Property specialist Stonesmith, of Exeter, has been instructed to sell the freehold of Wellington Farm, Wilmington, near Honiton.

Property specialist Stonesmith, of Exeter, has been instructed to sell the freehold of Wellington Farm, Wilmington, near Honiton.

Wellington Farm operates as an all year round bed and breakfast establishment with tea gardens opening from 2pm to 6pm between Easter and September. The present owners operate the business to suit their lifestyle but have built up an enviable reputation with a good level of repeat business. Wellington Farm also benefits from a roadside position, with steady passing trade.

The business is for sale due to the impending retirement of the owners who have taken a more relaxed approach to running the business. They do not actively market the business apart from through their web site www.wellington-farm.co.uk and admit that there is tremendous potential for new owners to develop and grow all aspects of the business to suit their needs. There is also an opportunity, depending on private accommodation requirements, to rent the annex cottage either as a holiday or long term let.

Wellington Farm is a substantial and deceptively spacious detached Grade II Listed Devon Farmhouse, which dates back to the 16th Century. It has been extended in recent years and the subject of considerable up grading and refurbishment, whilst retaining many of the original features, including exposed timber ceilings and feature inglenook fireplaces. The owners have also retained much of the charm and character of the property. Easily found, the Wellington Farm is in the heart of the village of Wilmington, in an area of outstanding natural beauty, between the market towns of Honiton and Axminster

The accommodation provides eight bedrooms in total, including two in a detached cottage to the rear of the farmhouse. The main sitting room and dining room are used by the guests with an adjoining kitchen that has been completely refitted. The owner's accommodation comprises a sitting room, dining room, 2 bedrooms and a bathroom. As well as the two letting rooms in the cottage there are 2 en-suite bathrooms, a kitchen and a lounge.

Externally the property is set in ground of over 5 acres which includes a raised deck tea garden and barbecue area with seating for approx 50 and customer and guest car parking. The surrounding grounds include a feature pond with 3 adjoining separate enclosed pastures. There is also a detached barn, 5 stables, a range of outbuildings, storage sheds and a garage.

An exceptional property with plenty of scope, Stonesmith are looking for offers based on an asking price of �675,000 for the freehold. Full details and viewing can be arranged through Stonesmith on 01392 201262 or www.stonesmith.co.uk