Glorious Country House Hotel For Sale

Business description

Offers Around: £795,000 Freehold

Glorious country house hotel in 3 acres with magnificent views. 9 lovely en suite bedrooms. 1 bed s/c owners' flat & PP to extend. £140,044 net t/o with much potential. Nestling in 3 acres of gardens and woodland in the heart of glorious rolling countryside, The Old Rectory stands beneath the majestic peak of Coniston Old Man and close to the tranquil shores of Coniston Water. As its name would suggest, the property was built for the Rector of St. Lukes at Torver - The Rev. Thomas Elwood - in 1868, in the traditional and imposing Victorian style of its era. The property remained in ecclesiastical use until 1959 when it became a private house. With 9 individually styled en suite letting bedrooms and separate self contained owners' flat, the property has readily lent itself to form a superb country house hotel in 1989 and also has links to Beattrix Potter through her husband William Heelis who was a trustee of the local school with Rev. Elwood. Coniston - Swallows and Amazons country - nestles in the lee of Coniston Old Man, the magestic mountain which overlooks the glistening serenity of Coniston Water, only a gentle walk from The Old Rectory's front door. Coniston Village boasts the fascinating Ruskin Museum with his former home Brantwood only a short gondola trip across the lake. With its Donald Campbell connection, Coniston holds a Water Speed Record Event every year while moving from horsepower to horse racing, Cartmel Race Course is close by as is the fashionable Edwardian resort of Grange-overSands with one of the mildest climates in the North of England. The present owners acquired The Old Rectory in 1999 and during their ownership have steadily upgraded this lovely country house hotel. The hot water system and central heating boiler have both been replaced as well as much of the furnishings. However, having thoroughly enjoyed their years at the hotel, the owners are now to retire to live in the north of the county.

THE PROPERTY
The Old Rectory is built in traditional Lake District style, partly in local stone and part rendered and under a pitched local slate roof. The accommodation is laid out on two floors. PUBLIC AREAS Vestibule, delightful and imposing reception hall which gives access to the conservatory-style dining room, usually set for 18. Residents lounge with glorious views over the surrounding countryside.

LETTING BEDROOMS
9 Letting Bedrooms to sleep 18 (9 double and/or twin). 5 bedrooms have en suite bathrooms with shower over while the remaining have en suite shower rooms. One bedroom has a four poster bed. All bedrooms have central heating radiator, colour television, CD player/radio/clock alarm, hairdryer, drinks fridge and tea and coffee making facilities.

OWNERS' APARTMENT
The resident owners have the benefit of separate and self contained accommodation which comprises of spacious entrance hall with fitted wardrobes and utility area, lounge with office area, bedroom with French windows to garden and en suite WC/wash hand basin as well as fitted wardrobes. Bathroom with 3-piece suite.

SERVICE AREAS
Large farmhouse-style kitchen with a range of modern fitted units and concealed lighting. Canopy and extraction. Staff WC. Store cellar.

OUTSIDE
A delightful winding lane leads to The Old Rectory with substantial gravel parking area. Attractive gardens and woodland.

SERVICES
South Lakeland District Council at Kendal. Mains water and electricity. Private drainage. Oil-fired central heating.

LICENCE
Premises Licence

2008 LISTINGS
visitBritain - 4 Star Silver Award (Guest Accommodation) Good Hotel Guide

TRADE
Certified accounts from the owners' Chartered Accountants in the form of a Trading and Profit and Loss Account shows (net) T/O of £140,044 for the year ended 31 March 2006 on which there were trading profits (before finance costs and depreciation) of £74,409. Please note that the business trades for 42 weeks each year. For the year ended 31 March 2007 net T/O reduced to £115,378 with corresponding trading profits of £59,809 due to substantially reduced summer occupancy due to ill health.

PRICE
Offers around £795,000 are invited for the freehold property complete with goodwill and trade contents (according to inventory) excluding personal items. Stock at valuation.

DIRECTIONS
Leave the M6 Motorway at junction 36 and travel along A590 through Levens and Newby Bridge. Turn right onto A5092 (signed Millom and Whitehaven) and travel only a short distance along this road turning right once again onto A5084 to Torver. At the T-junction turn right onto A593 and The Old Rectory will be seen on the right-hand side of the road, after approximately half a mile. Coniston 2 miles, Windermere 14, Kendal, Manchester 95 and London 284 miles.

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