An historic hotel, which has been a popular destination with visitors to the Peak District National Park, is to reopen its doors to guests almost a year after entering liquidation.The Izaak Walton Hotel, in Dovedale, near Ashbourne, closed last May after its owner company failed, with debts of £1m to unsecured creditors.
Joint liquidators Peter Blair and Richard Saville, of business rescue and recovery specialists Begbies Traynor, Nottingham, have now sold the property with the assistance of property specialists Fleurets.
The new owners are Shropshire businessmen James Keay and Andy Jeneson, who will be refreshing the hotel ahead of it reopening at the end of May, with further sympathetic refurbishment to follow during the course of the year.
Peter Blair said: “We’re really pleased to announce the sale of the Izaak Walton Hotel and that it is going to continue to be a fantastic resort for tourists to the Peak District. It’s great news for the local economy.”
The hotel, which has also been a popular wedding venue, boasts 40 individual en-suite guest bedrooms, two bars, a restaurant, function room, detached five bedroom domestic living quarters and staff lodge.
Sitting on grounds of more than three acres, the hotel is located in a picturesque and tranquil setting and takes its name from the 17th century author of “The Compleat Angler”.
The hotel’s modern-day links with fishing are demonstrated by its exclusive fishing rights to a stretch of the Staffordshire bank of the nearby River Dove.