A Lake District hotel has been sold after an asking price of £1.275 million.
The Royal Oak Hotel in Rosthwaite has been sold following the retirement of current owners Susan and Nuala Dowie after 50 years, and two generations, of family ownership.
The 15-bedroom hotel and restaurant and former farm and miners’ tavern in part dates back to the 1750s and is located on the crossroads of the Cumbrian Way and Inn Way along the coast-to-coast route, within close distance to the fells from Scafell Pike and the shores of Derwentwater.
Haydn Spedding from Colliers’ Hotel Agency team said: “The Royal Oak Hotel is a well-known hotel and firm favourite for walkers. The business has done really well in the last five decades, expanding its offering to provide further accommodation in the converted barns.
“Susan and Nuala have very much enjoyed their time at the Royal Oak, especially their interactions with the many staff and guests they’ve grown to know. While it is the end of an era for them, they wholehearted wish the new owner the very best as they take the Royal Oak and its rich heritage into a prosperous future.”
