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Kendal Hostel, 118-120 Highgate, Kendal, LA9 4HE

£775,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • 13 rooms (sleeps 46)
  • 3 separate bedsits
  • Non serviced accommodation
  • Excellent town centre location
  • Redevelopment potential (STPP)
  • Energy Rating C
  • Christie & Co Ref: 6445190

Description

Description

Built in 1859, by the Wilson family of Dallam Tower, this grand Georgian townhouse is located on Kendal’s main street. Today, this independent hostel stands adjacent to the popular Brewery Arts Centre that hosts shows, concerts, festivals, exhibitions and workshops through the year.

Location

The Lake District is England's largest National Park and attracts around 18 million visitors annually. The park contains 64 lakes and 200 mountains and there are a wide variety of opportunities for outdoor pursuits, visits to gardens, castles, stately homes and attractions. Kendal is a busy market town, a gateway to the National Park, the administrative centre for the Lake District and a centre for tourism. Lancaster lies circa 18 miles to the south and Carlisle circa 60 miles north, the hostel occupies a central position at the junction of the A6 and A591 in the northwest of the town centre. The M6 motorway is approximately eight miles away and the railway station is only a short walk from the property and has a direct line to Manchester city centre and Manchester Airport.

Internal Details

The historic building has been cleverly arranged to include the following:
Living room and reception area, commercial kitchen, dining room, 13 Bedrooms – sleeping 46, five en suite shower rooms, four additional shower rooms, four WCs and a large dry cellar divided into two areas.

Letting Accommodation

With separate external access the property also incorporates:

Three self-contained bedsits each with lounge/bedroom with double bed, kitchenette, en suite shower room.

External Details

Bike Store, Bin Store, Washing lines

The Opportunity

The owners currently operate the hostel and bedsits as non-serviced accommodation marketed through their own website and Airbnb. There is the potential for a new owner to continue to run the business as it currently is however we anticipate that a purchaser will see the potential to develop the business further, subject to planning consents, in the visitor accommodation and hospitality sector or adapted to become a HMO.

Please note that the front of the property sits within a conservation area. We are advised that the Grade 2 Listing relates to the sash windows, main staircase and two period fireplaces. There is gas central heating throughout the property.

Trading Information

Available on request.

Energy Performance Certificates

EPC 1

Brochures

Kendal Hostel, 118-120 Highgate, Kendal, LA9 4HE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Kendal Station0.6 miles
  • Oxenholme Lake District Station1.8 miles
  • Burneside Station2.2 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 6445190-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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