The Grade II listed St Elizabeth’s House Hotel in Plympton St Maurice, Devon, has been bought by a private purchaser.
Set within 5.5 acres of landscaped gardens, the boutique hotel features 15 en-suite guest bedrooms and suites, and generated profits of more than £500,000 in its most recent financial year.
Originally built in the 17th century, the property has been restored and enhanced by its former owners, who have successfully developed a thriving hospitality business with multiple revenue streams, including weddings, fine dining and corporate events.
Teresa Isaias, the vendor of St Elizabeth’s House, said: “We have enjoyed every moment of building St Elizabeth’s House Hotel to a high level, and running it as a family business. We would also like to thank everyone for all the support and after 43 years we are very much looking forward to spending more time with our children and grandchildren.”
Matthew Smith, partner at Knight Frank, which facilitated the sale, added: “Acting on behalf of the Isaias family, we’re delighted to announce the sale of St Elizabeth’s House Hotel. Our confidential marketing campaign generated significant interest and further demonstrates the demand for regional country house hotels. We wish the new owners every success as they embark on this next phase of the hotel’s journey.”
