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SOLD: 79 East Street, Ashburton, Devon

SOLD: 79 East Street, Ashburton, Devon - 26th April 2019

SUBSTANTIAL AND IMPRESSIVE BED & BREAKFAST IN THREE STOREY GEORGIAN VILLA, WITH 6 EN SUITE LETTING BEDROOMS

79 EAST STREET, ASHBURTON, DEVON, TQ13 7AL

This exceptional business opportunity in Ashburton, Devon, has recently been sold by licensed property specialists Stonesmith of Exeter.

79 East Street is an impressive grade II listed Georgian Villa originally constructed in 1814 as a private residence, which was subsequently converted into a hotel. Currently operating as a high quality 6 bedroomed B&B, this impressive property is extremely well presented throughout having been sympathetically and fastidiously maintained and improved to exacting standards. The business provides an excellent operating environment which still offers further potential as a lucrative bed and breakfast business and family home.

The property occupies a prominent and highly visible trading position within the heart of the thriving moorland town of Ashburton, an appealing and popular ancient stannary town set on the southern fringes of Dartmoor National Park.

This profitable, multi-faceted business was purchased by Chris and Suzy Poole. Originally from Oxfordshire, they have relocated to Devon and are looking forward to taking over the reins of the business. Chris commented “We are delighted to be the new proprietors of 79 East Street. We are looking forward to meeting existing and new customers alike, and to continue our close working relationship with the Ashburton Cookery School.”

Director of Stonesmith, Mike Phillips, added: “The sale of 79 East Street generated significant interest, and we were delighted to agree terms with Chris and Suzy. We wish them every success with their new venture.”

The freehold property and business was sold off an asking price of £795,000. Full details of all of our properties 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 the speed in which you sold our business, should be in the record books, sale agreed in less than 24 hours. Mike and Joan you are a great team, thanks again, we will always recommend Stonesmith's

Sandra & Graham Greenway - Former Owner's New Inn, Sampford Courtenay