Dartmoor Lodge Hotel has been placed on the market, with global real estate advisor Colliers International saying offers in the region of £1.7m will be considered.
It occupies a prominent roadside position near the Devon Expressway between Exeter, Plymouth and the South West.
Its recent refurbished business generated net sales of circa £1.2m.
Ed Jefferson from Colliers International’s hotels team, commented: “Situated just off the main A38 main route to the South West, this elegant hotel is within the southern boundary of the Dartmoor National Park. Torbay and the South Hams are within easy driving distance. The hotel makes the perfect base to explore the region.”
He added: “Attractions include walking, horse riding, shooting and fishing. The tourist destinations in the area include Buckfast Abbey, the Dartington Centre, Torbay, Dartmouth and the National Trust-owned Castle Drogo.”
The property sits in 1.65 acres of ground and has 23 en suite letting rooms, meeting rooms, a charming oak-beamed restaurant with 70 covers as well as one-double bedroom staff accommodation and a private five-bedroom flat for the owners.