I have now up-dated the hint as the cache has been muggled yet again. Bovey Tracey takes its name from the River Bovy (or Bovi) which passes through the town and which is now known as the River Bovey. The second half of the name is from the De Tracey family who settled in the area after 1066, and who were Lords of the Manor. De Tracey added his name to that of Bovey re-naming the town Bovey Tracey. He is said to have lived in Manor House in East Street that was built in about 1200. In 1260 a Fair and Market Charter was granted to the town and there is still a farmers market in the town center on alternate Saturdays.
The Town Hall is a Grade II listed building constructed from granite and shale stone rubble with a hipped roof. It was built in 1866 at a cost of £1300 and was originally described as a Vestry and Town Hall with police cells and a constables residence. Outside the Town Hall stands the war memorial which used to be the old market cross.
The cache is NOT inside the red telephone box. You will need to use stealth at all times as this area is usually very busy with shops, take-away and several public houses nearby. Please replace exactly as found.