Grade II Victorian villa and lucrative bed and breakfast business in Devon sold

22 October 2020

Stonesmith have sold the freehold of The Duke of Tavistock Bed & Breakfast, a substantial and impressive Grade II listed Victorian Villa.

The property occupies a prominent position on the A386, Plymouth Road, overlooking the Meadowlands Park which leads down to the River Tavy, within the heart of the thriving market town of Tavistock.

The property was built between the 1820’s and the 1840’s by the 7th Duke of Bedford, who built the Georgian and early Victorian Villas along the Plymouth Road for the gentry, professional classes and wealthy citizens of his time. The well-appointed property has been the subject of extensive and sympathetic renovation and refurbishment in recent years.

The Duke of Tavistock Bed & Breakfast comprises six Ensuite Letting Suites with genuine potential to create a seventh suite.

Mike Phillips, Director of selling agents Stonesmith commented: “Acting on the instructions of owners Dan and Andrea Staples, we received significant interest and multiple offers, and a sale was quickly concluded. Even in these unprecedented times, there continues to be strong interest in hotels and guest houses throughout the South West.”

The freehold of The Duke of Tavistock was sold off an asking price of £845,000.