The Grade II*-listed Langdon Court hotel in Plymouth has been brought to market with a price tag in the region of £1.85m, having fallen into administration last year.
When Carlauren Group's Heritage Hotels fell into administration in December, it was hoped the 16th-century, Jacobean manor house hotel could continue to operate, however the hotel was closed in April.
The property stands in 10 acres of grounds, including gardens, a vineyard, lakes and two cottages in addition to the 19 bedrooms in the main property.
Ollie Steer-Fowler, head of leisure at Vickery Holman, which has been appointed by Together Commercial Finance to handle the sale, said: "We're delighted to receive the instructions for the sale of such a stunning and important property for the region. Langdon Court has a long history and is well known in the area as an events and dining venue. The property offers plenty of potential to reopen as a high-end hotel and venue. Alternatively it's a prime site for development or would make a wonderful home for anyone looking for an impressive property with atmosphere and land near the coast.
"There's so much history attached to Langdon Court. Much of the original Renaissance garden still exists and it has been visited by royalty including Edward Vll. The house was a home for hundreds of years before being turned into a hotel in the 1960s."