Sold Hotel UK – The Ryebeck Hotel
Colliers are pleased to have sold The Ryebeck Hotel located in Windermere in the Lake District of the UK to new hospitality business Lake District Limited off a guide price of £3m.
The hotel was formerly known as Fayrer Garden Hotel. It is located on Lyth Valley Road, Windermere, and sits in around five acres of landscaped grounds with 29 en-suite bedrooms, a characterful 60-cover restaurant, residents’ bar and conservatory area, parking for 50 cars and a detached former cottage which contains five of the en suite bedrooms.
Lake District Limited has redeveloped hotels in London and the north of England and was attracted by the location of this asset in the tourist hotspot of Cumbria.
Julian Troup, head of UK Hotels Agency at Colliers, which completed the sale, said the property attracted “significant interest from a diverse range of buyers”, which resulted in a bidding process.