The Invicta Hotel, a historic property in Plymouth, has been brought to market at a guide price of £2.25 million.
The Invicta Hotel is a Grade II-listed, four-star boutique hotel which comprises 23 en suite bedrooms.
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, which provides opportunities for alfresco dining in fine weather.
The Invicta Hotel is also home to the Bowline Restaurant, Bar and Lounge. The restaurant’s website says it serves a ‘fusion of seasonal dishes inspired using locally sourced sustainable ingredients; produce from land and sea.’ Dishes on the current menu include the likes of grilled mackerel with garlic potatoes, baby gem lettuce and tomato caper salsa.
The hotel has 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.
Estate agents Savills is handling the sale, acting on behalf of a private client, who is selling the hotel because they plan to retire.
Harriet Fuller, Associate in the Hotel Capital Market team at Savills Exeter, commented: “With the current owners looking to retire, this is an exciting opportunity for an incoming buyer to acquire a 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.”