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Royal Victoria Hotel St. Mary's St

21 Room Hotel Newport TF10 7AB For Sale

Investment Highlights

  • Landmark Grade II Listed Building with planning for residential development
  • Town centre location
  • Full planning permission for up to 17 luxury apartments and private car parking
  • Ready for immediate development

Executive Summary

The property comprises a Grade II Listed Landmark Building, which offers the opportunity to provide an exclusive development of up to 17 luxury 2, 3 and 4 bedroom apartments with associated car parking.
The imposing three-storey building is a former hotel, which ceased trading in 2015. The existing structure will be partially demolished to accommodate the new development, whilst retaining the original facade. The demolition works have commenced and the party wall agreements are in place.
The development includes a private car park and bin store to the rear for the residents of the building.

Property Facts

Sale Type Investment
Tenure Freehold
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.83 AC
Building Size 8,761 SF
No. Rooms 21
No. Stories 3
Year Built 1830

Amenities

  • Restaurant
  • Meeting Event Space

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 21 $93.83 -
  • Listing ID: 26745773

  • Date on Market: 9/30/2022

  • Last Updated:

  • Address: St. Mary's St, Newport TF10 7AB

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