Former River Yealm Hotel - closing date for submission of offers 12 noon 23rd September 2016
14th August 2016
14th August 2016
The former River Yealm Hotel at Newton Ferrers in the South Hams, which ceased trading in 2011, has come to the market with the Land Department and the Newton Ferrers branch of Marchand Petit Estate Agents and joint agent Savills, at a guide price of £1,500,000 with the closing date for submission of offers at 12 noon on the 23rd September 2016.
The site, which extends to 2.04 acres, includes the original hotel building dating back to 1898, together with an adjacent detached accommodation block, providing four 2-bed ‘harbour side apartments’.
The buildings are set within extensive grounds to the west and north, a significant part of which is woodland. The property also comprises part of the foreshore on the southern side of Yealm Road, together with two leasehold interests in part of the fundus where the old jetty was situated.
The topography of the site provides a stunning south facing aspect with wide ranging views across the River Yealm and Newton Creek.
Andrew Biggs Land Manager for Marchand Petit is marketing the former hotel with assistance from the Newton Ferrers branch. He comments: “We are delighted to be instructed on this unique property in Newton Ferrers - a popular waterside village on the banks of the River Yealm Estuary and within an Area of Outstanding Natural Beauty.”
Andrew anticipates interest from hoteliers as well as residential developers for this stunning property providing excellent views in a popular South Hams location.
The property is being offered in its entirety or in two lots. Marchand Petit Estate Agents and joint agent Savills are inviting offers which are unconditional in respect of planning. For further information, contact Andrew Biggs on 01548 233100 or Marchand Petit Newton Ferrers on 01752 873311.
At Marchand Petit we are working to adapt our business to meet the daily challenges during these challenging times.As a company we are committed to providing an exceptional service as normal, however in light of recent government guidelines we have made the decision to restrict public access to our branches.
To adapt to these new guidelines a number of key workers will continue to work remotely to ensure business will continue as normal by email and phone until further notice. Please call your local branch or department number to speak to a member of our team. Click here for a list of branch numbers. We would like to thank you all for your understanding during these unprecedented times and we will continue to update you.
From all of us at Marchand Petit