Grade II listed Lakeland inn on the market at reduced asking price
Specialist business property adviser, Christie & Co has reduced the asking price of The King’s Head Hotel, an impressive Grade II listed Lakeland inn, which overlooks the picturesque Stone Gill river in Ravenstonedale, Cumbria.
The traditional, two storey detached riverside inn features local Lakeland slate and has recently undergone refurbishments, being finished to a high standard. Guest accommodation comprises six tastefully appointed en suite bedrooms, comprising four double and two twin bedrooms. The ground floor houses a 32 cover lounge and bar with a feature stone fireplace and a 50 cover restaurant with a beamed ceiling, which overlooks the river.
Externally, there is a private beer garden and guest car parking. In addition, the property includes a two bedroom apartment, suitable for use as accommodation for a manager or owner-operator.
The inn is ideally positioned near the Howgill Fells, famously featured in Wainwright’s 1972 book, ‘Walks on the Howgill Fells,’ and just one mile from the popular Coast to Coast route which maps a path from the Irish Sea to the North Sea, attracting walkers, cyclists and visitors from across the country year round.
The Metcalfe-Gibson family has owned the property since 1892 and now wish to sell as they look forward to retirement. Christopher Metcalfe-Gibson comments, “The King’s Head is a much loved family business and I am sad to be selling, but the time is right to now move on and enjoy my retirement. I very much hope to find the right buyer who can continue to build on the solid foundations of this traditional Cumbrian pub.”
Keith Stringer, Director at Christie & Co who is handling the sale, comments, “The reduced asking price presents potential purchasers with a fantastic opportunity to acquire a beautiful, historic inn set within a picturesque Lakeland setting. Offering plenty of scope to increase trade, we expect the business’ revised pricing to be well received by the market.”
The King’s Head is now on the market at a new freehold asking price of £450,000.