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Historic Pheasant Inn brought to market with £2.5m guide price

The Pheasant Inn

The Pheasant Inn on the edge of Bassenthwaite Lake in Cumbria has been brought to market by Savills, acting jointly with JLL.

On behalf of a private client, the listing has been made with a guide price of £2.5m.

Offering 15 traditionally furnished en-suite bedrooms as well as a three bedroom manager’s house, it is set within seven acres of its own grounds and is a former staging post and coaching inn.

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Tom Cunningham, hotels director at Savills, commented: “The Pheasant Inn presents a fantastic opportunity for a new owner to acquire an historic property in one of the UK’s most popular tourist destinations, with genuine opportunities to further enhance the facilities and increase revenue.”

It also comprises a two AA Rosette Fell restaurant with 36 covers as well as a 42-cover bistro.

Neil Milligan, associate at JLL, the real estate firm assisting with the sale, added: “Opportunities to acquire freehold assets such as this in the Lake District appear all too infrequently. The Pheasant Inn will allow the incoming investor a unique opportunity to capitalise on this iconic location and add value to this long established business.”

Tags : cumbriamarketsavills
Alex Douglas

The author Alex Douglas

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