Initial price	£325,000
02/10/24	£289,950
Price Change	-10.78%

This substantial 7/8 bedroom hotel in Millom, Cumbria, is nearing completion of a major refurbishment and offers a rare opportunity for a new owner to put their own stamp on the property. The hotel, which has been successfully run as a bed and breakfast, features a ground floor function room, restaurant, and bar, as well as a separate lounge and kitchen. The three upper floors offer ten en-suite bedrooms, a breakfast room, and a newly refurbished three-bedroom apartment for the owner/manager. With a prominent location on the main road into Millom town centre, adjacent to the train station, and situated on the edge of the Lake District, the hotel has a high demand for bookings from both business and holiday guests. The current owner is retiring, leaving a new owner with the opportunity to further develop the business and capitalize on its potential.