The Windermere Manor Hotel

Transcription

1 FOR SALE an exceptional opportunity to acquire an attractive period hotel close to Windermere in the Lake District National Park The Windermere Manor Hotel Rayrigg Road, Windermere, Cumbria LA23 1ES The Windemere Manor Hotel 1

2 Gallery and Table of Contents Windermere Manor Hotel is situated in an elevated position above the tourist hot spot of Lake Windermere, an ideal base for tourists visiting the National Park. Contents Overview...4 Location...4 Accommodation...5 The Property...8 Trading Information Fixtures and Fittings Licences Services Fire Risk Assessment Business Rates Tenure Details Asking Price Stock in Trade VAT Viewing Arrangements Energy Performance Certificate (EPC) Contact The Windemere Manor Hotel 2

3 The property, originally named Hammar Bank, was constructed in the 1850s as a holiday home for the Coutts Banking Family. The Windemere Manor Hotel 3

4 Overview Location An attractive three storey period manor house that currently operates as a 35 bedroom, three star full-service hotel which is situated in an elevated position above Lake Windermere, the largest natural lake in England. The hotel is well located within the highly sought after busy tourist hot spot of Windermere which is in the South Lakes area of Cumbria, an ideal base for tourists visiting the National Park destinations of Windermere, Bowness, Ambleside, Grassmere, Keswick and Kendal. The property has been extended in recent years to provide an indoor swimming pool, extended restaurant and additional letting bedrooms. The Windermere Manor Hotel is located just 1.5 miles from the centre of Bowness-on-Windermere and only one mile away from Windermere Railway Station. The hotel is well located for visitors wishing to explore the Lake District National Park given that Windermere Manor Hotel is situated in a convenient central location in the popular South Lakes which benefits from all year round trade. Junction 36 of the M6 motorway with its vehicular access to the South, North and Scotland is situated just 18 miles away, Preston is 50 miles South of the property, whilst Manchester is located some 80 miles South and Carlisle is 50 miles to the North of the hotel. The Windemere Manor Hotel 4

5 Accommodation Public areas Entrance lobby with reception desk and administration office Residents lounge / (25) Bar (40) Restaurant and Conservatory Restaurant (50) Ladies, Gents and Disabled WCs Lower Ground Floor Level Leisure area comprising: Reception area Ladies and gents changing rooms Sauna Seating area Indoor heated swimming pool (approx metres x 5 metres x 1.5 metres deep) Ancillary Areas Commercial catering kitchen Wash up area Still area Preparation area Storage area comprising cold store, dry store, walk in fridge, freezer room Staff room Dog grooming room & storage area *There is an area within the leisure complex that could possibly be utilised for conversion to a spa / treatment room facility. The Windemere Manor Hotel 5

6 Letting Accommodation There are a total of 35 ensuite letting bedrooms, 28 of which are located in the main house where the rooms are situated on the ground, first and second floors. The bedrooms can be accessed via stairs to all floors whilst a passenger life provides access to the basement, ground and first floors. There are a further six superior ensuite bedrooms located in the adjacent Bradbury House building. The letting bedrooms are configured as follows: Family 3 x family bedrooms Double 12 x double bedrooms Zip & Link 10 x zip and link twin / double bedrooms Single 2 x single bedrooms Superior Double 7 x superior double bedrooms Four Poster 1 x four poster bedroom All bedrooms include a colour television, direct dial telephone, complimentary hospitality tray, alarm clock and hairdryer. 5 of the superior bedrooms are located at ground floor level and have the benefit of a private patio. External Areas The property is situated on a site of approximately 1.16 hectares (2.87 acres) which comprises formal gardens and grounds as well as a long driveway approach which leads to two parking areas with space for approximately 40 cars. The Windemere Manor Hotel 6

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8 The Property We understand that the property which was originally named Hammar Bank was constructed in the 1850s as a holiday home for the Coutts Banking Family. It is believed that the house was sold after the Second World War to Earl Peel who donated the house to the Lancashire Association of Boys Clubs in 1938 for use as holiday and training centre. The property remained within the ownership of the association until 1987 when the property was sold to a property developer. In the early 1990s Hammar Bank became a private nursing home and was subsequently purchased by The Guide Dogs for the Blind. In 1996 the property underwent extensive renovations and extensions initially increasing the number of bedrooms to 18. The adjoining house Low Brandle Howe was subsequently purchased to provide further accommodation and land which comprises formal gardens and grounds with an impressive long driveway approach leading to two parking areas with space for approximately 40 cars. We have been advised that the indoor swimming pool complex was also added in 1996 before the hotel opened. In 2001, following an operational takeover by Action for Blind People, the number of bedrooms were increased to 28 and a conservatory was added to provide additional restaurant covers. Low Brandle Howe was subsequently converted from a detached four bedroom house with a garage to provide six superior ensuite letting bedrooms taking the total number of available letting bedrooms to 35. The three storey main building is detached and has attractive traditional Lake stone front and side elevations with a rendered rear elevation beneath various pitched slate tiled roofs and with various extensions including the conservatory that had been added over the years. The former Low Brandle Howe building which is of two storey construction and is also detached is now known as Bradbury House. It has attractive traditional stone elevations beneath pitched slate tiled roofs. This property also benefits from an independent road access to the rear of the hotel. The Windemere Manor Hotel 8

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10 Trading Information We understand that the net turnover for the business for the year ending 31st March 2016 was in excess of 960,000. Further detailed trading information will be made available to serious interested parties upon completion and signature of a Non-Disclosure Agreement (NDA). The business is currently operated under management and benefits from a solid trading history and a good range of income streams. Services We understand that all mains services are connected (un-tested). Fire Risk Assessment We have assumed that a suitable and sufficient fire risk assessment has been carried out. Under the Regulatory Reform (Fire Safety Order 2005), this assessment needs to be recorded in writing where there are five or more employees. Tenure Details The property is held on a Freehold title and the business is to be sold as a going concern. Asking Price Offers in excess of 1,500,000 are invited. Stock in Trade Stock in trade is to be purchased at cost in addition to the sale price on the day of completion. VAT If applicable, VAT will be charged in addition to the purchase price. Given the established reputation of the Windermere Manor Hotel and its steady trade, it is likely that the business will be of interest to a wide range of buyers and operators for continued use. However, given the size and layout of the property together with the extensive grounds, it is also conceivable that the hotel could appeal to speculators and developers for alternative use, subject to obtaining any necessary planning permissions and consents. Fixtures and Fittings We understand that all fixtures and fittings are owned outright. Licences The property has a premises licence granted by the relevant local authority. It is a requirement of the Licencing Act 2003 that properties serving alcohol have a designated premises supervisor who must be the holder of a personal licence. Prospective purchasers are advised to take specialist advice. Business Rates South Lakeland District Council, Rateable Value of 62, /17 UBR 0.484p in the with an additional small business rate supplement of p in the. Actual rates payable 31,063 Draft 2017 rateable value of 84,500 *2017/18 UBR 0.467p in the with an additional small business rate supplement of p in the. Actual rates payable 40,560 *UBR and Small Local Poundage Rate are based on assumptions and although these have been released they are potentially subject to changes. Broughton-in-Furness A595 Coniston Ulverston Askam-in-Furness A590 A590 A591 Grasmere Hawkshead A591 Newby Bridge The Windermere Manor Hotel Bowness-on- Windermere A592 A590 A592 Bowland Bridge Grange-over-Sands A590 A591 A590 A6 Kendal M6 M6 A6 A685 M6 A684 A65 Kirkby Lonsdale A65 The Windemere Manor Hotel 10

11 Viewing Arrangements Viewing arrangements are strictly by appointment with the Vendor s joint sole agents GVA and Colliers International. Under no circumstances should any party make any approach to the staff at the hotel. Energy Performance Certificate (EPC) An Energy Performance Certificate will be made available upon request. The Windemere Manor Hotel 11

12 Disclaimer GVA, and its joint agents, Colliers International, give notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by GVA, or its joint agents, Colliers International, has any authority to make any representation or warranty whatsoever in relation to this property. Contact GVA is the trading name of GVA Grimley Limited, Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England and Wales with registered number OC Colliers registered office is at 50 George Street, London W1U 7GA. Conditions under which particulars are issued by GVA Grimley Limited for themselves, for any joint agents Colliers International and for the vendors or lessors of this property whose agents they are, give notice that: (i) the particulars are set out as a general outline only for the guidance of intending purchases or lessors and do not constitute, nor constitute part of, an offer or contract. (ii) all descriptions, dimensions, references to condition and necessary permission for use and occupation, and other details, are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but satisfy themselves by inspection or otherwise as to the correctness of each of them. (iii) no person in the employment of GVA Grimley Limited or Colliers International have any authority to make or give any representation or warranty whatever in relation to this property. (iv) all rentals and prices are quoted exclusive of VAT. Reproduced by courtesy of the Controller of HMSO Crown Copyright reserved. Licence No If applicable, with consent of Chas E Goad, Cartographers, Old Hatfield, Geographers A-Z Map Co Ltd and/or The Automobile Association. For identification purposes only. These particulars were produced in January 2017 with a mixture of current and archive photography. GVA Norfolk House 7 Norfolk Street Manchester M2 1DW /10410 Martin Davis martin.davis@gva.co.uk Tel: David Creamore david.creamore@gva.co.uk Tel: Colliers International Chancery Place Brown Street Manchester M2 2JT Julian Troup julian.troup@colliers.com Tel: Robert Smithson robert.smithson@colliers.com Tel: The Windemere Manor Hotel 12