Wed, 14 Aug 2013 | BUSINESS SALE
An 18th Century listed hotel in Driffield, East Yorkshire, has been placed on the market with a £1 million price tag.
The Bell Hotel has 16 en-suite bedrooms, along with a bar and restaurant featuring a menu of 300 different whiskies, its own leisure club, The Driffield Spa, with spa facilities and floatation tank, gym, swimming pool, one meeting room and a squash court. Its turnover figure is £730,000 net of VAT.
Current owner George Riggs and his wife Rita have owned and run the business for 38 years and are now looking to hand the reins over to a new owner.
Specialist property advisers Christie + Co have been brought in to market The Best Western Bell Hotel on behalf of the owners.
David Lee at Christie said: “We are delighted that George and Rita have chosen Christie + Co as their adviser to sell The Best Western Bell Hotel.
“After 38 years of ownership we understand this was a difficult decision for our clients to sell the hotel. The bell hotel is an excellent business which has many different attributes.”
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Related information:
NiteNite hotel bought out of administration
A buyer's guide to hotels for sale in the UK
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