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The 19th Century Scafell Hotel in Rosthwaite has been sold to a Manchester-based investment company for a guide price of £995,000.
The 23-bedroom coaching inn was sold following its closure in January 2024. The property had been under the same ownership for more than 50 years.
The site in the Borrowdale Valley covers approximately five acres. It was originally built as a private residence for the artist Mary Barker before becoming a hotel frequented by the inventor Sir Barnes Wallis.
The hotel previously operated with a riverside bar and 23 ensuite bedrooms. The new owners, a Manchester-based investment company, said they intend to restore the property and reopen the business.
Head of hotels agency at Colliers, Julian Troup, said: “The sale of Scafell Hotel attracted considerable interest from a diverse range of buyers all recognising the potential to take the hotel and hospitality business back to its rightful level.
“The Lake District and wider Cumbria continue to be in high demand, and the Scafell Hotel is our 69th Cumbrian hotel sale since the beginning of 2021 and follows in the footsteps of our confidential sale of the Highfield Hotel, Keswick in recent weeks. Cumbrian hotel owners should take note of the continued demand for all sizes of hotels in the region.”
The new owner added: “We are delighted to have bought the Scafell Hotel, and we plan to restore the property and to start trading soon.”
