Moorland Hotel in the village of Wotter, situated in the South Hams area of Devon, has gone up for sale with a price tag of £950k.
The hotel has been owned and operated by mother and daughter duo Rosemary and Patricia Dallas since 2002, who now wish to retire and take a step back from hospitality.
The Moorland Hotel comprises 18 bedrooms, a primary function room with seating for up to 65 guests, a secondary function room with seating for up to 35 guests, a separate bar, and a 45-cover restaurant.
Also included on the 1.75-acre site is a two to three bedroom bungalow with a garden and a self-contained two-bedroom apartment on the first floor of the hotel.
Both residences are currently occupied by the owners but offer the opportunity to be converted for use as additional guest accommodation.
Well placed to cater for the high numbers of tourists drawn to the scenic countryside and Devon coast, the business demonstrates strong and consistent levels of trade.
Rosemary comments: “The hotel is situated in a rural location on the edge of Dartmoor, yet only 8 minutes’ drive to Plympton and less than 30 minutes to Plymouth City Centre. This makes it not just a great position for a hotel, but a wonderful place to call home.”
Stephen Champion, senior business agent based in Christie & Co’s Exeter office, comments: “Rosemary and Patricia have done an excellent job improving and restoring the Moorland Hotel during their 16 years of ownership. The Moorland Hotel is located in a spectacular part of the Devon countryside, featuring views of both the sea and Dartmoor, a real draw for tourists travelling to the area. The business has demonstrated constantly strong levels of sales and profitability in recent years and has scope to further develop this trade, making this hotel an attractive proposition for a new operator.”