Loftsome Bridge Coaching House in North Yorkshire has been sold through Christie + Co to a new group of buyers with a wealth of experience in hospitality.
The 17-bedroom hotel and restaurant near Selby has been sold off a guide price of £1,500,000 for the freehold interest, to Nigel and Lynda Dibb and Ivan Imiolek.
Nigel Dibb has more than 25 years’ experience in the sector, and was previously general manager at Interstate Hotels & Resorts where he looked after Holiday Inn Hull Marina.
The trio take over the property from Guy Oldridge and Angela Axup, who have owned the hotel for the past 20 years and are now deciding to sell up to pursue other opportunities.
Over the past two decades they have extended and developed Loftsome Bridge Coaching House from a small farm house into a hotel with a bar, lounge, 60-cover restaurant, and nine bedrooms in the main house, plus a further eight cottage rooms in a converted stables building adjacent to the house.
Now under the new ownership, the business will be renamed as the Loftsome Bridge Hotel.
Nigel comments: “We are, as a family, really excited and delighted to have taken over the freehold interest of Loftsome Bridge Coaching Inn having been visiting it for over 21 years.
“We look to continue to build on the truly fantastic reputation locally around the outstanding food and service delivered by the whole team, who are really excited by the future plans for the property.”
Mark Worley, director at Christie & Co who handled the sale, comments: “It was a pleasure to act for Guy and Angela and we are delighted that Loftsome Bridge has been sold as a going concern and to buyers who plan to invest and develop the trade.”