FOR SALE CHETWYNDE HOTEL Offers in the region of £1,395,000 – Freehold ABBEY ROAD, BARROW-IN-FURNESS, LA13 9JS Part Exchange Considered within South region CHETWYNDE HOTEL, ABBEY ROAD, BARROW-IN-FURNESS, LA13 9JS

SUMMARY

• Beautifully presented, family operated hotel on the edge of the National Park • 23 traditional and modern-style en suite letting set in around an acre • Function suite and (100), bar lounge (25), lounge (20) • Spacious car park (40 cars) with planning permission for owners’ • Well-established mix of domestic and commercial trade – T/O 2018 circa £540,000 with healthy profits

The Chetwynde Hotel is a beautifully presented family run hotel in around an acre of land, spaces. In 2010, they extended the hotel, a garden-facing orangery, linking its two situated on the edge of the Lake District National Park, in the leafy Victorian suburb of function suites to create a flexible events space, and a new annexe creating 10 additional Barrow-in-Furness. This well-established hotel caters for a rich diversity of trade, hosting modern bedrooms. This profitable hotel is currently operated by a General Manager and her many local events, weddings and private functions, as well as enjoying a strong all year- team providing an excellent investment opportunity. If the business was operated by round occupancy. It has 23 beautifully presented en suite letting bedrooms, a flexible owners, significant savings in wages could be made. The owners now wish to retire function suite and orangery – licensed for weddings for up to 100 guests – and a cosy however after 15 successful years, offering this great hotel opportunity to the market. lounge bar and separate lounge with combined seating for around 40. The hotel is set in spacious grounds with a garden and lawn which provides an excellent outdoor dining space for spring and summer parties. Additionally, there is a spacious car parking which has planning permission for a four house. Barrow-in-Furness itself is a large industrial town which grew from a tiny 19th Century hamlet to one the biggest iron and steel centre in the world and a major ship building force in just 40 years, and is still to BAE Systems. Situated at the tip of the Furness Peninsular on the shores of Morecambe Bay and only 20 minutes from the English Lake District National Park, Barrow-in-Furness projects in to the Irish Sea with Morecambe Bay to the south and the Duddon Estuary to the north. The area has a fascinating history including settlement by Vikings and Cisterian Monks, who built and established Furness Abbey in 1123, the second largest Cisterian Abbey in and which its ruins are still a popular tourist attraction today. There are many sporting opportunities, Portland Walk Shopping Development, superstores, Hollywood Park with its multiplex cinema and an Award-Winning theatre. This rich culture and industry ensures the hotel enjoys all year round trade, bolstering income and profits in the traditionally quieter months. The present owners acquired the hotel in 2004, spotting its huge potential on offer. They set about a significant refurbishment programme to improve the bedrooms and public CHETWYNDE HOTEL, ABBEY ROAD, BARROW-IN-FURNESS, LA13 9JS CHETWYNDE HOTEL, ABBEY ROAD, BARROW-IN-FURNESS, LA13 9JS

THE PROPERTY SERVICES The property is build of traditional construction under a slate tiled . Barrow Borough Council at Barrow (01229 876543). The annexe is of modern construction under a slate roof. Mains water, drainage, electricity and gas. Gas-fired central heating. PUBLIC AREAS PLANNING PERMISSION Entrance leading in to entrance with reception, ladies and Planning Permission has been granted and is held in perpetuity, to build gents and disabled WC. To the right is the main residents lounge, set a four bedroom detached house with detached . Further details around a period and large bay and sofa seating for can be provided upon request. around 20. The bar lounge has a timber bar servery and sofas and comfortable chairs seating around 25 with flat screen TV. The function is spacious and flexible room which can be used for events up to 150 guests although for weddings it is licensed for 100, but can be split for smaller events. Adjoined by the modern orangery, there are French which open to a terraced area which overlooks well-maintained gardens. LETTING BEDROOMS There are a total of 23 en suite letting bedrooms sleeping 47. In the main hotel, there are 13 en suite letting bedrooms, traditionally decorated with en suite or showers and each of the have flat screen TV and tea and coffee making facilities. The annexe is located at the rear and has 10 modern en suite letting bedrooms located on the first and second , one of which has disabled access. SERVICE AREAS The Chetwynde Hotel has a fully equipped and large catering with stainless steel equipment, Rationale oven, extraction fan system with and still room. Laundry with washer and two dryers which are currently leased through JLA with cellar and boiler room. Additional located on the first is an additional laundry store. OUTSIDE Private driveway leads to the hotel and into a spacious car park at the rear of the property. To the front, there is a well-maintained and private garden area with terraced area and outdoor seating. The hotel sits in a site of circa. 1 acre. CHETWYNDE HOTEL, ABBEY ROAD, BARROW-IN-FURNESS, LA13 9JS

LICENCES PRICE Premises Licence Offers in the region of £1,395,000 are invited for the freehold complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation. Civil Ceremony Licence WEBSITE FINANCE Colliers International is able to assist prospective by introducing sources of finance is www.chetwyndehotel.co.uk required. Whilst we do not charge the buyer for this service, we may receive an TRADE introductory commission from the lender or broker involved. Profit and Loss Accounts for the year ended 31 December 2018 show sales of £538,246. TO VIEW Further trading information can be made available to any seriously interested parties All appointments to view MUST be made through the vendors’ agents who are acting with following a viewing. sole selling rights. CHETWYNDE HOTEL, ABBEY ROAD, BARROW-IN-FURNESS, LA13 9JS

Chetwynde Hotel

Chetwynde Hotel - Annexe

FURTHER INFORMATION For further information or to arrange an inspection of the property, please contact:

Neil Thomson Tel: 0161 831 3337 / 07920 258226 Email: [email protected]

Disclaimer Colliers International gives notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. (May2019) Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England and Wales with registered number OC385143. Our registered office is at 50 George Street, London W1U 7GA. www.colliers.com/uk/hotels