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See how verdicts work2-bedroom house · LA22 0NZ
For saleReduced £22k (−12.9%) on 21 JunListed 447 days
Opportunity summary
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About
Two bedroom accommodation and coffee shop / tea rooms in Ambleside for Sale.
Ernest Wilson are delighted to bring to the market this thriving, well-loved and highly recommended tea room with two-bedroom owners' accommodation, ideally located in the heart of the historic and picturesque village of Hawkshead, within the stunning Lake District National Park.
Hawkshead is an unspoiled and charming village nestled in the centre of the Lake District, one of the UK’s most sought-after tourist destinations.
Surrounded by natural beauty, the village attracts visitors year-round from across the globe, including coach tours and holidaymakers.
The tea room is an exceptionally busy and beautifully presented business, operating from a stunning Grade II listed 15th-century building full of charm and character including original features such as stone floors and exposed wooden beams.
The business has been successfully owned and run by our clients for many years, building an excellent reputation and attracting a loyal customer base, including locals, holidaymakers and repeat visitors.
The business enjoys a strong online presence with an informative website and excellent TripAdvisor reviews. Weekly Turnover £5,000 to £5,500. It is fully equipped and sold as a turn-key operation.
There is significant opportunity to increase revenue by extending opening hours or introducing evening bistro dining. Prominent trading position in the heart of the village square.
Held on secure lease with sensible rent and comprising ground floor main entrance into spacious tea room seating around 21 in comfort, overlooking feature oak staircase.
Serving counter with cake displays, coffee machine, grinders, fridges, freezers and till overlooking an open plan food preparation area. Small retail area offering a selection of gifts and cards.
Well-equipped kitchen with an array of quality catering equipment. Additional food preparation and wash-up area, dry store and utensil storage. Customer WC.
Externally is a large outdoor patio with seating for 24 customers in total.
To the first floor is the owners’ private accommodation which has previously been utilised as a holiday let and can be accessible without entering the business premises.
Comprising spacious lounge with views overlooking the square, fully fitted kitchen, large family bathroom and two good sized double bedrooms.
Both the commercial and residential accommodation are well decorated throughout and really must be seen to be appreciated. EPC Band C. Stock at valuation.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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