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Applegarth Villa Hotel, College Road Windermere, Cumbria, LA23 1BU

£4,250,000

Business rates & charges may apply

Christie & Co, Hotels
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SECTOR

Hotel for sale

Key features

  • Superb luxury boutique 5-star hotel
  • 22 individual sumptuous bedrooms & suites
  • Large detached owner's accommodation
  • Popular restaurant & bar
  • Large car park
  • Highly profitable with excellent trading accounts. Energy Rating C
  • Christie & Co Ref: 6445189

Description

Description

Applegarth Villa Hotel stands out as the premium, luxury, hotel in the popular village of Windermere. Developed by the current owners to create a destination in its own right, this superb hotel offers guests a unique, tranquil retreat for relaxation and privacy whilst being ideally placed close to the village centre and the local attractions and amenities.

Consisting of three different buildings across the compact site, the business and the property is easily managed. The main building, the original villa, includes a reception area with imposing oak staircase, a characterful bar and lounge in addition to a beautifully presented restaurant along with 15 individually designed letting bedrooms. The second building, standing adjacent, offers seven impressive suites, each with its own balcony and hot tub. The third building is a detached house that is currently utilised as the manager’s accommodation.

Location

Applegarth Villa is located in Windermere in the heart of the Lake District National Park making it the ideal base from which to explore the popular villages of Grasmere, Bowness-On-Windermere and Ambleside, just a few minutes from the shores of Lake Windermere ideal for those wanting to enjoy the great outdoors.

The location is ideal for those arriving by car, being just 15 minutes from the M6 and for those arriving by train it is an easy walk of less than five minutes from Windermere Station where the local train connects to the West Coast main line at Oxenholme providing direct links to London, Glasgow and Edinburgh and also direct services to Manchester International Airport.

Internal Details

The “Villa Bar & Lounge” provide both hotel and public guests a welcoming place to relax and enjoy a drink beside the fire in the oak panelled lounge. The bar and lounge are accessed from the open reception area, which has an eye-catching stained-glass windows.

The “Villa Restaurant” (44 covers) is located within the imposing conservatory area where guests can relax and dine whilst enjoying watching the sun set over the hills. Stepping out from the restaurant and bar is a large outdoor patio area, popular on summer afternoons for a drink or afternoon tea.

Manager's Accommodation

Located in the grounds, to the rear of the hotel is the large manager’s accommodation with lounge, kitchen, two en suite bedrooms and private courtyard.

Planning consent has been received to convert this building into two further superior suites each of which will command premium rates and would collectively contribute additional profit to the trading business.

Letting Accommodation

Comprising of 22 high quality, beautifully presented letting bedrooms and detached balcony suites with hot tubs, all are double occupancy with smart en suites.

Each room is individually styled and offer a variety of spa baths, sun terraces and hot tubs.

Three of the suites are dog-friendly which is a significant benefit given the affluent clientele and Lake District location.

The rooms are arranged as follows:

External Details

The hotel occupies circa 0.65 acres including a large, private, car park to the rear of the hotel along with outside seating area. The two ground floor rooms are accessible directly from the car park and feature hot tubs.

Other Property

The main building includes a medium size commercial kitchen that leads directly out to the dining area.

The basement area of the detached second building is where the boilers and the storage is located, along with the CCTV system.

The Opportunity

The hotel offers an outstanding opportunity to acquire a highly successful, high quality hotel asset in an excellent tourist location generating significant trade but with the opportunity to add further growth through possible conversion of the manager’s accommodation to further letting accommodation or leisure; increasing F&B income through utilising the restaurant for lunches (which is something the present owners are starting to achieve) and through driving RevPAR growth.

The hotel benefits from outstanding occupancy in the summer months in excess of 90% and to Year End 30th April 2023 generated an impressive £1,050,211 turnover (net) with a significant profit margin. The sale of the Applegarth Villa Hotel offers the opportunity to acquire a well established and popular hotel business located in the heart of one of the most popular tourist areas of the United Kingdom, The Lake District.

The business is highly acclaimed including AA Rosette Award, AA Breakfast Award, AA Dinner Award, Cumbria Tourism Guest Accommodation of the Year Finalist 2016 Voted the 12th most romantic and 13th most luxurious hotel in the UK 2019 TripAdvisor Travellers Choice.

Energy Performance Certificates

EPC 1

Brochures

Applegarth Villa Hotel, College Road Windermere, Cumbria, LA23 1BU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Windermere Station0.2 miles
  • Staveley Station3.6 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

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Disclaimer - Property reference 6445189-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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