7 bedroom hotel for saleTroutbeck Hotel & Holiday Cottages,Troutbeck,Penrith,CA11 0SJ
Offers in Region of
- Business for sale
- Use class orders: C1 Hotels
The Troutbeck is a former railway hotel to Troutbeck station on the old CKP Line (Cockermouth-Keswick-Penrith), which was closed in the late 1960s. For over 150 years this delightful property has offered a warm welcome to many weary travellers between Keswick and Penrith but is now a haven for walkers and lovers of the northern reaches of the Lake District National Park. The Troutbeck has excellent dining and bar facilities as well as the separate dining room, for which it has achieved an outstanding reputation. The residents meanwhile enjoy high quality letting bedrooms which are augmented by the recent conversion of stables to form 3 delightful holiday cottages.
The picturesque hamlet of Troutbeck lies almost midway between Keswick and Penrith to the East, just off the A66.Topped and tailed by Pooley Bridge in the North and Glenridding in the South, Ullswater lies only a few miles away with its steamers ploughing its 3 reaches and offering tourists a superb view of its fantastic scenery. Penrith, once the capital of Cumbria is now the bustling heart of the Eden Valley and offers excellent access to the M6 Motorway, while to the west lies Keswick-on-Derwentwater - ''The Queen of The Lake District ''. This bustling market town is steeped in history from the 4,000 year old Castlerigg stone circle to the 13th Century Charter Market and onto its modern speciality shopping, all making this area a haven for tourists throughout an ever increasing season.
Acquired by the present owners in 2008, The Troutbeck has been extensively upgraded during the present ownership, particularly to the ground floor which is now attractively laid out in a more contemporary style with good quality furnishings which complement the excellent menu. The letting bedrooms and self catering accommodation has similarly been upgraded and hand-in-hand with these improvements has seen the turnover and profits increase significantly. However, with a change in family circumstances the owners now wish to move on, allowing a new purchaser to take over a business with an excellent reputation and solid profitability.
Built of Eden red sandstone and under a pitched slate roof, the accommodation to the main building is laid out on 3 floors, while the cottages to the rear are of rendered construction under a local slate roof with accommodation laid out on 2 floors.
Vestibule. Lovely solid Victorian door to reception hall. Main bar divided into two separate areas, both being half panelled and having back to back fireplaces. Beamed access to the serving bar. Bar lounge used as further dining area during busy times with brick feature fireplace, delph rail and bar access. Restaurant to seat 20 and being panelled.
7 letting bedrooms to sleep 14 (4 double, 1 twin, 1 single and 1 family room). All have en suite shower rooms as well as flat screen colour televisions, Wi-Fi, hairdryers and tea and coffee making facilities.
The owners have the benefit of a separate, self-contained apartment. Feature archway to dining/kitchen with a range of lovely modern fitted units in oak and with superb views out towards Keswick and Blencathra. 2 good size bedrooms and bathroom with 4 piece suite including shower. Bedroom 3/office with fitted furniture.
There is a modern caravan for staff accommodation, landscaped into the garden and comprising lounge/kitchen, shower room and two bedrooms, one having en suite toilet/WC.
Excellent well fitted catering kitchen with canopy and extraction. Utility room.
SELF CATERING COTTAGES
There are 3 self catering holiday cottages, each individually designed and furnished to a high standard and having the benefit of oil-fired central heating with both 2 bedroom cottages having the benefit of being on the first floor so having superb fell views.
Saddleback Cottage & Blencathra Cottage Double and twin bedroom and bathroom. Living room incorporating a kitchen area with a range of modern fitted units. Each cottage sleeps 4.
Little Mel Fell Cottage Living room with separate kitchen area with a range of modern fitted units, bathroom and large double bedroom. Sleeps 2.
Excellent car parking to the front. Lovely garden and paved yard to the rear. Recently rebuilt outside stores, with development potential (subject to planning permission).
Eden District Council at Penrith (01768) 864671.
Mains water and electricity. Private drainage. Predominantly double glazed.
Full Premises Licence
Enjoy England - 4 Star Bed & Breakfast
Certified draft accounts provided by the vendors' Chartered Accountants in the form of a Trading and Profit and Loss Account show a (net) turnover of £352,836 for the year ended 31 May 2015 with trading profits (before finance costs, depreciation and excess repairs) of £109,674.
Further trading information can be made available to serious interested parties after viewing.
Offers around £725,000 for the freehold property complete with goodwill and trade contents (according to inventory) but excluding personal items. Stock at valuation.
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.
All appointments to view MUST be made through the vendors' agents who are acting with sole selling rights.
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