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Derwentwater Hotel, Portinscale, Keswick, Cumbria, CA12 5RE

Guide Price
£5,000,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • 66 en suite bedrooms, apartments and cottage
  • Extensive public areas
  • Manager & staff accommodation
  • River & lake frontage
  • May be suitable for re-development
  • Energy Rating C
  • Christie & Co Ref: 5444085

Description

Description

The property was originally constructed in the 1900s and occupies a large site in the village of Portinscale and on the banks of Derwent Water. The main hotel building is of traditional stone built construction with white rendered elevations and is surmounted by a hipped and pitched slate roof with a glass roofed conservatory to the rear. The property is arranged over three storeys with a two storey side extension for staff accommodation. The property has large landscaped gardens which reach down to the waters edge. Opposite the hotel is the Derwent Manor building which is a large detached stone built building with hipped and pitched slate roof. Along with a terrace of four self contained holiday flats and a further stand alone cottage.

The business is available free and clear of current management and branding and would be well suited for continued use.

Location

Portinscale is a village in Cumbria, England. It is situated close to the western shore of Derwentwater and within the Lake District National Park. It is some 1.5 miles (2.4 km) by road from Keswick, which is a popular market town in the area. The village covers approximately 0.15 square miles (0.39 sq km). At the 2011 census the population totalled 560.

The Property is located within the village of Portinscale circa 1.5 miles from Keswick town centre. The Property occupies a large site with landscaped gardens which reach down to the waters edge of Derwentwater. The surrounding area is mainly private residential housing and holiday homes for tourists. A tea rooms and public house are located within the village and there is a caravan club holiday park within close proximity. The Property occupies a total site which extends to approximately 6.2 hectares (15.21 acres).

Internal Details

The main hotel reception is located at the centre of the Property, whereby there is access to the restaurant and bar/conservatory at ground floor level. Generally, this area flows particularly well. The hotel has a large open plan lounge /bar area which is accessed from the reception and encompasses existing rooms within the hotel and a large open plan conservatory which has views towards the lake. This has capacity for approximately 100 covers in various table sizes.
The main hotel restaurant has seating for approximately 100 covers and has a central buffet servery. The hotel has a small area to the front which is currently disused, and this has the potential to be converted into an additional casual dining / coffee shop. It has access from street level and could provide additional revenue to the hotel if it were to be converted. Some of the rooms, in particular the self contained flats are located within Derwent Manor which is located opposite.

Fixtures & Fittings

All owned fixtures and fittings are included in the sale and an inventory will be produced.

Letting Accommodation

The main building comprises of 47 en suite guest rooms arranged over three floors together with one 1-bedroom self catering apartment. The configuration of the guest rooms is as follows:
• 41 double bedrooms
• 3 family bedrooms
• 3 single bedrooms

Derwent Manor comprises 17, one to two bedroom self catered apartments. There is also one self contained holiday cottage in the grounds of Derwent Manor.

External Details

The frontage benefits from planted gardens with a ramped wheelchair access into the main entrance to the building. There is additional entrance located at the side. The rear of the site has an open parking area which is shared with adjacent hotels. It is understood there is demised parking for 14 vehicles in the car park, with additional space on licence.

Owner's Accommodation

In addition, there is a manager's flat, deputy manager’s flat seven staff bedrooms within the Derwent Manor building and three staff bedrooms in the Derwentwater Hotel. There are a further six staff bedrooms within the two storey extension to the side of the hotel.

The Opportunity

Whilst the hotel is available to acquire on a single asset basis, Christie & Co are selling other hotels across the UK for the same seller. Additional information can be provided on request. Please contact the following for any multi asset enquiries
Jeremy Jones, Head of Brokerage (jeremy. )
Ed Bellfield, Regional Director (ed. )

Trading Information

Trading information can be made available upon agreement to Christie & Co's online NDA. Please visit the data room ( and specify the name of the hotel (Derwentwater Hotel).

Business Rates

Confirmation of business rates payable should be obtained from the Local Authority.

Energy Performance Certificates

EPC 1

Brochures

Derwentwater Hotel, Portinscale, Keswick, Cumbria, CA12 5RE

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Aspatria Station12.9 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 5444085-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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