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The Applegarth Villa and Restaurant in Windermere has been brought to market for offers in the region of £3,995,000.The five-star luxury hotel and restaurant is an iconic building that is “steeped in history”.
It is considered a trophy asset within the region with its bespoke interior design, and structural integrity, and sits in “ample” grounds with exclusive parking for guests.
Applegarth has 22 individually designed rooms/suites, seven of which have balconies and hot tubs. There are also extensive public areas including an AA rosette award winning restaurant, oak panelled bar with a fireplace and an adjoining brasserie/orangery and sun terrace.
The hotel consists of three separate buildings over a compact site making the hotel easily manageable and is currently run by management.
The main building contains the reception, bar, restaurant, a commercial kitchen and 15 individually tailored letting bedrooms. The stable block running alongside the main hotel holds the seven suites with balconies and hot tubs.
The third property onsite is the manager’s bungalow, a large dwelling with two ensuite bedrooms, lounge, kitchen and private terrace, which also has planning permission to convert into two additional suites.
Julian Troup, head of UK Hotels Agency at Colliers, said: “Applegarth Villa is a renowned luxury hotel that is presented to the market in superb order.
“The business is currently run under management and is already well established, but still offers a great deal of scope to enhance the existing operation making it an ideal asset for a discerning buyer. The Lake District attracts more interest for us than any other UK region, and we anticipate a healthy appetite in this superior opportunity.”
