09-04-2025
Award-winning hotel in Cumbrian coastal town sold for undisclosed sum
A HOTEL located at the heart of Silloth has been sold for an undisclosed sum to a Midlands-based hotelier.
The 23 letting bedroom Golf Hotel, which had a guide price of £795,000, has been purchased by hotelier Thuraivan Sivalingam. It had been marketed by the firm Colliers acting on behalf of the previous owners the Cueto family, who are retiring from the trade.
In addition to its rooms, the Golf Hotel also has an open-plan restaurant with seating for around 75, with a bar and a lounge area, as well as a function room with a capacity of 110.
The new owner Thuraivan Sivalingam said: 'I'm delighted to have bought the Golf Hotel and look forward to continuing to run the existing mix of business, and our long-term plans are to undertake a programme of refurbishment to further enhance the already impressive trading accommodation'.
In addition to the hotel, there is also several retail spaces including a laundrette which currently generates a letting income. The business had an annual net turnover to year end March 2024 of £575,907.
Julian Troup, head of hotels agency at Colliers said: 'The sale of the Golf Hotel again demonstrates the ongoing high levels of demand for well-established hotel and hospitality businesses.
"The Lake District and wider Cumbria area continue to be in high demand and the Golf Hotel is our 65th Cumbrian hotel sale since the beginning of 2021 and follows in the footsteps of our confidential sale of Borrowdale Gates Hotel in recent weeks.
"Cumbrian hotel owners should take note of the fact continued demand for all sizes of hotels in the region."
Sue Scott of Brockbanks Solicitors acted for the seller.
Colliers are also marketing the Golden Lion Hotel, Maryport for the Cueto family. That 16-bedroom hotel and bar is located in the heart of Maryport and is for sale with an asking price of £775,000.
