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Hotel for sale

Derwentwater Youth Hostel , Barrow House, Borrowdale, KESWICK, Cumbria

Sold STC £1,250,000

Property Description

Full description

Click 'Full Brochure' link below for full details, extra photographs and floorplans

LAKE DISTRICT YOUTH HOSTEL
Grade II Listed former Lake District mansion with stunning views across Derwent Water. The property includes spacious accommodation totalling 947 sqm (10,190 sqft) set in 6 hectares (14.8 acres) of grounds including woodlands, grassland, a waterfall with a hydro-electric system, parking and driveway up to the house. Suitable for a range of outdoor activity/ hostel uses or for conversion to a hotel, residential institution or dwelling, subject to planning.
For Sale Freehold

LOCATION
Situated in one of the most stunning locations in England on the shores of picturesque Derwent Water in the heart of the Lake District, Barrow House has magnificent views overlooking the Lake towards the Skiddaw Mountains. It lies less than 3 miles south of the town of Keswick on the B5289 which runs down the Borrowdale Valley towards, Rosthwaite and the Scafell range.

DESCRIPTION & ACCOMMODATION
The property has many features of the period including 2 storey canted bay windows, ornate ceiling roses and cornices and original fireplaces. Various additions have been made over the years including a modern extension.

The property has been converted to provide Youth Hostel accommodation including:

Ground Floor: Reception Hall; Pool Room; Lounge; Dining Hall; Kitchen; Self Catering Kitchen; Drying Room; Boiler Room; various Store Rooms and WC’s.

First Floor: 11 Bunk Bedrooms (sleeping 88); Shower Room and various WC’s.

Second Floor (staff accommodation): 5 Bedrooms; Lounge; Kitchen and Bathroom.

The extension provides self contained manager’s quarters including 3 Bedrooms on the ground floor and Lounge; Kitchen; Bedroom and Bathroom on the first floor.

SERVICES
We are advised that mains water, electricity, and drainage are connected to the property. Heating is via oil fired central heating and there is additional electric from the hydro-electric generator. No warranty is given regarding the working order of any appliances or services referred to in these particulars.

RATES
Description in list: Hostel and premises.
Rateable Value: Ł28,500.

FIXTURES AND FITTINGS
Any items in the nature of fixtures and fittings not referred to in these particulars are excluded but may be left by arrangement with the YHA.

TENURE
We are advised the property is freehold.

PLANNING
Potential purchasers should make their own inquiries with Lake District National Park Planning Department (tel. 01539 724555). We are informally advised that LDNPA may consider uses such as an alternative hostel, outdoor centre, school, affordable housing, offices, care home etc.

VAT & STAMP DUTY
We are advised that the property has not been opted for VAT and therefore VAT is not chargeable on the sale price. Stamp duty is liable at the prevailing rates.

VIEWING
Open viewing days will be held at the following times:

Thursday 19th May 2011 from 10.00am to 12 noon.
Monday 13th June 2011 from 10.00am to 12.00 noon.
Sunday 19th June 2011 from 2.00pm to 4.00pm.
Monday 27th June 2011 from 12 noon to 2.00pm.

Applicants should contact the agents beforehand to book.

For further details please contact the sole agents,

PF&K Commercial.
Tel. 01768 862135. Fax 01768 892101.
E‐mail. commercial@pfandk.co.uk
Date 12/04/11 Reference C1627.

OFFERS
Offers for the property in writing are invited to be received at the Agent’s offices by no later than 12 noon Friday 22ND July 2011 in accordance with the following Terms and Conditions.

TERMS AND CONDITIONS
Any offer should be in a finite sum expressed in pounds sterling. (No escalating bids, or any other calculated by reference to other offers will be considered.). Any offer for the property should be made subject to contract. Confirmation that the offer is not subject to any further planning application. We would ask for confirmation that funds are available for the purchase. If the offer is subject to finance or the sale of another property, or any other funding arrangements, please state this clearly in your offer letter, and if possible please supply funding references. If an offer is being put forward on behalf of another party the name & address of that party should be included together with confirmation of authority to act as an agent of that party. The name & address of the solicitor who will be acting in the event that the offer is accepted should be supplied. Whilst the vendors reserve the right not to accept the highest offer, or indeed any offer, we confirm that their intention is to dispose of the property and it is hoped that the sale will be agreed as soon as is practically possible after the closing date for the offers. Confirmation that you are not a person 'connected' with YHA (as defined by the Charities Act ‐ such as an employee or trustee or close relative thereof) and also not a person connected with this agency. Offers should be submitted in a sealed envelope marked on the outside “Derwentwater Youth Hostel Tender” and addressed Private & Confidential to

Mr Duncan Young, Penrith Farmers and Kidds plc, Devonshire Chambers,
Devonshire Street, Penrith, Cumbria CA11 7SS.

The envelopes will be opened simultaneously after the closing date referred to above. In the event that an offer is accepted, it will be held as binding with regard to price offered and be non‐negotiable regardless of circumstances. If the chosen purchaser decides NOT to proceed within the terms as stated, the contract will be withdrawn and offered to the next offerer in line. If you wish to confirm with us before the deadline that your offer has been received at our offices we ask that you mark the envelope with your initials, or with other means of identification.

Completion of the sale will be after 1st November 2011.


More information from this agent

Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
20 April 2011

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