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Home Business

Lake District guest house sold for £925,000

by Cumbria Crack
16/03/2022
in Business, Latest, News
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Fairfield House

A Lake District guest house has been sold from a guide price of £925,000.

Fairfield House, in Bowness-on-Windermere, was sold by specialist hotel agency team at Colliers.

Originally built in 1830 as a wedding gift by the Garnett family for their son, Fairfield House was acquired by Tony and Elizabeth Blaney in 2002.

During their ownership, they have kept the interior style of the early 1900s.

The house has five bedrooms plus two self-contained two-bedroom apartments for letting, breakfast room for 18 covers, bar, resident lounge, and gardens that look towards Windermere.

The couple have decided to retire to live closer to family and sold the guest house to Nick Bailey, who moves to Bowness from Morecambe.

Nick said: “I am thrilled to have secured this iconic property as I’ve had my eye on it for some time. This is a highly admired hotel so it’s a pleasure to take the business on board. The previous owners have done a really great job with the hotel, and I am looking forward to putting my own stamp on things.”

Haydn Spedding, consultant in Hotels Agency team at Colliers said: “Fairfield House is a lovely, detached property, with immense character and set among wonderful, landscaped gardens.

“Tony and Elizabeth are known to many in the village as Tony has been a prominent figure in the Lakes Hospitality Association and a former chairman. It was a pleasure to act on the sale and I am excited to see what Nick has in store for the future of the business. The sale of Fairfield House continues to illustrate the strong market demand for hotels and guest houses in the Lake District and Cumbria. “

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