Greene King has acquired The Village Inn Bar and Grill in Bowness-on-Windermere, via commercial real estate specialists Colliers, for an undisclosed sum.
In the heart of the Lake District, just moments from Lake Windermere in Bowness, Windermere village, the award-winning Village Inn, which confidentially came to the market during the last year, is one of the most popular and recognised food and drink establishments in the area.
The venue holds seating for 135, with an extensive and popular outdoor dining facility for up to 90 covers.
A Greene King spokesperson said, “We’re delighted to have completed the purchase of the Village Inn. We’re refurbishing the pub over the next few weeks and are aiming to have it back open again for the community as soon as possible. We look forward to announcing further details in due course.”
The Village Inn is situated in a prime location on a road leading to the extremely popular Bowness Bay, which provides significant footfall to the reputable Lakeland hospitality business.
Julian Troup, head of Hotels at Colliers, said, “Our instructions were to proceed in a highly confidential manner and significant interest was soon generated in this iconic trading business. The positive level of interest follows a pattern of increasing demand for provincial UK hospitality businesses.
'Having sold 22 hotels and hospitality businesses in the Lakes in 2021, being a record number for us, this sale of the Village Inn is now the third hospitality business in the area we’ve sold in 2022.
'This continued volume of transactional activity demonstrates the continued domestic, private and corporate demand for ‘staycation’ locations throughout the UK.”