1879 Victorian Grammar School with Multiple Residences and Restaurant for Sale in Devon
Newton Abbot, Devon
- Status
FOR SALE
- Date Submitted:
11/10/23
- Advert ID
600961
- Reference
CD-20145 / Rightbiz
- Call Agent:
- Freehold: £1,950,000
- Asking Price: £1,950,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Former Victorian Grammar School Built in 1879 For Sale in Newton Abbot
Positioned on the edge of Dartmoor Nation Park (within the curtilage of Teignbridge District Council), The Edgemoor is perched on the ‘Gateway to the Moor’, 1 mile from the small, but bustling town of Bovey Tracey which offers a wide range of shops and amenities including a health centre, several restaurants and public houses, primary school, post office and additional complimentary traders, additionally just 6 miles from Newton Abbot (where the mainline railway station to London Paddington can be picked up) and18 miles south west of Exeter. The A38 Devon expressway is approximately 3.5 miles which provides access to the M5, Exeter, Plymouth and Cornwall, the latter of which is just 45 minutes away via car.• Our Reference: CD-20145
• Former boutique country hotel
• Occupying a 2.5-acre rural setting
• 9 ensuite bedrooms (some now repurposed)
• 40-seater restaurant, lounge bar, bistro, function suite & snug
• 4 bedroom cottage ,2-bedroom headmasters house
• 2 x 2 bedroom bungalow
• Detached pottery (may have other uses STPP) & barn
• Internal areas total approx 12,000 sq footage
• FH Price: £1,950,000 Guide Price
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Listing Statistics
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
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Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
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Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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