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Offers in Excess of£2,000,000

Drake's Island, Plymouth, PL1

Land size
6.4 acres

Description

Freehold 6.4 acre development opportunity located off the coast of Plymouth

Historic fortified military island with a total of c. 30,000 sq ft of disused accommodation

The island has the potential to produce tourist generated income through several different streams

Implemented planning permission for conversion to a 43 bed hotel

Potential for further alternative uses

Offered with full vacant possession

Carter Jonas are instructed by the Fixed Charge Receiver to seek offers in excess of £2,000,000 (Two Million Pounds) for the freehold interest in Drake's Island.

Strictly by appointment with agents.

Map Location

Property details

Tenure
Freehold
Council Tax Band
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Date Posted
2026-07-23

Market Value Analysis

Compared with 268 land-only listings in South West England (5+ acres).

This Property£312,500 / acre
Regional Average (5+ acres) £10,632 / acre
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Utilities & Restrictions

Utilities

Electricity
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Water
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Heating
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Broadband
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Sewerage
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Rights & Restrictions

Public Rights of Way
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Private Rights of Way
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Listed Property
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Restrictions
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Property Features

Accessibility
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Parking
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Garden
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Contact Carter Jonas, London

One Chapel Place, London, W1G 0BG

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