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Family-run Devon hotel placed on market at £1.2 million

Osborne

A top Devon hotel that has been operated by the same family since 1970 has been placed on the market with Colliers International.

The Osborne Hotel in Ilfracombe has 53 rooms and is available for prices in the region of £1.2 million.

Situated on Wilder Road within easy walking distance of the town’s main attractions, hotel was originally constructed as four villas, with the Grade II listed Northfield House and the garage later acquired to the rear providing access to Northfield Road. 

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Ed Jefferson from Colliers International’s hotels team said: “Ilfracombe has a long association with tourism and now draws new generations of visitors keen to sample the popular surfing beaches at nearby Woolacombe, Croyde and Saunton Sands. 

“Damien Hirst’s 20-metre tall statue Verity stands on the end of the pier, signifying the town’s continuing appeal.” 

Osborne Hotel enjoys a prime town centre location, and includes a main bar sitting 60, lounge for 25 and a main restaurant with 120 covers.

It also boasts one of the largest ballrooms in the area licensed for 200 people. 

There is a large two-bedroom private flat in Northfield Road for the owners as well as a four-bedroom flat above the garage which is currently used for storage but has previously been used as staff accommodation. 

The hotel was visited by Channel 5 hospitality guru Alex Polizzi for one episode of the Hotel Inspector, where it was used as an example of well-managed hotel. 

Tags : colliers internationalDevon.hotel saleOsborne Hotel
Patrick Cremona

The author Patrick Cremona

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