The property was put on the market for offers over £1.5m on behalf of their clients, the charity Guide Dogs which sold the hotel for strategic reasons in order to focus on its core activities.
The 35-bedroom hotel is set in three acres of woodland close to Bowness-on-Windermere and will continue to provide holiday accommodation for the visually impaired and partially sighted.
Starboard Hotels is one of the hospitality sectors fastest growing, privately owned operator/owners of multi-branded hotels. It has a portfolio of 14 hotels across the UK under leading brands including Holiday Inn Express, Best Western, Days Inn and Ibis.
Martin Davis, Director of the Hotels and Leisure Team at GVA’s Manchester office said: “Given its excellent location, the hotel generated considerable interest from a wide range of potential buyers and following a full open joint marketing campaign, a sale was agreed to Starboard Hotels.
“Starboard was selected as the purchaser given that they have advised that they would like the hotel to continue to be used for providing Lakeland holiday accommodation for guests with all abilities including the visually impaired and partially sighted.”
Julian Troup, Head of UK Hotels at Colliers, added: “We are pleased that we have completed the sale of this hotel to buyers that will continue to support the visually impaired and partially sighted guests.
“Furthermore, the substantial three-storey property provides an excellent opportunity for the new owners to further enhance and develop the hotel offer for guests.
“As anticipated, significant interest was generated from both domestic and overseas buyers, resulting in multiple formal offers being received.”
Paul Callingham, Managing Director and founder of Starboard Hotels, added: “We are delighted to have acquired this prestigious hotel from the charity Guide Dogs.
“We intend to sympathetically restore the hotel, maintaining the great facilities that already exist for people with sight loss and their families, alongside offering superb facilities for everyone to enjoy. We look forward to welcoming the hotel team and guests to enjoy being part of the Starboard family.”