Riverside Hotel
Beezon Road, Stramongate Bridge, Kendal, Cumbria, LA9 6EL
Location: Google Maps
Unit Types: Businesses for Sale, Hotel/Guesthouse
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Colliers International is delighted to have been instructed as the sole agent to offer for sale the Riverside Hotel in Kendal. Located in the heart of the “Gateway to the Lakes” – Kendal, the Riverside Hotel is in an outstanding position on the banks of the River Kent beneath the ruins of the town’s 12th century castle. The imposing hotel offers luxurious accommodation and substantial facilities only a few minutes from the Kendal town centre, Kendal Railway Station and the Lake District National Park. This modern hotel combines past and present with contemporary styling and décor briefly comprising 58 letting bedrooms, spacious conference facilities, “Sanctuary” leisure facilities, Riverview restaurant with outstanding views and The Tannery Bar and Bistro. The hotel is now for sale to allow the owner to focus on other business interests
Strong trade from a wide range of revenue streams generating in excess of £1.88m net Turnover in 2019 Offers in the region of £5m for the freehold asset and business as a going concern.
58 stylish letting bedrooms
Bar, restaurant and meeting space
Popular leisure club with swimming pool
Adjoining valuable town centre car parking
Offers Over £4,500,000
Freehold Price: £4,500,000 - £10 p/a peppercorn
For more information please contact the agent:
Colliers International,
No 1 Marsden Street,
Manchester,
M2 1HW
Date Added: 25/02/2022
