Hotels

East Devon hospitality opportunity comes to market for £1.4m

Glebe Farm, described as a “unique hospitality business opportunity” located in the Devonshire countryside has been brought to market for a price of £1.4m.

Glebe Farm is thought to date back to the late 17th Century and was originally built as a vicarage. The Grade II listed building is now a character property, which has undergone an extensive refurbishment and development programme in recent years, and now comprises a hospitality business in addition to family accommodation.

The recently converted barn includes a large function room, two reception rooms and seven en-suite bedrooms, along with a fully functional commercial kitchen, three bedroom cottage which is wheelchair accessible and two bedroom cottage.

Glebe Farm is situated just outside the East Devon village of Payhembury, between Honiton and Exeter.

Stephen Champion, associate director at Christie and Co, who is handling the sale, said: “Glebe Farm presents a truly unique opportunity for a new owner to run a multitude of different businesses from the property, or alternatively it may suit a family looking for a property that provides accommodation for multi-generational living.

“The barns have not been let since being converted and are ready to begin trading immediately without any further decoration. We have no doubt this property will generate considerable interest from a range of buyers who can see the extensive potential on offer.”

Chris Clifford, associate director at Savills Exeter, added: “Set in a splendid countryside location, with an atmospheric family home packed full of character and a courtyard of beautifully converted barns, Glebe Farm is a hugely appealing proposition. The courtyard buildings are high quality, flexible and eco-friendly – representing an exciting blank canvass for a lifestyle business.”

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