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The Invicta Hotel in Plymouth has been brought to market off a guide price of £2.25m.
The Invicta Hotel is a Grade II listed, four-star boutique hotel comprising 23 en-suite bedrooms, Bowline Restaurant, Bar and Lounge.
On the lower ground floor is a self-contained function room with separate external access, its own bar and cloakrooms. The space has capacity for functions of around 65 and is described as an “excellent facility which can be operated with no impact on the operation of the hotel due to its facilities”. Externally, to the front of the hotel is a terrace, providing al fresco dining.
The hotel has also benefited from “significant” recent investment to the first floor bedrooms, restaurant and function room. It is situated in a prominent position overlooking Plymouth Hoe Park and close proximity to the Sea Front, Barbican, Plymouth Pavilions and the City Centre.
Harriet Fuller, associate in the Hotel Capital Market team at Savills Exeter, who is handling the sale, said: “With the current owners looking to retire, this is an exciting opportunity for an incoming buyer to acquire beautifully presented hotel in a fantastic location just a few minutes’ walk from the sea front and Plymouth’s key tourist attractions. Combine this with further opportunity to add value, we expect there to be a lot of interest in the Invicta Hotel.”
