The Cranleigh Boutique Kendal Rd 22 Room Hotel Windermere LA23 3EW £2,450,000 (£111,364/Room)

INVESTMENT HIGHLIGHTS

  • The prestigious, award-winning Cranleigh Hotel in Bowness-on-Windermere
  • Five star accommodation
  • Sale includes five separate buildings
  • Room rates ranging from £150 to £600 per night
  • Viewing now available
  • Well-established and successful business
  • Hotel boasts a combined 22 luxury en suite bedrooms
  • Undergone recent renovations to achieve a top luxury specification
  • Over 1,800 five-star excellent reviews and maintains a 4.5-star average rating on Google

EXECUTIVE SUMMARY

The Cranleigh Hotel is superbly located in a prime location in the heart of the English Lake District. The busiest place to be with thriving nightlife economy, a prime location that offers unparalleled access to the Lake District's extensive range of amenities. This includes a diverse selection of shops, a wide variety of restaurants, numerous entertainment venues, and the chance to partake in scenic trips on Lake Windermere. The area is celebrated for its dynamic tourist industry and vibrant local community, attracting tourists from all around the world throughout the year. This constant influx of international visitors enhances the commercial asset's benefits, presenting a lucrative opportunity for any business aiming to capitalise on the high foot traffic and the area's sustained popularity. This makes it an exceptionally attractive commercial acquisition prospect, ideally suited for investors looking to tap into a thriving market with well-established tourist appeal and significant potential for profitability.
The prestigious, award-winning Cranleigh Hotel in Bowness-on-Windermere is now available as a going concern, presenting a unique opportunity to acquire The Cranleigh brand, a well-established and successful business providing five star accommodation. This unprecedented sale includes five separate buildings, available as freehold and leasehold, situated strategically on Kendal Road and Church Street, just off the main Lake Road and a stone's throw from the iconic Lake Windermere. The hotel boasts a combined 22 luxury en suite bedrooms, each varying in size and luxury finish, all refurbished with bespoke local designs and furniture. Nestled in the heart of Bowness, this thriving, popular hotel offers a once-in-a-lifetime opportunity for potential buyers looking to invest in a high-calibre property in one of the most desirable locations in the Lake District.
The Cranleigh Hotel trades across five distinct buildings: 3 of which form the main site all being freehold, situated on Kendal Road; the 4th site being the leasehold Church Suites located on Church Street; and the freehold Hideout, found on Quarry Brow Bowness, offering a diverse range of hospitality experiences within close proximity to each other.

The Kendal Road Site
The main site on Kendal Road consists of a stone-built, three storey detached property finished with both Lakeland Stone and rendering. Adjacent to the main building is a semi - detached building of similar construction. Both properties are freehold and whilst both being of three storey construction it extends to four storeys to the rear. The final building situated on Kendal Road to the is referred to as the Sanctuary, also trades as the Cranleigh Hotel. Set at a lower level due to the rear slop this property is a single storey brick built detached with the rendered elevations set beneath a pitched slate covered roof.
Ample on-site parking and disabled access to accommodate all visitors. The beautifully landscaped gardens with outdoor seating create a welcoming atmosphere for relaxation and social gatherings. Additionally, the property includes a restaurant, enhancing its appeal as a versatile venue suitable for a variety of hospitality events or as a standalone enterprise. This combination of amenities makes it an attractive investment for those looking to acquire a well-equipped, ready-to-operate business in a desirable location.
Church Street Site
This detached deluxe former cottage, spanning two stories, presents an outstanding commercial acquisition opportunity. It has been transformed to incorporate four next-generation suites, each designed with modern amenities and luxurious finishes. The property boasts an outdoor hot tub only available to Indulgence suite. Additionally, the cottage includes ample storage space and a pellet boiler, enhancing its functionality and efficiency. This combination of advanced features and deluxe accommodation makes it a highly attractive investment for those looking to enter into or expand in the luxury hospitality market.
This well-established hotel boasts an impressive profitable annual turnover, with room rates ranging from £150 to £600 per night, highlighting its strong revenue-generating potential. There exists a significant opportunity for growth and turnover enhancement through the development of its restaurant. The property has undergone recent renovations to achieve a top luxury specification, which has effectively eliminated reservation costs, adding to its financial attractiveness. Consistently ranked Number 1 on TripAdvisor in the area and has done for years., it boasts over 1,800 five-star excellent reviews and maintains a 4.5-star average rating on Google, also with more Facebook followers than any other hotel in the north of England along side a huge database. This turnkey business is ready to operate from day one, offering an immediate profitable venture for prospective buyers looking to invest in a high-standing and well-reviewed establishment in the hospitality industry.
This versatile investment of multiple properties may suit a buyer already trading at this level in the industry looking to grow their portfolio through aquation. The vendor may consider individual sales via agent negotiation.
The Cranleigh Boutique Hotel, located on Kendal Road, is an ensemble of four distinct properties, including one detached and one semi-detached on Kendal Road, a former detached townhouse situated at the rear of Kendal Road, and a detached property on Church Street. The Church Street property, known as the Church Suites, is nestled in the heart of Bowness within the town's bustling commercial district, which is replete with retail, commercial, and leisure properties, and is situated directly opposite St Martin's Church. This prime location offers guests immediate access to local amenities and attractions. The main site of The Cranleigh Boutique Hotel is advantageously positioned on Kendal Road, one of the principal routes into the town centre, which is a mere 5-minute walk away. This strategic placement enhances the hotel's appeal, making it an ideal choice for visitors seeking both convenience and luxury in the Lake District.

PROPERTY FACTS

Price £2,450,000
Price Per Room £111,364
Sale Type Investment
Sale Condition Furniture, Fixtures and Equipment Included
Tenure Freehold
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.25 AC
Building Size 9,661 SF
No. Rooms 22
Number of Floors 4
Year Built 1960
Corridor Interior

AMENITIES

  • Restaurant
  • Spa
  • High Speed Internet Access
  • On-Site Bar
  • Public Access Wi-Fi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 2 £284.00 -
Guest Room 20 £157.00 -
  • Listing ID: 33991201

  • Date on Market: 25/11/2024

  • Last Updated:

  • Address: Kendal Rd, Windermere LA23 3EW