10 bedroom guest house for sale

The Old Homestead, Lorton Vale, Cockermouth, CA13 9TW

Offers in Region of £1,295,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

The Old Homestead is a beautifully presented and unique self-catering or Bed and Breakfast business opportunity with the advantage of a spacious three-bedroom barn conversion for the owners, located in a magnificent rural setting of the Lake District National Park. The properties are situated in around 1.6 acres of well-maintained gardens with stunning views to Lorton Vale, towards Crummockwater and set between Buttermere and the Loweswater fells.

The business is currently operated all year round on a self-catering basis and on a single-let use. However, due to the flexibility of the accommodation, it could easily be operated on a bed and breakfast basis if preferred. There are 10 well-presented en suite letting bedrooms - sleeping 25 in total - and characterful public areas and gardens for its guests to enjoy. The accommodation has been converted from a traditional Cumbrian Long House which has won several architectural awards, retaining many original features such as beamed ceilings, exposed stone walls and fire places adding the historic ambience.

The owners have the benefit of a beautiful three-bedroom barn conversion which is located across an attractive cobbled courtyard and was fully renovated in 2009 to a high standard, combining modern facilities with great character and flexibility.

Being situated at the head of Lorton Vale, The Old Homestead takes full advantage of magnificent views across the valley and surrounding fells and is located only 5 miles from five beautiful Cumbrian Lakes. It's splendid and prominent trading position just a few minutes' drive from the A66 between the market towns of Cockermouth and Keswick, is perfectly placed to completely immerse its guests with all of the beauty the Lake District has to offer, including the nearby Lakeland villages of Grasmere, Ambleside and Windermere which attracts thousands of visitors to the area each year.

Having acquired the business and property in 2008, the current owners have established a truly unique lifestyle opportunity which has built up a huge client base over the years but yet still offers huge potential to develop if that were to be the preference of new owners. Scope exists to develop a food and beverage trade or to operate rooms on a bed and breakfast basis. However, after ten enjoyable years, the owners now wish to retire from the industry, offering this fantastic business opportunity to the market.

THE PROPERTY

The Old Homestead - The Old Homestead once formed the local focal point of a traditional Lakeland farm and has since been sympathetically converted in more recent times.

PUBLIC AREAS

From the front entrance, there is a spacious hallway which leads through to the lounge with chair and sofa seating set around a large stone fireplace and wood burning stove. The dining room is set for around 25 and opens onto the gardens with outdoor seating. Modern fitted traditional kitchen with a Rangemaster stove, separate utility and WC.

LETTING BEDROOMS

There are a total of 10 en suite letting bedrooms (sleeping 25 in total). Many of the rooms feature stone flag floors, beamed ceilings and most of which have windows overlooking beautiful ground and views beyond.

OWNERS' ACCOMMODATION

The owners have the benefit of a beautifully refurbished converted barn situated across a pretty cobbled courtyard from the self-catering accommodation, comprising -main entrance, double doors open in to a beautifully presented and modern country kitchen complete with Rangemaster electric and gas stove. A door leads to a beautiful lounge with vaulted and beamed ceilings, exposed stone walls and stone fireplace with inset wood burner. There is a study/office which could also be utilised as a fourth bedroom, with a spacious cupboard with potential to convert to an en suite shower room if preferred. Utility room/cloakroom and downstairs WC. On the first floor there are three bedrooms, the master having en suite bathroom and built in wardrobes with separate family bathroom. The owners have the benefit of an enclosed rear garden, with well tendered lawns, shrubs to border with paved patio, water feature and summer house.

OUTSIDE

As previously mentioned, the property is set in around 1.6 acres of beautifully presented lawn gardens, accessed via a private road with mature trees and seating area for guests to enjoy, all surrounded by open, rural views to the Lake District Fells.

SERVICES

Allerdale Borough Council (0303 1231702).
There is oil-fired central heating. LPG gas for cooking. Main water and septic tank shared with the neighbouring property. The properties benefit from underfloor heating.

TRADE

Turnover for the year ended 5 April 2018 shows (net) sales of 106,014.
Full trading information can be made available to any seriously interested parties after viewing.

PRICE

Offers in the region of 1,295,000 are invited for the freehold, complete with goodwill and trade contents (according to inventory), excluding personal items. 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 of broker involved.

TO VIEW

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


Energy Performance Certificates (EPCs)

Listing History

Added on Rightmove:
11 July 2018

Nearest station

  • Aspatria (7.7 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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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

  • Aspatria (7.7 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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