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Home , Buttermere, Coniston Water, Ennerdale Water, Grasmere (lake), Thirlmere, Ullswater

An exciting opportunity to acquire a landmark country inn and micro-brewery business in the heart of the District

WATERMILLOCK | | | CA11 0LP w Highly successful country inn overlooking Ullswater and the Lakeland fells w Set in around 6 acres of land with spacious car park w Spacious public bar and restaurant (85), and outdoor seating areas w 15 en-suite letting bedrooms w Micro-Brewery producing around 200 barrels a year w 8 Staff bedrooms including manager/owners self-contained cottage w Combined t/o-March 2019 c£680k EBITDA c£195k Price £2,300,000 Freehold

WATERMILLOCK | ULLSWATER | CUMBRIA | CA11 0LP Brackenrigg occupies a superb elevated Brackenrigg was acquired by the present owners in 1996 and during their ownership position on the road between they have completely re-configured this landmark property. They have replaced all of BACKGROUND and , giving it wonderful, the en-suites and upgraded the letting bedrooms as well as providing additional letting breath-taking views out across Ullswater bedrooms from the former self-catering cottages. Ground floor bars and restaurants and the fells beyond. have similarly been upgraded as well as adding terraces to both the frontage and rear garden, giving wonderful additional al fresco dining and drinking area in which to take Believed originally to have been built as in the stunning views of Ullswater and . a coaching inn with its beautiful bay window frontage added during Victorian times. Most recently, they have converted a former stable building in to a micro-brewery. The adjacent stable block, containing three This continual enhancement of the property has helped it increase income from suites with interconnecting family rooms, not only the letting bedrooms but also from food and beverage, seeing turnover adds additional letting accommodation and profitability significantly enhanced. Having enjoyed their many years of and there is a wonderful elevated terrace ownership of Brackenrigg, the owners are now looking to enjoy their retirement. to the frontage as well as micro-brewery and plenty of car parking, making Brackenrigg one of the best-known and most popular destination inns in the .

WATERMILLOCK | ULLSWATER | CUMBRIA | CA11 0LP Against a backdrop of classic Lakeland fells on one side and a gently LOCATION curving shoreline of fields and woodland on the other, Ullswater meanders and twists its way through nine miles of spectacular Lakeland countryside with Brackenrigg halfway between. Topped and tailed by Pooley Bridge and Glenridding, Ullswater gives that delightful feeling of remoteness but is so close to the M6 Motorway as well as Keswick and the northern Lakeland fells. Beyond Glenridding lies Brotherswater and the Kirkstone Pass, taking you over to and and such easy access to central Lakeland fells, all of which makes Brackenrigg not only a delightful place to stay and tour this breath-taking countryside, but a destination in its own right.

Bassenthwaite Penrith Lake A66 A66 A66 Kirkby Thore North Pennines AONB Keswick Watermillock Appleby-in- Crummock Water Derwent M6 Water Ullswater Helvellyn A66 Brough Haweswater A66 A685 A591 Kirkby Stephen Pike Tan Hill Grasmere A6 Rydel Water A685 Lake District Ambleside Boot National Park A591 Coniston M6 Thwaite Bowness-on- Grizedale Windermere Torver A595 A684 Sedbergh Windermere Garsdale A591 Bootle

A5092 Yorkshire Dales A595 A590 Kirkby- National Park in- A65 A591 Kirkby Grange- M6 Lonsdale Chapel-le-Dale A590 over-Sands Ingleton

Carnforth A65

A683 A65

WATERMILLOCK | ULLSWATER | CUMBRIA | CA11 0LP Of local construction with rendered façade LETTING BEDROOMS THE and tiled roof, three suites and family Located on the first floor of the main building are 9 letting bedrooms comprising 6 double, rooms are detached from the main building 2 single and 1 family room. The rooms are well-presented and decorated and many of which PROPERTY and are built of stone construction under have views to Ullswater. a tiled roof. There are 2 additional bedrooms which are currently not traded but used as an office and PUBLIC AREAS a staff bedroom, these could be developed to create additional letting rooms if required. From the main entrance at Brackenrigg Inn, In addition, there are 3 superior suites located in an attractive converted stable block. Each there is a reception hall leading in to the can sleep up to four and have private bathroom/en-suite facilities and lounge areas. One main bar – a traditional and welcoming bar of the suites is wheelchair accessible with a wet room for disables access. Upstairs above with traditional wood floors, timber and each suite is a family bedroom with double and single bed, and full bathroom these have marble bar servery and open fireplace their own entrances but can also be interlinked to the suite below giving a total capacity and tables and chairs for around 28. To the of up to 8 people per ‘cottage’. right is the main restaurant with seating for around 30 and the dining room with seating for around 24 with glorious views to Ullswater.

WATERMILLOCK | ULLSWATER | CUMBRIA | CA11 0LP SERVICE AREAS MICRO BREWERY OUTSIDE Fully equipped commercial catering kitchen Located in converted stables behind Brackenrigg Inn is set within around 6 acres of land overlooking Ullswater with spectacular with wash-up area, fridges and store rooms the main inn is the Brackenrigg’s own views of the hillsides and mountains which surround it. To the front is an outdoor seating and services the dining room, bar and micro-brewery, trading under the brand area which is popular with guests in the warmer months with picnic tables, benches and main restaurant. ‘Brack’N’Brew’. The brewery was chairs. To the side is a large car park and to the rear both a terraced garden with tables and established in 2015 and produces chairs sitting 32 and a large open grassed field which could be developed subject to planning. STAFF ACCOMMODATION five different ales, many of which Located in the main building but with are sold through selected separate access is the staff accommodation outlets in the Ullswater which provides a 3-bedroom flat. In addition, area. This successful and there is a self-contained managers cottage profitable micro-brewery which is currently configured to have 4 staff provides an additional bedrooms with a full bathroom and kitchen. income stream and modest profits throughout the year.

WATERMILLOCK | ULLSWATER | CUMBRIA | CA11 0LP FURTHER INFORMATION Area: 5.541 acres (2.242 ha)

SERVICES Mains water. LPG Gas for cooking and For further information, heating. Private treatment for sewage. please contact: LICENCES Neil Thomson ASSOCIATE DIRECTOR | HOTELS AGENCY Premises Licence ALTERNATIVE MARKETS

TRADE D +44 161 831 3337 Profit and Loss accounts provided by M +44 7920 258226 the owner shows Sales for Brackenrigg to March 2019, t/o £630,682 EBITDA £175,596. Chancery Place Profit and Loss accounts provided by the Brown Street | M2 2JT owner shows sales for North Country Ales Ltd (trading as Brack’N’Brew Brewery) to DISCLAIMER March 2019, t/o £47,349 EBITDA £18,797. 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 Further trading accounts and information without any responsibility and any intending Purchasers, Lessees or can be made available to any seriously Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the interested parties following a viewing. correctness of each of them. No person in the employment of Colliers International has any authority to make any representation or warranty whatsoever in relation to this property. May 2019. Colliers International is the licensed trading name of Colliers International Property Advisers LLP which i s a limited liability partnership registered in and Wales with registered number OC385143. Our registered office is at 50 George Street, W1U 7GA.

WATERMILLOCK | ULLSWATER | CUMBRIA | CA11 0LP An exciting opportunity to acquire a landmark country inn and micro-brewery business in the heart of the Lake District

WATERMILLOCK | ULLSWATER | CUMBRIA | CA11 0LP