Specialist business property adviser Christie & Co say they have been instructed to market Whitby's Resolution Hotel.
The Resolution Hotel comprises 38 letting bedrooms including 10 individually designed and spacious suites, spread across five floors. The hotel is also home to bar and restaurant “The Vault” which serves 50 covers and is open to the public as well as hotel guests.
The hotel has been listed for sale with an asking price of £3.2m.
The sales listing says:
"The imposing Grade II listed building has recently undergone significant refurbishment and is presented to an excellent standard throughout. The restaurant is regularly fully booked and receives strong customer reviews.
The hotel is located at the heart of Whitby town centre, surrounded by a variety of shops, cafes, bars and restaurants, and just 200 metres from Whitby harbour, the focal point of the town. With its stunning Abbey, which is famous for being the inspiration behind Bram Stoker’s Dracula, as well as its connections to Captain James Cook, who once lived in the town and who’s ship the hotel is named after, Whitby is a historic and quaint yet hugely vibrant seaside town much frequented by tourists and leisure visitors.
The town is one of the hot spots of the magnificent North Yorkshire Coast and offers easy access to the North York Moors National Park, as well as other popular towns and villages such as Scarborough, Robin Hood’s Bay, Sandsend, Runswick Bay and Staithes."
Mark Worley, Director – Hotels at Christie & Co who is managing the sale, said:
“It is rare for a hotel to come to the market in Whitby, especially one of such magnitude and prominence.
The owner has invested heavily in the refurbishment with considerable and very recent remodelling and upgrading of suites, bedrooms and The Vault bar/restaurant. As a result, trade and profits have increased to very healthy levels, along with customer experience and reputation.
This is a great opportunity for a new owner operator to reap the further rewards of our seller client’s financial outlay and to purchase a hotel in a hugely popular location.”
The hotel freehold is on the market with an asking price of £3,200,000, there are more details at https://www.christie.com/5444115/
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