Colliers International are delighted to bring the Hydro Hotel, Bowness-on-Windermere to the market.
It is an established and well known hotel operating with a healthy trading base.
Our instructions are that it should be “priced to sell” and consequently we are anticipating a favourable response, particularly bearing in mind it is so rare to see a substantial Lakeland hotel coming to the open market.
The imposing hotel boasts 78 en-suite bedrooms and impressive public areas. There is also Leisure facilities including indoor swimming pool as well as staff accommodation.
The hotel was acquired by the current owners in 2015 and has been the subject of a circa £1,700,000 refurbishment. It currently has an anticipated net annual turnover of around £1,800,000, and we are inviting “substantial offers” and have agreed with our clients to quote a guide level in the £2,500,000 – £2,750,000 range, with a view to generating serious interest for a quick sale.
Please note viewings will only be taking place on Monday 28th and Wednesday 30th January and offers must be with the sole selling agents no later than Friday 1st February 2019.