Specialist business property adviser, Christie & Co has been instructed to sell the award-winning Grassington Lodge located in the heart of the beautiful Yorkshire Dales National Park.
The guest house is situated on the edge of the picturesque market town of Grassington, which is the capital of Upper Wharfedale and considered to be the “Jewel in the Crown” of the Yorkshire Dales. It is a three storey, stone built property with a lounge, dining room for 18 guests and an additional guest lounge/sitting room. There are 12 letting rooms, including one suite arranged over two floors, and four premium rooms. 11 rooms have en suite facilities and all are decorated in a contemporary style and presented to a very high standard.
The guest house is a previous winner of Channel 4’s ‘Four in a Bed’, a reality show where four B&B owners take turns to stay with one another – and pay what they consider fair for their stay. It is also ranked top in the area on TripAdvisor and is highly ranked on Booking.com.
The current owners, Tim and Diane Lowe, have owned Grassington Lodge since 2004 and in that time they have extended and continuously improved the property. They are now looking to retire and have decided to sell. They comment, “The business has been a delight to run, given the number of guests who return again and again and its absolutely stunning and popular location – a true lifestyle business enabling owners to either be fully ‘hands on’ or take a back seat.”
David Cash, Business Agent at Christie & Co who is handling the sale comments, “Grassington Lodge would suit somebody looking for a change in lifestyle, even without any previous hospitality experience. As such, the current owner is prepared to offer a first-time purchaser a handover/transition period whereby they would give training and advice whilst helping to run the business for a finite period of time. Equally, it would also suit a buyer with experience in the hospitality industry, perhaps who has worked in hotel management or similar and would like a business to call their own.”
Christie & Co is seeking an asking price of £1.1m for the freehold of Grassington Lodge.