The Borrowdale Gates Hotel in the Lake District has been put on the market with an asking price of £3.75m.
The specialist hotels team at the North West office of Colliers International has been instructed to sell the hotel by private owners Colin and Joy Harrison.
The Harrisons rescued the hotel in Keswick, from a state of decline in 2008 and have invested more than £1.5m in a complete refurbishment of the property.
Borrowdale Gates has been extended to provide 33 en-suite bedrooms and 13 staff bedrooms. The business has an annual turnover of more than £1m.
Julian Troup, head of UK hotels agency at Colliers said: "This is one of the most impressive Lake District hotels in one of the most attractive locations that we have brought to market.
"It has views towards Castle Crag – the smallest hill in Alfred Wainwright's influential 'Pictorial Guide to the Lakelands Fells' – and the only Wainwright below 1,000 ft.
"Turnover of the business continues to increase and there is much scope for further substantial increases with additional internet and agency marketing."