Famous Lake District hotel for sale at £2m

Tue, 30 Jan 2018 | COMMERCIAL PROPERTY

A famous hotel in the North of England which welcomed guests such as art critic John Ruskin and biologist Charles Darwin has been put up for sale.

The Waterhead Hotel in Coniston has been marketed by Colliers International, who are acting on behalf of The Post Office Fellowship of Remembrance (POFR), with an asking price of £2 million.

The property, which has been operating as a hotel for more than a century, boasts 24 bedrooms, space for a restaurant and landscaped grounds and gardens that extend over four acres. The hotel also includes a conference and meeting rooms, suitable either for weddings or business events.

Colliers, a specialist commercial property firm, notes that the Lake District’s recent World Heritage Site status is driving demand for properties in the area.

The designation, awarded to the Lake District National Park area in July 2017, has also seen many more tourists and potential customers come to the area, says Julian Troup, Head of UK Hotels Agency at Colliers.

Troup added that he was “delighted” to bring the Waterhead Hotel to the market.

He continued: “It is an established and well-known hotel operating with a healthy trading base. We are anticipating a favourable response to the marketing, particularly bearing in mind it is so rare to see a Lakeland hotel with actual lake frontage coming to the market.

“We have seen significant demand from both domestic and overseas buyers keen to acquire UK provincial hotels and the Lake District continues to be our most productive area of demand. We are already experiencing heightened demand for the Lakes on the back of it recently being designated a UNESCO world heritage site, being one of the UK’s premier tourist destinations.”

The hotel is situated on the outskirts of Coniston Village in the Lake District, with views out over Coniston Water and to the fells beyond it.


Share this article



Latest Businesses for Sale

Wood Burning Stoves Retailer
North Yorkshire, Yorkshire and the Humber, UK

Lifestyle wood burning stoves retailer, iInstaller and wholesaler: Includes stones and reclaim / salvage business. This is a well established family business within the fashionable and lifestyle choice sector of wood-burning stoves. These stoves are...

Asking Price: £165,000
Turnover: £746,000

LEASEHOLD


Fireplace Surround Business
West Midlands, UK

Renowned and respected business, favoured by customers for its unique product offering and its excellent service. Established in 1990, the business has overcome several recessions, continually growing its reputation, workload and customer base. The c...

Asking Price: £750,000
Turnover: £750,000

LEASEHOLD


Garden Machinery Lawnmowers Tool Hire Business
North Wales, Wales, UK

Garden machinery, tool hire, lawnmower sales and repair business, ideally situated within a popular residential area in North Wales. The business is split over two sites, one is a retail unit with workshop, close to the town centre, whilst the larger...

Asking Price: £225,000
Turnover: £310,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
17
 
Nov
 

Warm Zones enters administration | ADMINISTRATION

A North Shields-based non-profit business dedicated to helpi...

 
15
 
Nov
 

Berketex Bride enters administration | ADMINISTRATION

With over 50 years in selling wedding dresses, Berketex Brid...

 
13
 
Nov
 

Intermet Refractories completes MBO deal | MBO/MBI

Intermet Refractories, a metal casting component manufacture...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
24
 
Jan
 

Manchester's CIS Tower up for sale 'for £50m' | COMMERCIAL PROPERTY

The iconic CIS Tower in Manchester, the former home of the C...

 
09
 
Sep
 

New Ellington Hotel in Leeds for sale | BUSINESS SALE

A boutique hotel in Leeds has been put up for sale shortly a...

 
19
 
Feb
 

Buyers sought for Gloucestershire Hotel on the Park | ADMINISTRATION

The Hotel on the Park, located in Cheltenham, Gloucestershir...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources