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SOLD: Beechwood Guest House, Dartmoor

SOLD: Beechwood Guest House, Dartmoor - 22nd March 2018

IMPRESSIVE DETACHED BED AND BREAKFAST BUSINESS SET IN 6 ACRES WITHIN DARTMOOR NATIONAL PARK

BEECHWOOD GUEST HOUSE, POSTBRIDGE, DARTMOOR, DEVON

Stonesmith are delighted to have sold this characterful property, the Beechwood Guest House, situated in a prominent position within the Dartmoor National Park.

The property is situated on one of the main routes across the Dartmoor National Park, close to the well-known and popular moorland towns of Moretonhampstead and Tavistock. Postbridge itself is a honeypot tourist destination which attracts visitors year-round. Currently trading on a Bed and Breakfast basis, the Beechwood offers occasional evening meals and in the summer months cream teas. The business also benefits from a license to sell alcohol. The high standards inherent throughout ensure a regular flow of repeat business and word of mouth recommendations, and the prominent roadside position ensures a regular and steady passing trade.

The detached character property is in first class order throughout and has been sensitively renovated and recently refurbished. Externally the property is set in 6 acres of grounds and includes 2 hay meadows, a paddock with stables, and a useful range of outbuildings.

The business has been bought by Ian and Sarah Drew who have moved from the Bristol area and are looking forward to making their own mark on the business. Stonesmith wish them the very best of luck with their new venture.

Mike Phillips, Director of Exeter based Stonesmith, commented:

“The business attracted interest from a variety of buyers and we are delighted to announce the sale of this Duchy leasehold property. We wish Ian and Sarah every success with their new venture.”

Beechwood was sold off a guide price of £355,000 for the Duchy leasehold interest.

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Thank you for your all your help, we could not have done it without you!

Trevor and Di Crouchen - Purchasers of The Dartmoor Lodge, Ashburton