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Latimer House Hotel, Lake Road Bowness-on-Windermere Windermere, Cumbria, LA23 2JJ

£925,000

Business rates & charges may apply

Christie & Co, Hotels
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SECTOR

Hotel for sale

Key features

  • 7 superb en suite bedrooms
  • Turnover c. £196,000, ANP £120,000
  • Excellent trading location, year-round trade
  • Easily managed lifestyle business
  • Close to village centre & Lake Windermere
  • Well maintained & excellent presentation throughout. Energy Rating D
  • Christie & Co Ref: 6445175

Description

Location

Located in a prime position within easy walking distance of shops, cafes, restaurants and bars. Five minutes’ walk from the shores of Lake Windermere.

Prominently positioned in the popular village of Bowness-On-Windermere, in the heart of the Lake District National Park, an area that receives over 18 million visitors per year, leisure visitors are drawn to the beautiful scenery, rich heritage and excellent local food and drink offering.

This popular, easily managed guest house, benefits from a strong year round trade which has undergone a full refurbishment program and been remotely operated by the current owners with electronic entry systems allowing easy access for the modern visitor.

This lifestyle business also benefits from four private parking bays and a double garage. There is additional potential to develop the large cellar area to create manager/housekeepers accommodation.

Internal Details

The hotel is accessed via steps from the pavement and access beyond the front porch is by electronic entry system which, along with the bedroom locks, is operated by the owner from an app.

This bright and airy property, with period features, offers seven bedrooms that located on the first and second floor along with two staff store rooms, a cloakroom WC and large basement. All bedrooms offer spacious en suite shower rooms with large, walk-in showers

Ground Floor

Spacious Hallway
Two superior king size bedrooms each with private terrace over looking the garden.
One superior king size bedroom
Storeroom for laundry etc

Other Floors

First Floor:
Two superior double size bedrooms
One superior double bedroom suite (with separate lounge/TV room)
One superior king size bedroom
Storeroom for laundry etc
Cloakroom WC
Boiler room

Basement - full height and has the same footprint as the main building:
Tiled and panelled
Three large rooms
Two small rooms
Potential to be developed into managers/housekeeper accommodation

Fixtures & Fittings

All fixtures, fittings and furnishings are to be included within the sale. Please request confirmation of this prior to offer.

Letting Accommodation

All rooms have electronic entry system, tea and coffee making facilities and large screen Smart TV’s. All bedrooms offer spacious en suite shower rooms. Presented to a very high standard throughout.

External Details

Easily maintained garden to the side with lawns and shrubs
Private parking spaces for four guest cars
Double garage offers two additional parking spaces

The Opportunity

The current owners have invested in significant upgrades and refurbishments to create a boutique and welcoming property that they have transformed to meet the expectations of today's discerning visitor in this very popular destination, and they are now looking to retire.

The business is currently trading successfully with an easy to operate, straightforward, hands-free operation utilizing electronic entry and payment systems, no reception service or breakfast service. Guests communicate via phone or message with owner making excellent lifestyle business.

The property offers scope to develop the basement area into accommodation for manager/housekeeper.

Trading Information

Turnover is circa £196,000 producing an adjusted net profit of £120,000 allowing for depreciation, loan interest and motor expenses.

Business Rates

Confirmation of business rates payable should be obtained from the local authority.

Energy Performance Certificates

EPC 1

Brochures

Latimer House Hotel, Lake Road Bowness-on-Windermere Windermere, Cumbria, LA23 2JJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Windermere Station1.0 miles
  • Staveley Station3.9 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 6445175-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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