A THREE-STOREY luxury bed and breakfast in the Lake District worth more than £1m has been put on the market.

Storrs Gate House Hotel, a traditional 19th century house in Bowness-on-Windermere, is on the market with specialist business property adviser Christie & Co who are seeking offers of more than £1.05m.

The glamorous retreat has seven ensuite letting bedrooms spread across the first and second floors, a 14-cover dining room and lounge on the ground floor and a terrace which overlooks the property’s gardens.

The current owners, Vince and Shirley Byrne, acquired the business in 1999 and have built it up with traditional-style decor and attractive period features.

The business is well-known locally as well as further afield and was a winner of the 2014-15 Breakfast Award by Visit Britain.

Ashley Cobban, a business agent for Christie & Co, said: "There is great potential for an incoming purchaser to further develop the restaurant side of the business with the introduction of evening meals, which would undoubtedly increase turnover.

"It would suit all kinds of buyers from either a first-time purchaser to an experienced operator with catering experience who is looking to build on the excellent foundation that the current owners have established in a unique location only minutes away from Lake Windermere."

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