Squire Hotels adds Lakes property to portfolio

LAKES hotel the Windermere Hydro has been sold for £3.75m.

The 84-bed venue, close to the centre of Bowness-on-Windermere, has been bought by Squire Hotels which is planning a full refurb.

It has been sold by Lake Hotel Ltd, which is owned by Paul Tomlinson and Ken Burchill who are retiring.

Squire Hotels is based in Manchester and owned by Christine Adamson. Last year it acquired Etrop Grange near Manchester Airport and The Swallows Hotel near Preston.

Julian Troup, head of UK hotels ag... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...