Guide price
£1,200,000
16 bed hotel for saleThe Craft House, 5 Elliot Street, Plymouth, Devon PL1
16 beds
16 baths
3 receptions
~6,706 sq. ft
- Freehold
Luscombe Maye
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About this property
Independently run, 16 bedroom hotel and licensed bar
Built in 1879 and lovingly refurbished by the current owners
Located near the famous Barbican area of Britain’s Ocean City
16 ensuite guest bedrooms
Lounge and 24 cover dining room
Offers exceptional versatility and future potential
Profitable Business; currently running 38 weeks of the year with a 20% occupancy
Potential for business growth
EPC tbc
Viewing strongly recommended
Description
Presenting a unique investment opportunity in the heart of Plymouth city centre, The Craft House offers an expansive 16-bedroom property spanning 6600 sq ft, ideal for those seeking a substantial commercial or residential venture. Lovingly restored by the current owners, with 16 en-suite rooms, licensed bar, residents' lounge, dining room and a commercial kitchen with pantry and laundry, this versatile building provides significant scope for various uses, subject to planning permissions.
This Boutique Hotel offers opulence as soon as you enter with the grand entrance hallway with its soaring ceilings, and ornate, wide staircase; an architectural feature designed to dominate the space and impress any visitor. The staircase leads to the 15 ensuite rooms, along with the 16th en-suite bedroom, currently utilised as the owners’ accommodation. This Hotel stands out from the crowd offering intimate, historic, bespoke luxury and highly personalised service. The current owners have been sympathetic with their design now combining original features alongside unique, individually styled rooms, curated art, that create a home-away-from-home ambiance.
The property benefits from mains gas central heating and mains electricity and pressurised water system for comfortable living. While there is no dedicated private parking, on-street parking options are available in the vicinity. A standout feature is the roof terrace, offering an excellent outdoor space for relaxation or entertaining, providing an urban retreat with city views.
Location
Located on Elliot Street (PL1 2PP), this property is perfectly positioned for easy access to Plymouth's vibrant city life. Residents will appreciate the excellent mobile coverage from O2, Vodafone, Three, and EE, as well as high-speed FTTP (Fibre to the Premises) broadband, ensuring seamless connectivity. The property is conveniently situated within a conservation area at the front, adding to its character and appeal.
Plymouth city centre boasts a wealth of amenities, including a diverse range of shops, restaurants, cultural attractions, and entertainment venues. Excellent transport links provide easy connections throughout the city and beyond, making this an ideal location for accessibility. The property offers a compelling proposition for those looking to acquire a large and adaptable building in a prime urban setting.
Verified material information
To ensure legal compliance, we require our sellers to complete a Property Information Questionnaire or provide a Material Information Guide along with the title document. If available, please scan the qr code or access the additional online material information Moverly Website link add here Alternatively, you can contact our team for this information.
Council Tax band: A
Tenure: Freehold
Property type: Other
Property construction: The majority of the building is standard however there are a few flat roofs.
Energy Performance rating: No Certificate
Electricity supply: Mains electricity
Solar Panels: No
Other electricity sources: No
Water supply: Mains water supply
Sewerage: Mains
Heating: Mains gas-powered central heating is installed. The system was installed at an unknown date.
Heating features: Double glazing
Broadband: FTTP (Fibre to the Premises)
Mobile coverage: O2 - Great, Vodafone - Great, Three - Good, EE - Good
Parking: On Street
Building safety issues: No
Restrictions - Listed Building: No
Restrictions - Conservation Area: Property front covered by conservation area.
Restrictions - Tree Preservation Orders: None
Public right of way: No
Long-term area flood risk: No
Historical flooding: No
Flood defences: No
Coastal erosion risk: No
Planning permission issues: No
Accessibility and adaptations: None
Coal mining area: No
Non-coal mining area: Yes
Loft access: Yes - insulated and boarded, accessed by: Loft hatch via ladders.
Specialist issues:
Asbestos: Roof slates possibly contain asbestos, unsampled.
All information is provided without warranty. Contains hm Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The information contained is intended to help you decide whether the property is suitable for you. You should verify any answers which are important to you with your property lawyer or surveyor or ask for quotes from the appropriate trade experts: Builder, plumber, electrician, damp, and timber expert.
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