Treasury is up for sale at nearly £2 million
The Herald|July 10, 2024
THE Grade II listed building which houses Plymouth's famous Treasury bar and restaurant has been put on sale for nearly £2 million, and could be turned into flats or a hotel.
WILLIAM TELFORD
Treasury is up for sale at nearly £2 million

The long lease of the 17th century building is on the market, with a development partner or operator being sought.

The three-storey building is attached to the Plymouth Guildhall and dates from 1615. A new 125-year lease with a peppercorn rent and ground rent is being offered for £1,850,000.

A pre-application plan for a "mixed scheme" has already been approved and commercial property agents at Charles Darrow, in Plymouth, said it could be turned into flats or a hotel with potential for about 26 suites. The agents said "a thriving bar and restaurant currently occupies part of the building", and it is expected that this will remain open.

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