The hotel famed for former Top Gear presenter Jeremy Clarkson’s ‘bust up’ has been sold for the first time in its two-decade history.
Simonstone Hall near Hawes in the Yorkshire Dales hit the headlines in February last year after the BBC star punched one of the Top Gear producers, leading to his departure from the popular TV show.
Now 18-bedroom hotel was sold for the first time in 20 years as a private investor snapped up the property off an asking price of £995,000.
The deal, marketed by Colliers International, contributed to the spike in sales that the company has witnessed in the Yorkshire and North East regions over the past month, with five transactions being processed in just a matter of weeks.
Alongside the sale of Simonstone Hall, Colliers negotiated sale of the Beverley Arms Hotel in Beverley to brewer and retailer Daniel Thwaites, as part of its Inns of Character estate, at the end of February.
Acting on behalf of Ashdale Hotels, Colliers also advised on the sale of The Best Western Kings Head Hotel in Richmond, North Yorkshire. The hotel was sold to The Coaching Inn Group for a sum around £2m. The acquisition was Coaching Inn Group’s fifth in 12 months.
In the North East, Colliers also negotiated the sale of The Morritt Spa Hotel and Wedding Venue at Greta Bridge near Barnard Castle, on behalf of Dream Seen Ventures. North of England Estates (NOEE), which owns a number of hotels across the region, acquired the hotel for an undisclosed sum.
Finally, Colliers negotiated the sale of The Three Horse Shoes in Running Waters, County Durham on behalf of private clients to regional operator Key Inns Ltd. Colliers was inviting offers over £400,000 for the property.
Peter Bean, director of Colliers International’s Leeds Hotels Agency team, said: “These recent sales comprise a mix of property types from across the hotels spectrum and vary from private individuals entering into the hospitality sector for the first time and established operators adding to their portfolio with a prime hotel asset. Either way, it’s great to see such positivity in the marketplace with sales being completed, owners releasing the value in their properties in order to move on to pastures new, and buyers having the opportunity to secure their desired acquisition in the bustling Yorkshire and North East hotels market.”