Overview

• The sale was brokered by Colliers’ specialist Hotels team, with head of agency Julian Troup noting strong interest from local and national operators.
• The Yorkshire-based purchaser, already operating multiple properties in Yorkshire and the North East, intends to invest in and continue running the venue.
• Set on over 20 acres just minutes from Junction 39 of the M6 and the A6, the hotel dates back to 1833 and was once famed for its reputedly pure waters and clean air.
• Public amenities include a Riverside Lounge Bar overlooking the Birkbeck River, an Art Deco-inspired main dining room, multiple lounges, a games room and two conference suites.
• Colliers says this transaction contributes to a busy year of UK hotel deals and reflects sustained confidence in the hospitality market.