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Home Latest

Shap Wells Hotel on market for £3.85 million

by Cumbria Crack
23/04/2022
in Latest, News
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Shap Wells Hotel is on the market for £3.85 million.

The 108-room hotel has been in the hands of Skyland Hotels Ltd, which has undertaken signifcant improvements to the venue, which is being sold by hotel specialists Christie & Co.

Set within 15 acres of grounds, it also has a 300-cover restaurant and a lounge/bar for 90 covers.

For the year ending December 2019, it turned over £2 million.

Despite the impact of the pandemic, and the hotel only had its doors open for about seven months, sales were in excess of £1.6m with sales expected to exceed £2 million this year.

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