1/18/2021 | Hotels

Christie & Co bring to market North Yorkshire Coast Holidays portfolio

Specialist business property advisor, Christie & Co has brought to market, North Yorkshire Coast Holidays (NYCH) unique collection of holiday homes, located in along the North Yorkshire coastline.

The three exclusive-hire properties: Bourne End House, Denmark House and Lucasland Holiday Complex, which make up the portfolio, have been owned and managed by NYCH for the past ten years, in the very popular tourist seaside town of Filey. An average of 1.4 million people visit the North Yorkshire Coast every year, with more people visiting the Yorkshire Coast than any other part of England outside of London.
The current owners of NYCH have made the decision to bring their portfolio to market in order to seek retirement.

Speaking on behalf of the company, Kevin Wardell – Director comments, “It has been a real joy to run this exclusive holiday accommodation over the past ten years. As a family-run business, we pride ourselves on offering first class accommodation, together with a warm and welcoming experience in a beautiful location. All our properties have been sympathetically renovated to suit a variety of groups, including family or friends and we look forward to welcoming a new owner to take the business forward.”

Bourne End House is a large, detached former ‘gentleman’s residence’ which sleeps 6-16 guests. Set in its own substantial grounds, the property is located on the private estate of Primrose Valley, one and a half miles outside of Filey. It boasts many original features with beautiful parquet flooring, original stained-glass windows, high ceilings with original cornice work and spacious rooms. There is also a private, traditional themed pub on site for the exclusive use of guests – a unique touch which makes the property a great choice for larger groups.
Denmark House is an 18th Century Grade II listed property that offers superior holiday accommodation for up to 8 people. Located in the picturesque village of Hunmanby near Filey, the property has been restored to an amazingly high standard. It combines many of its original features such as beamed ceilings, cast-iron fireplaces, and a Victorian roll-top bath with contemporary features. rooms.
Lucasland Holiday Complex comprises a collection of 18th-century barns, which have been sympathetically restored and renovated into three self-contained cottages. The three individually themed cottages offer accommodation for up to 18 guests, boasting many original features such as beamed ceilings and chalk walls. The complex also features a private pub, for exclusive use of guests, making it popular with groups of friends or families. The pub is well equipped and can offer draught beers to guests, ordered by the barrel in advance.
The sale of the NYCH portfolio provides an extremely rare opportunity to acquire three highly sought-after holiday homes in one of the most visited parts of the country. The high-end properties are manageable from a distance and require low input, with healthy financial returns.
The owners currently limit the number of bookings as a lifestyle choice, so there is an opportunity to increase bookings. In addition, Bourne End House has substantial garden, which offers the potential to add further buildings for use as either letting accommodation or the construction of a separate house that could be sold or rented.
Simon Burbridge, Hospitality Agent from Christie & Co is handling the sale and comments, “This is a very rare opportunity to acquire not one but three beautiful properties on the Yorkshire Heritage Coast, for anyone looking to start a portfolio or alternatively looking to grow an existing one. We anticipate strong interest in the properties due to their ideal positioning.”
The North Yorkshire Coast Holidays portfolio is currently on the market on a freehold basis with a guide price of £3,000,000.

For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Simon Burbridge, Hospitality Agent
P: +44 (0) 7732 497 878
E: simon.burbridge@christie.com