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PRICE REDUCTION: East Dart Hotel, Postbridge, Dartmoor, Devon

PRICE REDUCTION: East Dart Hotel, Postbridge, Dartmoor, Devon - 12th September 2018

EAST DART HOTEL, POSTBRIDGE, NR YELVERTON, DARTMOOR, DEVON

PRICE REDUCTION: HISTORIC DARTMOOR HOTEL & VILLAGE INN WITH EXTENSIVE GROUNDS - DUCHY LEASEHOLD 375,000

With origins dating back to 1861, this historic Dartmoor National Park hotel and inn is now being offered for sale through licensed and leisure specialists Stonesmith of Exeter. The East Dart Hotel is a delightful character coaching Inn, providing fine, locally sourced and freshly produced food complemented by quality ales and wines. The hotel is located in the attractive moorland hamlet of Postbridge, a honeypot tourist location steeped in folklore and history, having at its centre, an historic 13th Century clapper bridge across the River Dart.

The business enjoys an established reputation with excellent levels of regular repeat business, not only from locals, but also from the many tourists and visitors who wish to explore the area or get acquainted with the renowned folklore and legends of Dartmoor and it is extremely popular with pony trekking clubs, walkers and cyclists as well as hunt meets.

Our clients have undertaken a comprehensive programme of refurbishment and redecoration during their 6 years of ownership and the property is consequently well presented throughout both internally and externally. In addition to the food and drink offering, the Inn also has an established reputation for its quality letting accommodation. Briefly, The East Dart Hotel comprises:- Main Bar (60), Residents Lounge, Restaurant/Function Room (30+), 9 En-Suite Letting Bedrooms and an Owners Detached Cottage with 3 Double Bedrooms and 2 further En-Suite Letting Bedrooms, currently used for staff. Externally, the business benefits from extensive gardens and grounds which extend to over 2 acres and incorporate attractive Trade Gardens, Car Park, 2 Stable Blocks, Kitchen Garden and a Paddock.

Stonesmith believe that The East Dart Hotel represents an excellent opportunity to purchase a well established and well regarded business which still offers genuine potential. The business has its own website www.theeastdart.co.uk and our clients will be happy to provide a full handover and training to incoming operators should they so wish.

As with the majority of business premises in the national park, The East Dart Hotel is for sale under the terms of a Duchy lease and offers are invited on a recently reduced asking price of 375,000. Full details can be downloaded from the website www.stonesmith.co.uk and viewings arranged by calling 01392 201262

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