Alistair Arkley, chairman of Chameleon Bar & Dining and non-executive director of SA Brain, has teamed up with his son David to acquire two of the best-known residential inns in the Lake District.

The pair have acquired The Horse & Farrier and Salutation Inn at Threlkeld near Keswick.

David 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, including founding New Century Inns.

The two leasehold inns were sold for an undisclosed sum in an off-market deal 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 en-suite letting bedrooms. Owner Julie Harrison also owned the lease of the similarly successful Salutation Inn, recently renamed The Sally.”