Famous Lake District estate hotel put on the market for £3m

Thu, 25 May 2017 | COMMERCIAL PROPERTY

Miller Howe house, one of the Lake District's most famous country estate hotels and restaurants, is now accepting offers for £3m and above.

The sale is being conducted by head of UK Hotels Agency at Colliers International, Julian Troup, almost 20 years after she first sold the property on behalf of celebrity chef John Tovey in 1998.

The AA three-star hotel on Rayrigg Road, which overlooks Windermere Lake, is situated in around four acres of landscaped grounds. The house itself has 15 en-suite bedrooms, a critically acclaimed restaurant, residents' bar and conservatory and parking for 30 cars. Planning permission has been granted on two additional en-suite bedrooms, as well as an extension of the conservatory.

The house also comes with Miller Howe Cottage, a detached former cottage converted into additional letting accommodation with shoreline lake views.

Mr Troup said: “Miller Howe is arguably the most high-profile and prestigious country house hotel in the Lake District National Park, offering unrivalled views over Lake Windermere. Its landmark status means we are confident of attracting strong interest from both domestic and international prospective buyers.

“Due in part to the fall in the value of the pound against the euro and the dollar, around 15 per cent of our UK hotel sales in the past 12 months have been to overseas buyers and there’s every indication that this trend will continue and indeed, strengthen.”

Miller Howe is the latest in a line of Lake District’s premier country house properties to be offered for sale following the recent acquisition by Thwaites of Grade Two-listed Langdale Chase Hotel, also overlooking Lake Windermere.


Share this article



Latest Businesses for Sale

MOT Test and Repair Station
Leicester, Leicestershire, UK Wide

Retirement sale - Albion Street Garage The owners are seeking to sell this MOT testing and repair business and rent the premises which they own to the new proprietor. Albion street garage has a very good reputation and is situated in a resident...

Asking Price: £80,000
Turnover: £71,000

FREEHOLD


Day Spa
Manchester, UK Wide

A very reputable, award winning, day spa offering a selection of rejuvenating treatments is available in the bustling city of Manchester. Offers invited.

Asking Price: £315,000
Turnover: £600,000

LEASEHOLD


Automotive Repair Business
Gloucestershire, UK Wide

This is a longstanding automotive repair business in Gloucestershire, now available for an interested buyer to purchase. Offers invited.

Asking Price: £925,000
Turnover: £414,249

FREEHOLD



View more businesses for sale

News Search

Latest News

 
19
 
Apr
 

Accountancy firm to expand in Scotland | BUSINESS SALE

A UK-based accountancy firm with offices peppered across the...

 
18
 
Apr
 

Recruitment firm acquires counterpart | BUSINESS SALE

Swindon-headquartered recruitment company Outsource UK has s...

 
17
 
Apr
 

Financial planning firm acquired by global counterpart | BUSINESS SALE

An independent financial advisory from Newcastle has been sn...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
15
 
Apr
 

Huge demand for provincial UK hotels from overseas buyers | BUSINESS SALE

Overseas buyers are swooping in to buy UK hotels, as they se...

 
30
 
Jan
 

Famous Lake District hotel for sale at £2m | COMMERCIAL PROPERTY

A famous hotel in the North of England which welcomed guests...

 
04
 
May
 

Five Scottish hotels sold to Singapore group MGM | COMMERCIAL PROPERTY

Singapore hotel group MGM Muthu Hotels has gained a foothold...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources