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NEW INSTRUCTION: Furzeleigh Mill, Dartbridge, Buckfastleigh

NEW INSTRUCTION: Furzeleigh Mill, Dartbridge, Buckfastleigh - 8th May 2017

COUNTRY HOTEL & RESTAURANT IN STUNNING LOCATION ON EDGE OF DARTMOOR

Furzeleigh Mill is a substantial and attractive property with views down the picturesque River Dart Valley, in the historic mill town of Buckfastleigh. The property 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 separate owner’s accommodation in the main building with three bedrooms, a sitting room and bathroom. Externally, the property stands in over half an acre of grounds incorporating two car parking areas for approximately 30 vehicles, a lawned trade garden with seating for 30 plus customers, garage/store room with a workshop and a vegetable garden. To the rear is a private owners garden, small orchard and paddock.

Furzeleigh Mill has been owned and operated by our clients since 1987 during which time they have improved both the property and the business. Our clients have established a good level of regular repeat business and word of mouth recommendations and the Mill is well regarded by its clientele. Through personal choice, and with impending retirement in mind, our clients have taken a more relaxed approach to running the business over recent years, and consequently they have not advertised or promoted the non-resident eating and drinking trade. The business is run by our clients, a husband and wife team, with 2 full-time and 4 part-time members of staff, and additional casual staff employed as required. The hotel has its own website: www.furzeleigh.co.uk and has been awarded 3 Star Guest Accommodation status by the AA.

The sale of Furzeleigh Mill represents 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, and to actively encourage non-resident trade for the restaurant and bar. In addition to this, the business could be developed as a function and wedding venue.

For sale on a freehold basis, The Furzeleigh Mill is on the market for £545,000. Details are available from the website www.stonesmith.co.uk and viewings arranged by calling 01392 201262

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Thank you so much for your hard work and professional approach in selling Lydgate House on our behalf. I would wholeheartedly recommend you to anyone looking to sell a hotel.

Anna Geikie - Former Owner Lydgate House Hotel