A popular and distinctive canalside business in rural Preston is for sale after over 44 years under the same family ownership.
Guy’s Thatched Hamlet, including Owd Nell’s Tavern, Guy’s Eating Establishment and Tommy Hatton’s function room, on St Michael’s Road close to Garstang, has hit the market advertised as a 65-room hotel in a ‘highly-desirable’ location.
The brochure accompanying the listing states that net turnover is around £4.2m and that substantial offers are invited. No guide price is listed.
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It reads: “Guys Thatched Hamlet & Hotel is located in a highly prominent and accessible area with easy access to the Lake District, Fylde Coast and the Trough of Bowland.
“The hotel element has 65 en suite letting bedrooms and attracts a high volume of leisure-based business together with a mix of commercial trade.
“The property is conveniently and strategically well located on the A6 to the south of Bilsborrow village and abutting the Lancaster Canal.
“Located within 4 miles (10 minutes’ drive) of the intersection of the M6 and M55 motorways it is ideally placed to take advantage of the high flow of business coming from the surrounding districts.
“The business was acquired by our clients over 44 years ago and has since been the subject of extensive refurbishment, adaptation and extensions have been constructed.
“Guy’s Thatched Hamlet is unique and renowned throughout the whole of the North West of England. There is a solid year-round trading base, with the food and beverage offering being extremely busy throughout the Summer and Festive periods.”
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