Renowned residential inns the Horse & Farrier and Salutation Inn at Threlkeld near Keswick in the Lake District have been sold by the specialist hotel and licensed property team at real estate advisors Colliers International.

Acting on behalf of owner Julie Harrison who is retiring from the industry, Colliers International sold the businesses to David Arkley and his father Alistair, who are moving to Threlkeld from Darlington in the North East of England. 

David Arkley has more than 10 years’ experience of managing similar high turnover food and beverage outlets while his father Alistair has a lifetime of experience in the licensed trade and is still active as chairman of Chameleon Bar and Dining and a non-executive director of S.A. Brain in Cardiff.

The two leasehold inns were sold for an undisclosed sum in an off-market deal by Colliers International. 

The sale was achieved by Haydn Spedding, associate director, hotels agency at the North West office of Colliers International in Manchester.

He said: “The Horse & Farrier is a landmark residential inn, known throughout the Lake District not only for exceptional food but also for its 12 high quality ensuite letting bedrooms. Julie also owned the lease of the similarly successful Salutation Inn, recently renamed “The Sally”. 

“This is the third business in and around Keswick that we have sold within the past month and is further evidence of increasing transactional activity in the hotel, hospitality and licensed sectors in the Lake District where Cumbria Tourism’s recent research figures show significant increases in visitor numbers during 2014.”