Rendells - Newton Abbot
13 Market Street
Newton Abbot
Devon
TQ12 2RL
01626 353881
Edgemoor Hotel, Bovey Tracey Guide Price £1,750,000
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On MarketRendells - Newton Abbot - 01626 353881DRN01096

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.

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