8 bedroom country house for sale

£1,750,000 Guide Price

8

Bedrooms

8

Bathrooms

Floorplan

A Rare Lake District Lifestyle Opportunity Awaits! Your dream of living and working in the Lake District starts here!

The perfect live/work opportunity in a prime Lake District location with an award-winning restaurant in Pooley Bridge! Featuring 7 en-suite guest rooms (2 junior suites), 1-bed ground floor apartment (potential for another), 38-cover restaurant, landscaped gardens, off road parking, and planning permission for a 3-bed house.

Imagine owning a piece of paradise in the Lake District! This outstanding freehold property presents a unique lifestyle opportunity whilst living in a wonderful village community: a successful and established hotel with an award-winning licensed restaurant in the idyllic village of Pooley Bridge, by the shores of Lake Ullswater. The main building offers seven luxurious en-suite guest bedrooms, including two junior suites, while a superb one-bedroom ground-floor guest apartment provides additional accommodation, with potential for expansion. Guests can enjoy the 38-cover internal restaurant and the beautifully landscaped garden terrace perfect for al fresco dining. With nine on-site parking spaces and planning consent for an ancillary detached three-bedroom house, ideal for owners accomodation, this property offers not only a thriving business but also a lifestyle immersed in the beauty of the Lake District.

Internally - Arranged over three floors and internally like a tardis with around 4500 sq.ft of accomodation and offering a wonderful licensed bar and a welcoming lounge area where guests can enjoy the 38-cover stylish restaurant on the ground floor. On the first floor, there are five luxurious en-suite guest bedrooms, and on the second floor there are two junior suites with relaxing lounge areas and contemporary bathrooms. Each room is presented to an immaculate standard with high quality fixtures and fittings, stylish and well considered en-suites and each is beautifully decorated with individual style.

A recently renovated and luxurious one-bedroom ground-floor guest apartment has its own external access to the side. This is ideal for those looking for a private access accommodation and features an incredible bedroom with vaulted ceiling, fell-scape stone feature wall, lounge area, kitchenette and a magnificent bathroom. A hidden gem and a haven for tranquiility!

There is further potential for expansion to create an additional apartment or further accommodation space by utilising the flexible use room to the rear, complete with vaulted ceiling this would make another wonderful apartment, subject to the relevant planning consents. To the rear of the ground floor there is an extensive commercial kitchen and behind the scenes rear yard offering ample storage/pantry cupboards/cold storage rooms and more.

Externally - Externally to the rear of the restaurant there is a beautifully landscaped garden terrace which is perfect for al- fresco dining and has decking and a covered seating area. It offers privacy from the hustle & bustle of the village and a haven for the evening sunshine. To the front, there is off-road parking for 9 vehicles and a large garage/workshop.

Planning Permission - side, creating around 1500 sq.ft of accommodation using the grounds on which the garage currently sits. This would be perfect for those looking for staff/owner accommodation and has the benefit of its own landscaped garden, private undercover seating area and pond. More details on this can be found on the Lake District Planning ref. 7/2021/3006.
Please note: The vendors have completed the preliminary works required to ensure that that the planning permission will not expire and the site has had full building control sign off for this work. It has all been completed to building regulations compliant standard and full detailed construction drawings and costings can be provided.

Business Opportunity - The current owners have lovingly created a profitable, established and popular restaurant with boutique hotel style accommodation in a sought-after location. After 16 years of trading and a full re-brand in 2016, this is a retirement sale with the new owner having the opportunity to grow the business further or simply take over this successful lifestyle opportunity. The business currently trades 5 of 7 days and has a well-established team of staff. Further information on the financials can be provided to seriously interested parties upon request. Fixtures and Fittings by separate negotiation

Location - Pooley Bridge sits on the northern shore of Ullswater in the Lake District National Park and is a thriving village with a host of local amenities including shops, restaurants, post office, car parks and has an active village community with church and village hall. The dramatic backdrop of the Lakeland Fells makes this a honey pot for tourists and attracts visitors all year round. Leisure amenities within walking distance include the award-winning Ullswater Steamers, local pony trekking centre, the popular Ullswater Way circular walking route and a number of other excellent cycling, sailing and walking routes. Conveniently located around 6 miles from the market town of Penrith and the M6, around 15 miles from Keswick

Services - Mains water, electricity and drainage.
Oil central heating.

Epc & Council Tax - EPC - C
Council Tax - Business Rated

Please be aware that due to a limited number of EPC providers in Cumbria, there may be delays in obtaining Energy Performance Certificates (EPCs) for some properties. We anticipate receiving them within 7-14 days of the propertys listing. If there are any further delays, we will update the property brochure with the expected availability of the EPC. Thank you for your understanding.

Disclaimer - These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The services, systems, and appliances shown may not have been tested and has no guarantee as to their operability or efficiency can be given. All floor plans are created as a guide to the lay out of the property and should not be considered as a true depiction of any property and constitutes no part of a legal contract.



Features
  • Freehold

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 1480200

Mortgage Loan to Value

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Gross Yield

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Annual ROI

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Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 43750
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

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The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 167700
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
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  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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This is the percentage of the rent that you will spend maintaining the property.

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Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

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Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

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This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

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  • Final Equity Profit
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    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
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    Cumulative Rental Profit = Annual rental profit x Time of Investment

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Final Property Value

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