10 bedroom guest house for sale

Elder Grove, Lake Road, Ambleside, Cumbria, LA22 0DB

Offers in Region of £945,000

Property Description

Commercial information

  • Business for sale
  • Use class orders: C1 Hotels

Full description

Tenure: Freehold

Elder Grove occupies one of the best trading positions in Ambleside, being on the main road between the village and Waterhead. A lovely Victorian detached property of immense charm and character, Elder Grove has seen modern appointments and facilities carefully interwoven into its many charming original features, so that the guest house is appointed and furnished to the very highest of standards. The accommodation is particularly flexible with the current owners choosing to trade from the ten en suite letting bedrooms giving them separate three bedroom and very spacious owners' accommodation. However, it can readily be traded with eleven en suite letting bedrooms and two bedroom owners' accommodation if desired. With the added advantage of tarmac car parking and small garden, this makes Elder Grove stand out amongst other guest houses in this delightful village.

Ambleside is in the heart of the Lake District National Park, just half a mile from the northern end of beautiful Lake Windermere where Ambleside's green slate roof buildings merge harmoniously with the surrounding fells. To the north is the spectacular Fairfield Horseshoe which rises to over 3,000 feet 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 in to Lake Windermere. This delightful corner of The Lake District continues to attract ever-higher levels of visitors throughout an ever-increasing tourist season.

Elder Grove is currently run by the second generation of the same family, who have owned Elder Grove since 1979. During their ownership, they have completely refurbished Elder Grove and have significantly upgraded, refurnished and re-carpeted this lovely guest house. Having fastidiously maintained the property to the highest of standards, they have continually retained a 4 Star Silver Award with Visit England but are now using Cumbria Tourism's ''Quality Cumbria Scheme'', their quality of welcome has allowed them to enjoy an exceptional level of trade with an outstanding level of return and recommended business. Having enjoyed their many years at Elder Grove and with their family having grown up, they are now looking to retire from the hospitality industry.

THE PROPERTY

Built in traditional-style construction with stone walls and under a pitched slate roof, this detached property occupies a sloping site and has accommodation laid out on lower ground, ground and two upper floors.

PUBLIC AREAS

Porch leading to reception hall. The residents lounge is a delightful room with feature bay window and cornice, inset gas fire and slate surround and hearth. The lounge bar has a slate bar and storage cupboard. Breakfast room with delightful feature stone walls and matching fireplace and seats 22.

LETTING BEDROOMS

10 letting bedrooms to sleep - 18 (8 double and 2 single). All have en suite bathrooms with over bath shower, central heating radiator, Wi-Fi, flat screen TV, hairdryer and tea and coffee making facilities.

Please note that the owners have two additional beds which can be added to a double room to give additional family bed-spaces.

OWNERS' ACCOMMODATION

The owners have the benefit of particularly spacious duplex accommodation comprising of lounge with feature high cornice ceiling and bay window. Log burning stove in a tiled hearth. Inner hall. Sunroom - an attractive double aspect room with Juliet balcony which gives lovely views to the lower slopes of Wansfell Pike, Fairfield and Loughrigg. Dining room having patio doors giving access to the garden at the rear and having separate internal staircase leading to the upper level of owners' accommodation. Double bedroom with en suite bathroom. This room can readily be used as additional letting accommodation if desired. Second double bedroom with a range of fitted wardrobes and single bedroom. House shower room having a three piece suite and heated towel rail.

SERVICE AREAS

Good size, well laid out kitchen with canopy and extraction. Laundry room having separate WC and wash hand basin and storage facilities. Office with boiler room off.

OUTSIDE

Attractive forecourt garden. Side tarmac driveway to parking area. Delightful small garden laid out in a low maintenance style with decking and timber garden store having electrical point.

SERVICES

South Lakeland District Council at Kendal (01539) 733333.
Mains water, drainage, electricity and gas. Gas-fired central heating. Predominantly double glazed.

LISTINGS

Quality Cumbria Inspected

WEBSITE

www.eldergrove.co.uk

TRADE

Certified accounts from the owners' Chartered Accountants in the form of a trading and profit and loss account show turnover (net of Flat Rate VAT) of 174,302 for the year ended 31 March 2016 on which there were trading profits (prior to applying charges for wages, motor expenses, professional fees, finance costs and depreciation) of 93,453.

Please note that the above figures were attained with ten letting bedrooms and there is significant potential additional income from using one of the owners' bedrooms as an additional letting bedroom.

PRICE

Offers around 945,000 are invited for the freehold complete with goodwill and trade contents (according to inventory), subject to inventory. Stock at valuation.

FINANCE

Colliers International 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.


Nearest station

  • Windermere (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Manchester

1 Marsden Street, Manchester, M2 1HW

0161 468 0046 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest station

  • Windermere (4.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Colliers International (Hotels), Manchester

1 Marsden Street, Manchester, M2 1HW

0161 468 0046 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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