Castle Inn - a freehouse, hotel and restaurant on the western slope of the Dartmoor National Park - has been sold off a guide price of £1.25m.
The Elizabethan property was built in 1550 in the Devon village of Lydford, which is famous for its castle and its gorge walk through oak woods to the 90-foot White Lady Waterfall.
Along with nine en-suite bedrooms, the inn offers a 32-seat restaurant, a 32-seat bar, a 16-seat snug, a 24-seat residents' lounge and a lounge-bar with two open stone fireplaces.
Outside there is a lawned beer garden and patio to seat 36 more customers; a four-bedroom owners' cottage, and one acre of pony paddock and stables.
The Exeter office of Christie + Co sold the freehold on behalf of Heavitree Brewery to Cornish independent regional operator St Austell Brewery.
By Angela Frewin