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SOLD: Furzeleigh Mill, Dartbridge, Buckfastleigh

SOLD: Furzeleigh Mill, Dartbridge, Buckfastleigh - 23rd January 2019

COUNTRY HOTEL & RESTAURANT IN STUNNING LOCATION ON EDGE OF DARTMOOR

FURZELEIGH MILL, DARTBRIDGE, OLD ASHBURTON ROAD, BUCKFASTLEIGH, DEVON, TQ11 0JP

Property specialists Stonesmith are delighted to have sold the freehold of this substantial and attractive property with views down the picturesque River Dart Valley, in the historic mill town of Buckfastleigh. Furzeleigh Mill benefits from a prominent and highly visible trading position just off the A38 Devon Expressway. On the edge of Dartmoor National Park, Buckfastleigh is on the southern fringe of Dartmoor National Park. The town has several tourist attractions including Buckfast Abbey, the southern terminus of the South Devon Steam Railway, a butterfly farm and an otter sanctuary.

The 16th Century, Grade 2 Listed former corn mill was converted into a country hotel and restaurant around 75 years ago. The property offers 14 individual en-suite letting bedrooms, a bar, Mill Room Restaurant (50), Granary Restaurant (24), Guest Lounge and a fully equipped Commercial Catering Kitchen. There is also a separate 3 bedroom owner’s accommodation in the main building. Externally, the property stands in over half an acre of grounds.

The sale of Furzeleigh Mill represented an excellent opportunity to purchase a well-established and well regarded hotel and restaurant in a desirable area with flexible living accommodation. There is undoubtedly tremendous potential to develop all aspects of the trade and property further. The hotel has its own website: www.furzeleigh.co.uk and has been awarded 3 Star Guest Accommodation status by the AA.

Mike Phillips, Director of selling agents Stonesmith commented: “With hotel and guest house trade booming across the South West, there remains a tremendous appetite for purchasing hospitality businesses. We were instructed to market the freehold of the property by Bob and Ann Sandford, who were looking to retire after nearly 32 years of ownership at Furzeleigh Mill. Stonesmith were delighted to agree terms swiftly with Tessa and Geoff Sellick from Ashburton, who had always dreamt of running their own hotel and restaurant locally. Geoff and Tessa have tremendous plans for the business, and we wish them every success. Additionally, we would like to wish Bob and Ann a long and happy retirement.”

Sold on a freehold basis, The Furzeleigh Mill was sold off an asking price of £545,000.

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