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Edgemoor Hotel, Bovey Tracey

PROPERTY TYPE

Character Property

BEDROOMS

17

BATHROOMS

15

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Impressive detached former Boutique hotel occupying 2.5 acre rural spot on the edge of Dartmoor
  • Excellent scope for further investment/development and upgrading
  • Accommodation boast approx 12,000 Sqft with 9 en-suite bedrooms
  • Two semi deatached bungalows, 4 bedroom Stable Mews.
  • Current rental income £94,500 per annum from Mews, Bungalows and three let rooms
  • Detached Pottery and Barn (could be converted subject to relevant consents)
  • Dining room/restaurant, lounge bar, Bistro,Snug and function suite - ideal for wedding receptions
  • Commercial kitchen, ladies and gentlemens WC'S, office and storage rooms
  • Car park, beautiful mature gardens
  • On the gateway to Dartmoor with easy access to Bovey Tracey, Newton Abbot, Exeter and Plymouth

Description

The Edgemoor Hotel, a former boutique country hotel, dates back to 1879 when it was a grammar school. With its charming Victorian architecture and a stunning stone and ivy-clad façade, this property has a rich history of successful trading before its recent closure due to COVID. The hotel preserves the property's heritage by repurposing former dormitories and classrooms into bedrooms, and the library into a dining room, creating a unique and inviting atmosphere. Situated in a rural area, The Edgemoor offers a truly special experience. Positioned on the outskirts of Bovey Tracey, this property sprawls across approximately 2.5 acres of picturesque gardens and mature landscapes. While previously utilised as a residential space, it has also proven to be a lucrative investment through holiday accommodations and private lettings. Remarkable efforts have been made to reduce operational costs, exemplified by the installation of a biomass boiler, eligible for the Renewable Heat Incentive scheme until 2034. Although categorized as a hotel, specific sections of the property have been repurposed for full residential use and other versatile functionalities. Under new ownership in 2008, extensive refurbishments were undertaken, transforming Edgemoor Hotel into a sought-after destination, even doubling as a charming wedding venue. Despite the challenges of the post-COVID era, the business impressively adapted to the circumstances, pivoting towards holiday and residential lettings to ensure continued success. This property offers an incredibly adaptable accommodation setup. As you enter, you will find a private drive off the main road to Haytor. The ground floor boasts a variety of rooms, including a dining room/restaurant (formerly a library), a lounge bar, a cafe, a snug, and a function suite where unforgettable wedding ceremonies were held. You'll also find a spacious former commercial kitchen, office space, and storage rooms. The property features a variety of rooms spread across the ground and first floors, with charming split-level trading areas. Once a grammar school, it has been beautifully transformed into a country hotel, retaining its original charm. Additionally, 3 bedrooms within the hotel are currently let for a total of £1,900 per month, as well as a 4-bedroom 'stable mews' currently leased at £1,800 per month on an AST agreement. The two bungalows at the rear are divided into 2 x 2-bedroom lettings, currently generating £3,000 per month on AST agreements. Moving to the first floor, accessible via a central staircase with secondary linked access to the rear, you'll discover 9 ensuite letting bedrooms which complete this exceptional property.

Brochures

Full DetailsOther
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: E
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Edgemoor Hotel, Bovey Tracey

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About Rendells, Newton Abbot

13 Market Street, Newton Abbot, TQ12 2RL

Rendells is an independent firm of Auctioneers, Valuers, Surveyors and Estate Agents, with offices located in Newton Abbot, Totnes and Chagford, renowned for the sale and rental of village and country properties throughout Dartmoor and South Devon but with an equally strong reputation for selling and letting homes and commercial property in the principal townships.

The partnership also offers specialist agricultural services including valuation and survey services, livestock marketing, farm and machinery sales, milk quota as well as having a separate department enjoying an international reputation specialising in the valuation and sale of antiques and fine art from sale rooms at Stonepark in Ashburton

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Disclaimer - Property reference 12425830. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Rendells, Newton Abbot. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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