Investment planned for newly purchased hotel
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A buyer has been found for a 45-bed grade II listed hotel in North Yorkshire.
Specialist property business advisor, Christie & Co, has confirmed the sale of The Black Swan Hotel, located in Helmsley, to the Inn Collection Group.
The Black Swan hotel dates back over 500 years and retains much of the architectural style of the Tudor, Elizabethan and Georgian periods.
As well as its accommodation, it also features four themed parlour rooms, landscaped walled gardens with heated gazebo, and an award-winning restaurant and tearoom and patisserie.
Sean Donkin, managing director for The Inn Collection, said: “A full investment project is planned which will treat the building with the sensitivity it deserves. We chose the site, as Helmsley has long been a target opportunity and The Black Swan is a landmark site.”
David Lee, regional director at Christie & Co comments, said: “We are delighted to have been asked to sell The Black Swan on behalf of the owners, as we have long since been admirers of this outstanding business.
“This is a truly iconic hotel, well known and highly respected across Yorkshire and we are sure the new owners will elevate its status even further. The sale further illustrates the demand for hotels of this magnitude across the county and the wider north east region.”