UK: Enterprise property adviser Christie & Co has accomplished the sale of Yorebridge Home, a boutique lodge in Wensleydale, Yorkshire, to proprietor DWC Accommodations off an asking value of £3,800,000.
Yorebridge Home is a Grade II-listed property set inside six acres of personal grounds subsequent to the River Ure.
It options 12 individually designed ensuite bedrooms, The Orangery restaurant and bar, a versatile operate room, and the Laurent Perrier wine-tasting room. An extra two rooms are licensed for weddings.
The lodge has been owned David and Charlotte Reilly for 19 years. The couple mentioned: “We now have completely loved our years proudly owning Yorebridge Home and we’re delighted to be handing over the reins to David and his staff, who we all know will nurture this improbable enterprise and its fantastic staff of employees and proceed to enhance and develop it for a really thrilling future.”
David Whitehead, director of DWC Accommodations, mentioned: “We’re tremendous enthusiastic about taking Yorebridge Home on to its subsequent chapter, with the event of a mini spa and barn conversion so as to add extra lodging. It is a distinctive venue and we’re privileged to have been capable of safe it and transfer ahead in our enterprise objectives for the corporate.”
Jennifer Boynton, affiliate at Hay & Kilner, who offered authorized recommendation to DWC Accommodations, mentioned: “It’s been a pleasure to advise and work with DWC Accommodations on their acquisition of Yorebridge Home. This buy demonstrates that the leisure and hospitality business stays buoyant and the demand for companies within the sector continues. We want them nicely with their new enterprise working this iconic, boutique Dales lodge, which shall be a fantastic acquisition to their already profitable portfolio.”
David Lee, regional director – motels at Christie & Co who managed the sale, added: “I’ve identified Dave and Charlotte Reilly for numerous years and all of us labored carefully collectively to firstly agree an exit technique, after which through the means of promoting the lodge to maximise curiosity however restrict disruption to the day-to-day working of the enterprise. We had been happy to conclude the sale of Yorebridge Home to David Whitehead.
“Yorebridge Home is likely one of the most interesting examples of a boutique lodge within the nation and it was a privilege to be concerned within the sale. I wish to thank Dave and Charlotte for the chance and wish to want David each success within the new enterprise and his growth plans.”