Northern Powerhouse Developments has made its second acquisition in less than two weeks with the take over of a hotel in Yorkshire.
The hotel and leisure developers has added Monk Fryston Hall to its portfolio to mark another development in the company’s acquisition plan for 2018.
The Grade-II listed hotel, situated between Leeds and York, will be positioned within the NPD’s Manor Collection and take the total number of hotels owned by the company up to 14.
The news comes less than two weeks after the purchase of Bourton Hall in Rugby, which has also been added to the Manor Collection.
Now NPD plans to undertake a multi-million pound renovation of Monk Fryston Hall, with an upgrade of all 30 bedrooms and terrace restaurant, plus the construction of a luxury new spa complex.
The hotel will remain open throughout the renovations, which also includes the refurbishment of two large function rooms.
Speaking about the company’s plans, NPD Chairman Gavin Woodhouse said: “Monk Fryston Hall is a beautiful property in the heart of Yorkshire and we are really delighted that we have been able to move forward with the purchase.
“This has been an incredible year already for NPD. Our model has always been to search out properties of architectural heritage and real beauty and Monk Fryston Hall has that in abundance.
Dating back to the 12th century, Monk Fryston Hall, which is surrounded by 30 acres of parkland, woodland trails and gardens, was originally home to the Benedictine monks from nearby Selby Abbey.
The successful purchase of Monk Fryston Hall further boosts NPD’s Yorkshire-based portfolio, which also includes the Imperial Crown Hotel in Halifax, the Old Golf House Hotel in Huddersfield and Scarborough’s Esplanade Hotel.
In addition, the company also has properties in North and South Wales, Warwickshire, Gilsland and Devon.