The freehold interest in Fox House Studios hotel in the heart of Plymouth city centre has been put up for sale with a guide price of £3.5m.
The property, which is located at 8-10 Whimple Street, comprises 41 studio apartments across the basement, ground and three upper floors.
It was previously used as student accommodation until 2019 and offers the potential for year-round rental to full-time students at the University of Plymouth.
James Greenslade, director in Savills’ hotels capital markets team, which has been appointed to market the opportunity, said: “Fox House represents a unique investment opportunity in a thriving city. With its versatility and modern amenities, it is an attractive proposition for a diverse range of investors.”
