Local family pays £1.6 million for Teign Valley

The Teign Valley Golf and Hotel property in Exeter, located on the edge of the Dartmoor National Park in the United Kingdom was sold recently to a local family.
Strutt & Parker’s Leisure and Hotels Department handled the sale on behalf of the property owner, DC Hughes Ltd.
The sale price was reportedly close to the listing price of £1.6 million pounds, and was concluded in less than three months of its initial offering in September.

The Teign Valley course was opened in 1995 and designed by P. Nicholson. The new owners reportedly plan to grow the existing membership and reduce subscriptions. 

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