Napthens advises on sale of historic Ambleside property

Napthens - June 9th 2017

A historic property located in Ambleside is set for refurbishment following its acquisition by a Cumbrian residential property developer.

Lesketh How, which was built in 1844 and is set in over two acres of land, has been sold by the Lake District Estates Company Ltd to Russell Armer Ltd for an undisclosed sum.

The property was granted planning permission in 2016 to allow an extension and conversion into six two-storey homes. It was once the home to Dr John Davy, the physician to William Wordsworth.

Lake District Estates, which is a family owned business, operates a range of tourist attractions, caravan parks, retail outlets and letting properties in the Lake District. It purchased Lesketh How in the 1950s.

The company’s chief executive, David Little, was advised on the sale of the property by Kate Mallaband, partner and head of the Cumbrian Commercial Property team at Napthens solicitors in Penrith and Kendal.

Kate Mallaband of Napthens said: “The sale of Lesketh How presents a fantastic redevelopment opportunity involving a high-profile property in a sought-after location in the Lake District. I look forward to seeing how it is developed by its new owners.”

David Little added: “We are happy the property has been purchased by a well-respected local builder that will be able to do justice to this amazing building.”