Recession-hit hotel business goes up for leasehold sale


An historic country hall hotel and venue on the cusp of the North Yorkshire Dales has gone up for sale on a leasehold basis.

Pinchinthorpe Hall Hotel closed in January 2011, when the recession was being felt in full force, and left many brides in turmoil after their big days were abruptly cancelled.

At the time, Pinchinthorpe’s management confirmed the ceasing of trading was voluntary, so administrators didn’t have to step in.

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Now Christie + Co has been instructed to offer the property for sale on a leasehold basis.

Located near the village of Newton under Roseberry, the origins of Pinchinthorpe Hall Hotel date back to the 12th century when the Norman family of Pinchun held land there.

Previous owners have included Richard Lee who went on to become Lord Mayor of London in 1461, Sir Joseph Pease, who made significant improvements to the hall, and Sir Penry Williams, the local MP, who included amongst others the Prime Minister, Lloyd George, as a house guest.

The establishment traded as a boutique hotel and wedding venue until the owners closed the business and have lived in the property ever since.

Christie & Co director and hotel business agent Mark Worley says: “The hall possesses a wealth of charm and period features which is evident throughout each of the four formal reception rooms, the six bedrooms and owners apartment. The delightful setting and lawned walled garden make this an excellent wedding venue or private hire boutique hotel and we feel that the business could be re-started with minimal cost.”

Worley concludes: “Our clients are offering a new 10/15 year lease, and significant rent concessions will be offered to allow this business to grow and develop.”