Ambleside Lodge For Sale

Business description

Offers Around: £1,995,000

Glorious character high turnover country house. 18 superbly appointed en suite bedrooms. 2 bed owners' flat, car & substantial gardens. £284,813 net t/o with substantial profits on B&B only. Ambleside Lodge was originally built in 1875 as an Army General's residence and named Rothay Holme after the River Rothay which flows from Grasmere into Lake Windermere. Later in its life, it was both council offices and offices for The National Trust before undergoing a superbly crafted refurbishment to create luxury B&B accommodation in 1997. All of the 18 en suite letting bedrooms are individually styled with differing decor and amenities which include 9 four poster rooms all of which are to a standard of luxury rarely seen in the area. Set amid over 2 acres of landscaped gardens and grounds, there is also the advantage of recently refurbished 2 bedroom accommodation for the resident owners. Ambleside, in the heart of the Lake District National Park is situated just half a mile from the northern end of beautiful Lake Windermere where Ambleside's distinctive slate green buildings merge harmoniously with the surrounding fells. To the north is the spectacular Fairfield Horseshoe which rises to nearly 3000 ft. to dominate the skyline, contrasting with the gentle Loughrigg Fell to the west beneath the bubbling River Rothay which meanders from Grasmere to Ambleside and on into Lake Windermere. This delightful corner of the Lake District continues to attract an ever higher level of visitors throughout an increasing tourist season. The present owners acquired Ambleside Lodge in 2006 and during their ownership they have continually upgraded and improved this delightful property. However, they now wish to spend more time with their growing family and have decided to move on, allowing them to offer for sale this highly profitable business.

THE PROPERTY
Ambleside Lodge is built of traditional local stone and under a pitched slate roof with accommodation laid out on lower ground, ground and two upper floors.

PUBLIC AREAS
Reception hall, a delightful character area with tall ceilings and reception area. Breakfast room to seat 28 having additional external access. Some of the letting bedrooms have their own dining area and are able to enjoy room service.

LETTING BEDROOMS
18 Letting Bedrooms to sleep 35 (16 double, 1 twin and 1 single). 16 have en suite bathrooms while the remaining 2 have en suite shower rooms. 9 have four poster beds and Jacuzzi baths. All bedrooms have central heating radiator, digital colour television with DVD player, radio/clock alarm, hairdryer and tea and coffee making facilities. Some of the bedrooms also have a dining table and chairs. Please note that there is an additional single room which is only let as additional accommodation to one of the other bedrooms.

OWNERS' ACCOMMODATION
The owners have the benefit of a separate and self contained flat comprising living room with kitchen area having a range of modern fitted units, 2 good size bedrooms and bathroom as well as study/store.

SERVICE AREAS
Kitchen with a range of modern fitted units and 2 drying rooms. Utility room and laundry cupboard.

OUTSIDE
Ambleside Lodge is set in over 2 acres (unmeasured) of landscaped gardens and grounds. Sweeping driveway to large gravel parking area. Delightful herbaceous borders and mature trees together with substantial adjacent paddock which has previously been used for camping exhibitions, to add to the present income.

SERVICES
South Lakeland District Council at Kendal. Mains water, electricity, drainage and gas. Gas-fired central heating.

2008 LISTINGS
AA 4 Star Guest Accommodation

TRADE
Certified accounts from the owners' Chartered Accountants in the form of a Trading and Profit and Loss Account show trading profits (before finance costs, depreciation and professional fees) of £155,240 for the year ended 31 January 2008 on net t/o £284,813.

PRICE
Offers around £1.995m for the shares of the company complete with property goodwill and trade contents (according to inventory), excluding personal items and trading stock.

FINANCE
Colliers Robert Barry is able to assist prospective purchasers by introducing sources of finance if required. Whilst we do not charge the buyer for this service, we may receive an introductory commission from the lender or broker involved.

TO VIEW
All appointments to view MUST be made through the vendors' agents who are acting with sole selling rights.

Property information

Property:

Freehold