Great Western Hotel St David's Hl 35 Room Hotel Exeter EX4 4NU £1,100,000 (£31,429/Room)

Lot 116 is available by way of Savills Online auction 20th May 2026.
The Great Western Hotel in Exeter presents an outstanding opportunity to acquire a substantial freehold property with immediate redevelopment or value-add potential. Located adjacent to St David’s Station, a principal transport hub, the property offers unrivaled connectivity throughout the South West and into London, drawing steady visitor traffic.
Configured across multiple levels, the building currently features 35 en suite guest bedrooms, expansive ground floor bar and restaurant facilities, and six staff accommodation rooms. Providing scope for efficient reorganization and contemporary upgrades. Current site features create flexibility for operators or developers planning an upscale hospitality experience, budget accommodation model, or alternative mixed-use scheme, subject to consent.
Exeter’s dynamic city centre and major attractions, including the historic Cathedral and University, are within close proximity, underpinning strong leisure, business, and tourism related demand. Potential exists to convert staff accommodation to six additional guest bedrooms and explore expansion options enhancing room count and return profile. With its central positioning and development potential, this asset stands as a rare proposition in a thriving regional city with strong transport and economic fundamentals.