Award-winning hotel operator, The B+B Collection has purchased The Groves Hotel in York, for a price close to the asking price of £2.15m.
Located in St Peter’s Grove, the hotel has 26 bedrooms, a dining room, staff accommodation and private parking and marks B+B Collection’s 5th property acquisition in just over a decade.
The award-winning bed and breakfast portfolio includes B+B Belgravia, which was the group’s first purchase in London in 2004.
The brand has since gone on to open B+B hotels in Edinburgh, Weymouth and Wickham, all of which are situated in historic, listed buildings that have been redeveloped into contemporary hotels.
Peter Bean, from Colliers who advised the vendors on the sale, said: “Superbly situated an easy walk from the Minster, The Groves was acquired by the current owners in 2009 and converted from a training centre into a highly profitable Bed & Breakfast business.
“York was the natural next location for B+B Collection which has grown a successful portfolio of hotels in cities which enjoy a strong tourism trade. We look forward to seeing B+B Collection put its unique stamp on the property.”