Summary - THE RICHMOND HOTEL, ELYSIAN FIELDS EX10 8UJ
1 bed 1 bath Hotel
**Notable Features:**
- Historic Grade II* Listed Hotel dating back to 1826
- 44 en suite bedrooms (planning consent to reduce to 37 larger rooms and suites)
- Stunning Music Room, ideal for events and weddings
- Six modern two-bedroom self-catering apartments
- Indoor swimming pool (currently disused) with potential for wellness facilities
- Recently renovated three-bedroom owner's/manager's bungalow
- Expansive 5.3 acres of mature gardens
- Planning approval for redevelopment into four luxury townhouses
Elevate your investment portfolio with The Richmond Hotel in Sidmouth, a historically rich property set on an impressive 5.3-acre estate. Currently comprising 44 bedrooms, the hotel is mid-refurbishment, with plans to enhance and reduce room count to 37 for increased quality and luxurious suites. The distinguished Music Room, with its vaulted ceilings and chandeliers, is primed to serve as a stunning venue for events, complemented by additional spaces for dining and private gatherings.
This unique property includes six high-standard self-catering two-bedroom apartments, offering excellent rental potential in a highly sought-after location. While the indoor swimming pool awaits future plans, the opportunity exists to create wellness amenities. The recently updated owner’s bungalow adds value, providing comfortable living arrangements for management or staff.
Despite current refurbishments, the groundwork for a luxury full-service hotel is set. Take advantage of the additional planning permissions allowing for the conversion of existing structures into four two-bedroom townhouses, increasing the potential for revenue generation. The hotel’s beautiful gardens and proximity to Sidmouth’s coastline enhance its appeal as an exclusive getaway or residence. With direct routes to major transport hubs, this gem invites discerning investors or developers seeking a prestigious project. Don't miss this rare opportunity to reinvigorate a classic slice of history!
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