9 bedroom house

Stunningly located Dartmoor Bed and Breakfast with self-contained owner's accommodation, function barn and stables, all set in 3.01 acres of beautiful gardens and grounds. Wonderfully Located Bed and Breakfast, Breath-taking Moorland Setting, Currently 7 En-suite Guest Rooms, Finished to an Excellent Standard, Versatile Owner's Accommodation, Beautiful Gardens and Grounds, Wildlife Meadow, Stream and Paddock, Function Barn and Stables, 3.01 Acres in All, Duchy Leasehold, No Onward Chain. EPC Band: D

Situation - The Cherrybrook is located in the very heart of Dartmoor between the villages of Princetown and Postbridge, and surrounded by beautiful open moorland on every side. It is perfectly positioned for those wishing to explore all that Dartmoor has to offer, with notable local attractions including Wistmans Wood, Crockern Tor, Bellever Forest and Fernworthy Reservoir. Additionally, the East and West Dart rivers run nearby for those with an interest in fishing or other riverine pursuits, and there are countless walks, trails and footpaths on the doorstep.

The nearby village of Postbridge is very popular with visitors, walkers and explorers of the rugged landscape. Famous for its 13th Century clapper bridge, Postbridge is 5 miles from Princetown and 11 miles from Tavistock, which is a thriving market town forming part of a designated World Heritage Site, rich in history and tradition dating back to the 10th century. Today, Tavistock offers a superb range of shopping, recreational and educational facilities, including the sought-after private and independent school, Mount Kelly.

The Property - The Cherrybrook offers a simply wonderful home-and-income lifestyle opportunity in a setting that is truly hard to match. Believed to date back over 200 years, today the characterful former farmhouse offers seven high-quality en-suite guest rooms, all modernised to a very tasteful standard, which are served by an in-house dining room, bar and snug room. The rooms offer a complete range of sizes, including single, twin, double, king and family. Additionally, there is self-contained owner’s accommodation currently arranged: two reception rooms; en-suite bedroom; utility/office room on ground floor with two further rooms above, one of which is an en-suite double bedroom, the other a living room with kitchenette, thereby adding a further option for self-catering accommodation with separate external entrance. There is also scope for converting the West wing of the house into a two-bed self-catering annexe using the existing doorway to the rear parking area. Surrounding the house are some extremely well maintained very natural gardens and grounds, comprising several areas of meadow and wild garden in addition to an enclosed moorland paddock which extends to 3.01 acres in all. Externally there is extensive parking, a timber stable block and a detached function barn with power, lighting and water, broadening the property's appeal and suitable for a variety of potential uses.

The Business - The Cherrybrook is a very popular, dog-friendly Bed and Breakfast which is, naturally, extremely well-positioned for guests seeking to enjoy the huge number of pursuits that Dartmoor National Park and the surrounding West Country landscape has to offer. The current owners have established an excellent reputation and have formed strong links within the local community. Repeat trade is strong and guests review their stays at an average of 4.9/5 stars on Google, 5/5 on Trip Advisor and 9.4/10 on Booking.com (as at July 2021). The room rates currently range from £59 to £99 per night for the single and twin rooms, £75 to £120 for the double or king rooms, and £99 to £160 for the family room (depending on occupancy). Evening meals are currently available upon request, four days of the week, with an innovative take-away pizza night on Fridays (operating from the function barn) which brings in business and guests from the surrounding area. Whilst a healthy net profit is currently achieved, opportunities to build on the existing business exist, including expanding the options for dining, reconfiguring the owner's accommodation to provide additional rooms, or making further use of the function barn and stabling. Interested parties are encouraged to view the property's website, Accounts are available for inspection following a viewing of the premises.
 
The current Rateable Value is £8,800 (by internet enquiry with the VOA) with 100% Rural Rate Relief. Council Tax Band B. Fixtures and fittings to be included as per our clients' inventory. Stock to be sold at valuation on completion.

Services - Mains electricity, private spring-fed water. LPG-fired hot water system and oil-fired central heating. Private drainage via septic tank. Please note that the agents have neither inspected nor tested these services.

Tenure - As with many properties in the heart of Dartmoor, this property is being offered with a Duchy of Cornwall Lease running for a term of 30 years from 2011 (20 years remaining). The rent is £12,320 per annum inclusive. Duchy Leases are generally not mortgageable. For further details on the terms of the lease and process for renewal etc., please contact Stags.



Marketed by: Stags, Tavistock