The Hydro Hotel at the heart of the Lake District comes openly to the market

Date: 24/01/2019
Author: Colliers International
Company: Colliers International

The Hydro Hotel, Bowness on Windermere, an impressive historic hotel with lake views, in Bowness on Windermere at the heart of the Lake District is being marketed by global real estate advisor, Colliers International, which is seeking substantial offers for this impressive property and business.

The imposing former manor house boasts 78 en suite bedrooms; impressive public areas; a substantial restaurant and well-furnished grand public areas. There is also a conference and meeting rooms, suitable for weddings and business seminars and leisure facilities including a heated indoor swimming pool and substantial staff accommodation that is at a premium.

Julian Troup, Head of UK Hotels Agency at Colliers International, commented: "We are delighted to bring the Hydro Hotel to the market. It is an established and well-known hotel operating with a healthy trading base. Our instructions were that it should be “priced to sell” and consequently we are anticipating a favourable response to the marketing, particularly bearing in mind it is so rare to see a substantial Lakeland hotel with panoramic views coming to the open market.

“The hotel was acquired by the current owners in 2015 and has been the subject of a circa £1,700,000 refurbishment to most of the public areas and a substantial number of the “lake view” bedrooms.

“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. The hotel is situated in a delightful location, on the outskirts of Bowness village, with outstanding views of Lake Windermere and to the fells beyond.