24 bed hotel for sale Central Promenade, Douglas, IM2
Added on 26/09/2026
Added on 26/09/2026
- Type
- Hotel
- Bedrooms
- 24
- Bathrooms
- 24
- Tenure
- Freehold
Key features
- PLEASE WATCH OUR PRESENTER LED VIDEO TO FULLY APPRECIATE THIS STUNNING OPPORTUNITY
- Established Turnkey Hotel Operation in Prime Seafront Location
- 20 Guest Suites Accommodating Up to 47 Guests
- Fully Licensed Restaurant & Bar with 73 Covers
- Established Sports Bar with Further Food & Beverage Potential
- Three-Bedroom En-Suite Private Owners’ Apartment
- Separate One-Bedroom Luxury Holiday-Let Apartment
- Guest Gym Offering Premium Equipment & Infrared Sauna
- 18 Years of Successful Ownership, Investment & Established Trading History
About this property
Occupying one of the most recognisable seafront positions in the Isle of Man’s capital, The Savoy presents a rare opportunity to acquire an established and successful turnkey hospitality business combining 20 guest suites, a fully licensed restaurant and bar, sports bar, leisure facilities, private owners’ accommodation and additional holiday-let income potential. Overlooking Douglas Bay and offered as a fully operational concern, complete with fixtures, fittings and future bookings, this is far more than a property acquisition; it is an opportunity to take ownership of a long-established business with proven trading history, multiple revenue streams and clear scope for future growth.
Floorplan
Council tax
Ask agentLocation
Central Promenade, Douglas, IM2
Mortgage and stamp duty
A £1,710,000 mortgage. Most lenders would want a household income of about £380,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.