Thu, 25 May 2017 | COMMERCIAL PROPERTY
Miller Howe house, one of the Lake District's most famous country estate hotels and restaurants, is now accepting offers for £3m and above.
The sale is being conducted by head of UK Hotels Agency at Colliers International, Julian Troup, almost 20 years after she first sold the property on behalf of celebrity chef John Tovey in 1998.
The AA three-star hotel on Rayrigg Road, which overlooks Windermere Lake, is situated in around four acres of landscaped grounds. The house itself has 15 en-suite bedrooms, a critically acclaimed restaurant, residents' bar and conservatory and parking for 30 cars. Planning permission has been granted on two additional en-suite bedrooms, as well as an extension of the conservatory.
The house also comes with Miller Howe Cottage, a detached former cottage converted into additional letting accommodation with shoreline lake views.
Mr Troup said: “Miller Howe is arguably the most high-profile and prestigious country house hotel in the Lake District National Park, offering unrivalled views over Lake Windermere. Its landmark status means we are confident of attracting strong interest from both domestic and international prospective buyers.
“Due in part to the fall in the value of the pound against the euro and the dollar, around 15 per cent of our UK hotel sales in the past 12 months have been to overseas buyers and there’s every indication that this trend will continue and indeed, strengthen.”
Miller Howe is the latest in a line of Lake District’s premier country house properties to be offered for sale following the recent acquisition by Thwaites of Grade Two-listed Langdale Chase Hotel, also overlooking Lake Windermere.
The Company is a highly regarded building contractor, predominantly providing its services to clients in the commercial and retail sectors. The Company has experienced considerable growth since its foundation, with the strength of its workforce and s...
LEASEHOLD
Highly successful specialist agency operating for over nine years. Provides comprehensive cross-border debt recovery services for overseas banks with large UK portfolios of credit card debt. Primarily recovers debt from UK residents which was incurre...
LEASEHOLD
Provides cost-efficient, reliable general haulage services across the UK, specialising in same-day and next-day deliveries. Operating nationally, the company currently caters to 25 active clients nationwide, all of whom provide reliable, repeat busin...
LEASEHOLD
15
|
Jan
|
Buyer sought for portfolio of pubs | BUSINESS SALE
Five pubs that formerly operated under the Authentic Alehous...
14
|
Jan
|
Acquisitive RSK Group completes trio of deals | BUSINESS SALE
Cheshire-based technical services consultancy RSK Group has ...
13
|
Jan
|
Heat transfer equipment manufacturer falls into administration | ADMINISTRATION
Coventry-based Covrad Heat Transfer has fallen into administ...
Sign up to receive our acquisition alert emails to get your FREE guide
02
|
Dec
|
Administrators put cut price Bicester boutique hotel up for sale | BUSINESS SALE
The Manor, a 32-bedroom hotel near Bicester, Oxfordshire, ha...
26
|
Nov
|
Monmouthshire country hotel changes hands | BUSINESS SALE
A popular country hotel at the gateway to the Brecon Beacons...
15
|
Apr
|
Huge demand for provincial UK hotels from overseas buyers | BUSINESS SALE
Overseas buyers are swooping in to buy UK hotels, as they se...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources