Renowned Lake District Hotel For Sale in Penrith

This property is marketed by:
Colliers

The Troutbeck Hotel | Troutbeck, Lake District National Park | For Sale Offers around £995,000 - Freehold

The Troutbeck Hotel - Key Features

• 7 high quality ensuite letting bedrooms
• Spacious separate self-contained, 2 bedroom owners' apartment with breathtaking views of Blencathra and Keswick
• Considerable development potential - subject to PP
• £312,478 net T/O with solid profits and further potential

The Troutbeck Hotel - Description

The Troutbeck Hotel 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 Hotel 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.

Hotel Location

Set in the Lake District National Park – a UNESCO World Heritage Site - 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 4 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 specialty shopping, all making this area a haven for tourists throughout an ever-increasing season. The Troutbeck Hotel was acquired by the present owners in 2017. During their ownership, they have extensively upgraded the hotel with particular attention being given to the upgrading of the en suite facilities to all of the letting bedrooms as well as a particularly good reconfiguration of the owners’ self-contained flat to make the most of the glorious views. The owners have chosen to operate the restaurant on a relaxed basis, so there is plenty of opportunity to increase turnover if desired. Having enjoyed their years at The Troutbeck Hotel, the owners are now looking to retire to live locally.

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