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Birmingham Post
Birmingham Post
Business
Jon Robinson

Historic Lake District hotel sold for around £1.2m

A prominent Lake District hotel that dates back to the 1850s has been sold off a guide asking price of almost £1.2m.

The Ravensworth was originally built as a family residence and was subsequently converted into a 12-bedroom hotel.

Inn Collection Group has snapped up the hotel off a guide asking price of £1,195,000.

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The Ravensworth is located close to Lake Windermere and the town of Bowness-on-Windermere.

The building has planning permission to be converted into accommodation for staff.

The Inn Collection Group now has 31 sites across the North of England and North Wales.

Sean Donkin, managing director of the Inn Collection Group, which is owned by the Harris family Trust and backed by Kings Park Capital, said: "At the Inn Collection, our success really stems from loving what we do – which is operating outstanding sites where our customers can eat, drink, sleep and explore from in exceptional locations – with a cracking team of people at all levels.

"The Lake District has so much to offer people from the UK and further afield, but the challenges around housing, especially for those working in the tourism sector are well known.

"We have acquired The Ravensworth to help ease that burden for our staff and to bring people into the community here as well as ensuring the best possible experience for the guests at our hotels throughout the Lake District region."

Martin Davis, director of hotel and leisure at Graham + Sibbald, added: "Having sold the Glenridding Hotel in Ullswater to the Inn Collection Group back in February, it was good to work with them once again on their acquisition of another prominent Lake District property.

"It is great to see the group and the local authority working together and using innovative thinking to come up with such a practical and sensible solution to the ongoing staff shortage problem in the Lake District tourism industry."

Nick Hood, the former owner of the Ravensworth, said: "It’s been a joy to be the custodian of The Ravensworth over the last 13 years and we are certain that it is in good hands.

"It is exciting to hear about the Inn Collection Group’s plans for the property and help bring more skilled people into the vibrant tourism industry in the Lake District."

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