º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Commercial Property

Almost £1m wiped off Lake District hotel's asking price

The hotel turned over just under £1.6m last year

Shap Wells Hotel, Lake District(Image: Christie & Co)

A Lake District hotel has been put up for sale for almost £1m less than last year.

Shap Wells Hotel was previously put on the market in May 2022 but failed to sell.

It has now been put up for sale again for £3m, £850,000 lower than last time.

READ MORE: Click here to sign up to the BusinessLive North West newsletter

The hotel has 108 ensuite bedrooms as well as a 300-cover restaurant and a lounge with space for 90 people.

The three-star hotel is again being marketed by Christie & Co.

It is located in 15-acres of land between Blea Beck and Birk Beck in Penrith.

According to Christie & Co, the hotel is able to cater for weddings and also includes a gym and games room.