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The Invicta Hotel 11-12 Osborne Pl

23 Room Hotel Plymouth PL1 2PU $1,898,710 ($82,553/Room)

Investment Highlights

  • Prominent position overlooking Plymouth Hoe Park
  • Plymouth ferry terminal is around 0.7 miles away from the Hotel and offers services to France and Spain
  • Bowline Restaurant, Bar and Lounge

Executive Summary

The Invicta Hotel is a Grade II Listed, 4-star boutique hotel in a fantastic location on Plymouth Hoe, situated just a short walk from the sea front, Barbican, City Centre, Plymouth Pavilions and the Theatre Royal. The Grade II Listed Hotel offers 23 en suite bedrooms, Bowline Restaurant, Bar and self contained function room with separate external access. As well as a terrace with seating to the front of the hotel providing al fresco dining.
The first and second floor bedrooms, restaurant and function room have benefited from recent refurbishment to a high standard with bespoke furniture. With the third floor bedrooms being refurbished in 2017. The sale of the Invicta Hotel presents an exciting opportunity for an incoming purchaser to refurbish the remaining areas of the hotel to a similar standard to provide a boutique luxury accommodation offering in a fantastic position. The property also benefits from a secure, gated carpark to the rear of the property with space for approximately 10 cars.
We have been informed that the reason for sale is our client is retiring. We have been informed that forward bookings for 2025 exceed £250k. Please refer to legal pack for further information.

Property Facts

Price $1,898,710
Price Per Room $82,553
Sale Type Investment
Sale Conditions Auction Sale
Tenure Freehold
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.25 AC
Building Size 9,343 SF
No. Rooms 23
No. Stories 4
Year Built 1900
Parking Ratio 0.54/1,000 SF
Corridor Interior

Amenities

  • Restaurant
  • On-Site Bar
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 23 $126.58 -
  • Listing ID: 33850023

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 11-12 Osborne Pl, Plymouth PL1 2PU

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