Family-owned Yorkshire coaching inn for sale through Christie & Co
Loftsome Bridge Coaching House in Selby, North Yorkshire has come to the market through specialist business property adviser, Christie & Co with an asking price of £1.25m.
Dating back to the 18th century, the business was formerly known as the Coaching Inn and offered food and shelter to travellers for more than a century before becoming a working farm and guest house. After restoring the building, the Oldridge family which includes cousins Angela Axup, who is in charge of front of house, and chef Guy Oldridge, have decided to take retirement after 25 years of ownership.
The elegant country house hotel is a short stroll away from the River Derwent and comprises 17 en suite bedrooms, a cosy bar/lounge, a 60-cover restaurant and a quaint cobbled courtyard. The business has outstanding TripAdvisor reviews and has generated net profits in excess of £140,000 per annum.
Mark Worley, Director in Christie & Co’s Newcastle office is handling the sale and comments, “Although part of the original coaching inn still remains, much of the property has been rebuilt over the last 25 years. The current owners should be commended for the care and attention to detail with which they have redeveloped the site which retains much of the original charm and period features.
“We would strongly urge any potential buyer to visit the inn in order to fully appreciate this opportunity, especially taking into consideration the impressive sales figures that have been achieved without the use of any online booking agents.”