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A hotel development, consisting of three large sites, in Ribble Valley has been put up for sale.
Property consultancy Lambert Smith Hampton (LSH) have been appointed to find a buyer for the development, and are inviting offers and expressions of interest in regard to the overall development opportunity.
Comprising three sites totalling more than 10 acres, the development is located in the village of Chipping situated in the Forest of Bowland Area of outstanding natural beauty.
The first site totals 3.35 acres and includes the grade II listed three storey stone mill known as Kirk Mill. The property dates back to 1785 and has undergone significant work to ensure it is structurally sound and is ready for redevelopment into an 18-bedroom hotel complete with bar and restaurant.
The second, larger site totals approximately 6.37 acres and is situated to the eastern side of Malt Kiln Brow, and comprises a former industrial site previously used to manufacture furniture. The original buildings have been demolished in preparation for redevelopment via a mixture of existing conversions and the construction of new builds.
The new buildings will include a mixture of additional guest accommodation of 42 letting bedrooms, a wedding venue and a spa.
The third and final site is approximately 1.815 acres and has planning consent for four large detached residential homes.
Martin Davis, director of hotels and leisure at Lambert Smith Hampton, said: “We are delighted to bring this exciting hotel and residential development to market. Situated in the picturesque Ribble Valley, we believe that this development represents an excellent investment opportunity for the right developer.
“With the recent reopening of the wedding and hotel sectors, we believe that this development carries with it enormous potential to take full advantage in the years to come”.
