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16 bedroom detached house for sale
Teign Estuary
£1,500,000
Teign Estuary
£1,500,000
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 stunning vineyard and holiday accommodation business is situated on 14 acres of land overlooking the Teign Estuary. The property features a recently built 4-bedroom owner/manager residence, a contemporary restaurant and events venue, and 6 luxurious holiday lodges. The vineyard produces an average of 12,000 bottles of wine per year, and the business also offers wine tours and "Rent a Vine" packages. The bistro and Vintner Room are popular spots, with the latter capable of hosting up to 205 covers. The property has a natural spring on site, and there is potential to increase the number of lodges subject to planning permission. With excellent access to major roads and nearby towns, this business has significant growth potential and is an attractive opportunity for anyone looking to invest in a unique and thriving enterprise.