Acquisitive group snaps up 90-room spa town hotel
A hotel in Harrogate has been acquired by The Inn Collection Group.
The Group has completed the purchase of the 90-room Edwardian site in the centre of the town for an undisclosed value, as it continues to broaden its customer base across Yorkshire.
Sean Donkin, managing director, said: “The Hotel St George is an exciting acquisition for us as we continue to expand our customer base and imprint in Yorkshire while continuing to roll out our buy and build strategy as an operator.
“We have had Harrogate in our sights for a considerable time while identifying a site that is a fit with our ‘Eat, Drink, Sleep and Explore’ brand.
“This superb site will be a tremendous asset for our customers and our portfolio of inns in the best UK locations.
“We are looking forward to enhancing this stunning building so it delivers its full potential for visitors and customers living in and around the locality in Harrogate.
The Hotel St George includes The Swaledale Restaurant and six function rooms. It will continue trading and will undergo refurbishment and remodelling works in 2022.
The purchase of The Hotel St George follows the Alchemy-backed group’s acquisitions of landmark Yorkshire venues The Dower House in Knaresborough, The Dean Court in York and The Ripon Spa Hotel.
Elsewhere in Yorkshire, the Group is redeveloping Northallerton’s former police station into a 32-bedroom pub with rooms called The Northallerton Inn.
Ward Hadaway corporate partner, Imogen Holland, provided legal advice on the Hotel St George acquisition with Silverstone and Bradley Hall advising on pre diligence.
Neil Hart, group managing director at Bradley Hall Chartered Surveyors and Estate Agents, said: “We are proud to have supported The Inn Collection Group with another acquisition – adding to its impressive portfolio and further cementing the firm as a leader in its field and an ambitious and successful operator.”
Gavin Wright, senior director (hotels and hospitality) at JLL advised on the sale on behalf of the vendors.
