Baines Wilson advises on sale of Penrith’s historic George Hotel

Law firm Baines Wilson has advised Lake District Hotels Ltd on the sale of the George Hotel in the centre of Penrith.  This grade 1 listed building, where Bonnie Prince Charlie stayed on his way back from capturing the city of Carlisle in 1745, was on the market for a guide price of £2.75m.

In a deal that reflects the growing international interest in the UK property market, the hotel was sold to Everbright Group.

Andrew Hill, head of corporate and commercial at Baines Wilson, commented “This deal shows that commercial property in Cumbria, hotels especially, is attractive to overseas buyers and that our commercial property market remains robust.

“We’re delighted that this well-known building in Penrith’s market square has been sold to buyers committed to maintaining it’s unique character and keeping its heritage alive.”

Providing solutions for businesses and organisations throughout the North of England.

Email Alerts

Baines Wilson LLP send our clients and contacts legal updates by way of short email alerts. If you would like to receive our regular alerts, please follow the link below.

Sign up for Alerts

Awards & Accreditations

  • Lexcel
  • Chambers UK
  • Chambers UK
  • Supply Chain
  • Cyber Essentials