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SOLD: Lymington Arms, Lama Cross, Wembworthy, Devon

SOLD: Lymington Arms, Lama Cross, Wembworthy, Devon - 23rd January 2019

DECEPTIVELY SPACIOUS CHARACTER DETACHED COUNTRY INN IN ROLLING DEVONSHIRE COUNTRYSIDE

THE LYMINGTON ARMS, LAMA CROSS, WEMBWORTHY, DEVON, EX18 7SA
FREEHOLD: £375,000

Property specialists, Stonesmith, are delighted to have sold The Lymington Arms - a substantial and deceptively spacious character detached country inn with origins believed to date back to around 1800.

This traditional country inn is well presented throughout and has been extended over the years to provide extensive trade areas and spacious family sized owners accommodation, with potential for letting rooms. This deceptively spacious freehouse retains much of the original charm and character. The inn briefly comprises of a Bar and Dining Area (40 covers), Separate Restaurant (50), well equipped Commercial Catering Kitchen and spacious 4 Double Bedroom Owners Accommodation. Externally, the property stands in grounds which extends to around 0.6 acre.

The Lymington Arms is located at Lama Cross on the outskirts of the rural country village of Wembworthy, which lies in one of the prettiest areas of the rolling Devonshire countryside and woodland, set above the River Taw Valley. The Lymington Arms is situated approximately 2 miles from both the large village of Winkleigh and Eggesford Station which provides a train service to Exeter and Barnstaple. The university and cathedral city of Exeter is approximately 18 miles to the south.

The Lymington Arms has been sold by licensed property specialists Stonesmith, acting on behalf of Jennie Peel who owned and ran the pub for over 18 years. The new owners, Bob and Kate Morris look forward to immersing themselves in country life and welcoming customers old and new.

Mike Phillips, Director of Stonesmith, commented: “Despite the negative media attention surrounding the pub market, and the continued uncertainty surrounding Brexit, country and village pubs are still very much in demand throughout the South West.”

The business was sold on a freehold basis off an asking price of £375,000.

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Thank you Mike and Joan for everything you have done for us in the sale of Wellington Farm. We truly appreciate all of your efforts on our behalf.

Ian Attwell and Alan Candy - Former owners of Wellington Farm B&B and Tea Gardens