The Grosvenor Plymouth, 7-11 Elliot Street, Plymouth, Devon, PL1 2PP

£2,500,000

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Hotel

No floor / site plan

Key features

  • 40 ensuite bedrooms
  • Trades on a bed & breakfast only basis
  • Lounges, bar, dining room, meeting room
  • Car park. Manager's apartment
  • Potential for business growth
  • EPC rating B
  • Christie & Co Ref: 3440679

Description

Description

Originally comprising three grand Victorian townhouses arranged over four floors plus a basement, the property has been subtly combined to form a single, cohesive trading business.

Our client acquired The Grosvenor Plymouth in 2018 and has operated it primarily as a bed and breakfast, favouring ease of management due to their non-involvement in the day-to-day running of the business.

The hotel includes dedicated meeting and event spaces which have yet to be fully developed as a revenue stream and presents a clear opportunity for a new owner to expand this aspect of the business. Additionally, the property features a bar that is predominantly used by residents.

This well-maintained, turnkey operation offers an incoming owner the chance to take over an established hospitality business in a popular south west city.

Location

The Grosvenor Plymouth enjoys a prime trading position in the heart of the city just a short stroll from the Hoe Promenade. Its location offers level walking access to the vibrant city centre, the historic Barbican, and the scenic Royal William Yard. Plymouth Central train station is conveniently nearby providing direct mainline connections to major destinations across the UK.

Plymouth itself is a city steeped in maritime history and coastal charm. Visitors can explore the famous Mayflower Steps, where the Pilgrims departed for America in 1620, or wander through the cobbled streets of the Barbican, lined with independent shops, galleries, and waterfront cafés. The National Marine Aquarium, the largest in the UK, offers a fascinating glimpse into ocean life, while The Box museum and cultural centre showcases the city’s rich heritage through art and archives. For those seeking natural beauty, Dartmoor National Park lies just beyond the city offering dramatic landscapes and outdoor adventures. Plymouth’s blend of history, culture, and seaside appeal makes it a compelling destination for both leisure and business travellers.

Internal Details

• Main reception hall with reception desk, seated guest area and licenced bar
• Lounge with seating for 20
• Breakfast room with seating for 45
• Meeting room providing seating for up to 16 people
• Ladies and gentlemen’s WCs
• Commercial catering kitchen
• Staff room
• Numerous stores

Fixtures & Fittings

All trade fixtures and fittings will be included in the sale.

Letting Accommodation

The property benefits from 40 ensuite letting bedrooms comprising:
• 10 double bedrooms
• Eight superior double bedrooms
• One family suite
• One grand suite
• Four triple bedrooms
• 16 single bedrooms.

Please note, income is derived from 40 bedrooms, however, there is also an additional bedroom that is used as an office.

External Details

There is a small car park to the rear of the hotel providing nine car parking spaces. Plentiful on-street parking is also available.

Owner's Accommodation

Located on the lower ground floor and benefitting from both an internal and external private entrance. In brief, the accommodation comprises: lounge / dining room, kitchen, bedroom and bathroom. This apartment is currently occupied by the manager.

Staff

The business currently operates with management staff in place. The owner is not involved in the day-to-day operations and lives abroad.

Business Rates

Rateable value as of April 2026 £56,200

Regulatory

Premises Licence.

Additional information
Service charge
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Business rates
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Use class
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Listed building
No
Business for sale
Yes
Energy performance certificate: B

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

The Grosvenor Plymouth, 7-11 Elliot Street, Plymouth, Devon, PL1 2PP

NEAREST STATIONS

National Rail

Plymouth Station

0.78 miles

National Rail

Devonport Station

1.34 miles

National Rail

Dockyard Station

1.72 miles

About Christie & Co, Hotels

Christie & Co, Hotels

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

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Disclaimer - Property reference 3440679-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.