Tue, 10 Oct 2023 | COMMERCIAL PROPERTY
Scafell Hotel, a country hotel and inn located in the village of Rosthwaite in the Lake District National Park, has been put up for sale due to its current owners retiring. Colliers are marketing the hotel for sale, with offers in the region of £2.75 million being sought.
The hotel is set in approximately five acres of grounds and features 23 en-suite bedrooms, a 60-cover restaurant, self-contained Riverside Bar with 50 covers, several lounges and ample car parking. There is also reportedly scope to establish four glamping pods within the hotel’s paddock.
The property also has a self-contained one-bedroom owner or managers flat on the first floor, which features a lounge, dining room, and en-suite bathroom, as well as three staff bedrooms which share a communal bathroom.
It is located close to Lakeland fells, including Scafell Pike, Dale Head, Great Gable, High Spy and Great End. The property was last marketed for sale more than 50 years ago, having been acquired by its current owners in 1971, and was previously a private residence for artist Mary Barker.
The sale of the former 18th century coaching inn is being handled by Colliers’ Head of UK Hotels Agency Julian Troup. Colliers could also give consideration to a lease agreement on the property and business.
Commenting on the sale process, Julian Troup said: "Scafell Hotel is a very well-known Lakeland trading hospitality business that we believe will attract significant interest. Colliers has sold more than 50 hotels in the region and associated hospitality businesses since the beginning of 2021 and I am sure Scafell will soon be added to that list of successful sales."
Find out more about recent M&A trends in the UK's hotel sector
One of the finest and established private hotels in the area, the business is run completely under management.
FREEHOLD
This is an award-winning superlative country house hotel offering panoramic sea views, and located in Argyll.
FREEHOLD
The business is a well-established village inn with outstanding reputation. Prominent location close to all amenities and transport links.
17
|
Jul
|
Buyer sought as micro turbine manufacturer falls into administration | ADMINISTRATION
Administrators are seeking a buyer following the collapse of...
17
|
Jul
|
Electrical engineering business acquired by Mitie at 3.8x EBITDA | BUSINESS SALE
ESM Power, a high voltage electrical engineering business, h...
17
|
Jul
|
Aliter-backed company acquires air compressor maintenance specialist | BUSINESS SALE
Engineering services provider Edwin James Group, which is ba...
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
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.