A fantastic former country house hotel with 11 en suite bedrooms, a four-bedroom cottage, 2 two-bedroom bungalows, additional barn buildings, all set within 2.5 acres of stunningly beautiful grounds at the gateway to Dartmoor National Park. This beautiful property, with an impressive entrance/drive, could easily be repurposed as a home with income potential, Airbnb, wedding venue, specialised care facility, or simply as a beautiful home for an extended family. Ideally located near the sought-after market town of Bovey Tracey and within proximity to the main Paddington train line, M5 motorway and Exeter with its international airport. Early viewings are highly recommended.
The location of this property is just beautiful with Dartmoor National Park literally on its doorstep. Just down the road is Bovey Tracey, a pretty Cob and Dartmoor Granite-built town situated on the River Bovey and home to the internationally renowned Devon Guild of Craftsmen. Close to this property is Heathfield, a substantial residential and significant business area. Ideally located midway between Plymouth and Exeter, which has an international airport, M5 motorway, mainline rail connection and is widely seen as the financial hub and shopping mecca for the West Country.
ACCOMMODATION COMPRISES
HOTEL
On the ground floor are a collection of rooms which include a dining room, lounge/bar, bistro, snug and function room. There is also a former kitchen, toilets, office and many storage rooms.
THE LETTING ROOMS
The letting bedrooms are on the ground floor and first floor of the building.
GROUND FLOOR
– 2 Double bedrooms with en suite facilities
FIRST FLOOR
– 7 Double bedrooms with en suite facilities
– 2 Single rooms with en suite facilities
STABLE MEWS COTTAGE
A substantial mews property, comprising 4 bedrooms, kitchen/diner, large lounge, study and access to a private garden area.
THE BUNGALOW
This has been subdivided into two units:
– 1 x Two-bedroom letting unit
– 1 x Two-bedroom letting unit
THE POTTERY
A substantial garden building which is currently used as a pottery but could easily be repurposed for additional letting accommodation.
OUTBUILDINGS
To the rear and side of the hotel are several outbuildings.
BIOMASS BOILER ROOM
One of the outbuildings houses this and was installed at a great cost, resulting in virtually free heating for the property and generating an income too.
INCOME
Even though the hotel is non-trading, many of the cottages and letting units are being let out on AST agreements. Together with The Pottery, 3 bedrooms and Biomass, our clients receive a static income of just over £100,000 per annum.
PARKING
To the side of the building is a large car park for approximately 40/50 vehicles.
OUTSIDE and LAND
The whole complex sits on approximately 2.5 acres of grounds. Surrounding the property are lovely gardens for recreational activities, and it benefits from 3 road access entrances.
FIXTURES AND FITTINGS
All trade fixtures and fittings, except for our vendor’s private inventory, will be included in this sale. A full inventory will be provided prior to the exchange of contracts. All stock will be sold at valuation on completion. No testing of these fixtures or any appliances has been undertaken by the agents, Ware Commercial.
SERVICES
Mains water, private sewage, electricity, and superfast broadband are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.
BUSINESS RATES
Please make enquiries on the local valuation website (VOA) at www.voa.gov.uk (currently the property benefits from business rates relief).
TENURE
Freehold
VIEWINGS
All viewings and enquiries are to be made through the agents, Ware Commercial.
TEL: 01803 328880 or 01392 462266
Email: info@warecommercial.com
www.warecommercial.com
