The hotel is very conveniently located in the town center - but this is one of the very few advantages (the other two being friendly receptionists and wifi).
The atmosphere will only be enjoyed by those missing the Soviet Union. The room (enhanced standard) was quite cold even in September, the shower was average, and the breakfast was horrible and was served at some weird hours (7:30 till 9:30 if I remember correctly). The restaurant downstairs (where the breakfast was served) did not impress us with clean tables either. Also, we had to pay for luggage storage (a minuscule sum of 3 UAH per hour, but still).
To cut it short: for 450 uah per night you can find much more pleasant accommodation in Vinnytsia