | B |
| Total Plot Size | 0.25 ac |
| Property Size | 9,343 sq ft |
| No. Rooms | 23 |
| No. Floors | 4 |
| Year Built/Renovated | 1852/2004 |
| Parking Allocation | 0.54/1,000 sq ft |
| Corridor | Interior |
Amenities
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Boutique/Lifestyle Hotel
- Meeting Event Space
- Wedding Venue
- Public Access Wi-Fi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | sq ft |
|---|---|---|---|
| Guest Room | 23 | £102.00 | - |
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The Invicta Hotel | 11-12 Osborne Pl
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