Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Horn of Plenty sale imminent

10 June 2010
Horn of Plenty sale imminent

The Horn of Plenty hotel and restaurant near Tavistock, Devon, is close to being sold to two first-time buyers.

Jule Leivers and Damien Pease are set to acquire the hotel, set within four acres in the Tamar Valley, from Paul Roston and Peter Gorton.

The country house property comprises 10 en suite bedrooms and a 60-cover fine-dining restaurant. It had been on the market with an asking price of £1.5m and has won accolades including three AA rosettes since 1991 and the Best Restaurant in Devon Award from the Good Food Guide in 2006

Commercial finance broker Christie Finance helped Leivers and Pease secure the funding for the property.

Oliver Johnson, finance consultant at Christie Finance, said: "Julie and Damien have the expertise and the passion to make the Horn of Plenty Devon's premier hotel and dining experience. In what remains a challenging lending environment, we were delighted to secure the necessary funds to helps them acquire this flagship business and wish them all the best with their new venture."

AA 3-rosette restaurants in England >>

By James Stagg

E-mail your comments to James Stagg here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.caterersearch.com/tabletalk

Caterersearch.com jobs

Looking for a new job? Find your next job here with Caterersearch.com jobs

[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking