Boutique dales hotel and restaurant changes hands

A boutique hotel, restaurant and bar in Wensleydale, North Yorkshire, has been sold.

Yorebridge House was owned by David and Charlotte Reilly for 19 years and has been acquired by DWC Hotels in a deal arranged by specialist business property adviser, Christie & Co. The hotel was sold off an asking price of £3.8m.

The five-star hotel features 12 ensuite bedrooms and is also home to The Orangery restaurant, a bar, a function room and the Laurent Perrier wine-tasting room.

There are also a further two rooms licensed for marriage and civil partnership ceremonies.

The property is Grade II listed and set within six acres of private grounds next to the River Ure.

David and Charlotte Reilly said: “We have thoroughly enjoyed our years owning Yorebridge House and we are happy to be handing over the reins to David and his team, who we know will nurture this fantastic business and its wonderful team of staff and continue to improve and develop it for a very exciting future.”

David Whitehead, director of DWC Hotels, said: “We are super excited about taking Yorebridge House on to its next chapter, with the development of a mini spa and barn conversion to add more accommodation.

“This is a unique venue and we are privileged to have been able to secure it and move forward in our business goals for the company.”

Jennifer Boynton, associate at Hay & Kilner, who provided legal advice to DWC Hotels, said: “It’s been a pleasure to advise and work with DWC Hotels on their acquisition of Yorebridge House.

“This purchase demonstrates that the leisure and hospitality industry remains buoyant and the demand for businesses in the sector continues.

“We wish them well with their new venture operating this iconic, boutique Dales hotel, which will be a great acquisition to their already successful portfolio.”

David Lee, regional director – Hotels at Christie & Co, who managed the sale, added: “I have known Dave and Charlotte Reilly for a number of years and we all worked closely together to firstly agree an exit strategy, and then during the process of selling the hotel to maximise interest but limit disruption to the day-to-day running of the business.

“We were pleased to conclude the sale of Yorebridge House to David Whitehead.

“Yorebridge House is one of the finest examples of a boutique hotel in the country and it was a privilege to be involved in the sale.”