Teign Estuary 16 bed detached house for sale

>

Teign Estuary 16 bed detached house for sale

Teign Estuary
£1,350,000

Our Summary

  • Introduction - This long-established vineyard has received significant investment in recent years, now providing a profitable platform for future growth with excellent potential, in a stunning hilltop location
  • Overall, significant growth could be achieved through the ‘Vintner’ events room, only recently completed and potential development increasing the lodge numbers, subject to planning
  • With the wine tours and the lodge accommodation also providing a good source of customers for food and wine sales, with this only increasing if the accommodation was increased in the future, subject to planning
  • Potential exists within the grounds to increase the number of lodges, subject to the relevant permissions being sought
  • A natural spring is located on the land and previously had permission to extract 20,000 litres per day, that would require updating, which potentially provides a separate opportunity to create local spring water to sell

Description

This attractive vineyard and holiday accommodation business is situated in a stunning location overlooking the Teign Estuary, with 14 acres of land. The property features a recently built owner/manager's residence, a long-established vineyard producing 12,000 bottles of wine per year, a contemporary restaurant and events venue, and six luxury holiday lodges. The business has received significant investment in recent years and has a strong potential for growth, with opportunities to increase the number of lodges and develop the events venue. The vineyard also offers wine tours and "Rent a Vine" packages, and the restaurant and events venue have a maximum capacity of 205 covers. The property has excellent access to major roads and amenities, including a train station and nearby coastal towns. The business is a unique and profitable opportunity for an investor or entrepreneur looking to establish a successful wine and hospitality business in a beautiful and tranquil setting.