Lane Head Farm Country Guest House, near Keswick, has been sold for close to the asking price of £720,000.
Built in 1765 and used for agricultural purposes until 1968, Lane Head Farm Guest House comprises seven bedrooms and a two-bedroom owners’ flat.
The property has been sold to new owners David and Suzette Clarke, who are making the move back from Texas for the new venture.
The guest house is situated between the popular destinations of Keswick and Penrith, an ideal position for visitors to the Lakes as well as the surrounding attractions such as The Theatre by the Lake.
Haydn Spedding, associate director at Colliers International, said: “We instantly recognised the property’s huge potential and were able to quickly secure new owners.”
He added: “This sale further underlines the continued confidence in the hospitality industry in the Lake District and Cumbria area, following last year’s World Heritage Site inscription.”
Global real estate advisor, Colliers International, has sold the freehold on behalf of local business owners.