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27 February 2020 | Hotels

Christie & Co find new owner for elegant York Guesthouse

Specialist business property advisor, Christie & Co is delighted to announce the sale of Palm Court, an elegant Victorian guesthouse situated in York city centre.

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Situated on Huntington Road, the beautiful double fronted Victorian guesthouse is within walking distance of some of York’s most popular tourist attractions such as York Minister, the Theatre Royal, The Yorkshire Museum and Gardens, The Art Gallery, as well as an abundance of shopping facilities. 

The property has been owned by our clients for over 26 years and they are now looking forward to pursing their retirement through the sale of the property. 

New owners, Dr Paul and Dr Fiona Hemsley are relocating from Kent, having successfully sold their home to fund the new purchase. They plan is to add value to the property in numerous ways and drive the guesthouse business forward through online booking websites and multiple media platforms to increase profits as a semi-retirement plan.

They comment, "We are delighted to have purchased this guest house and look forward to welcoming returning and new guests. York is a beautiful city and with this property only being 5 minutes from the ancient walls it is ideally located to build on the successes of the past owners.”

Sam Ashton, Senior Business Agent at Christie & Co comments; “I am thrilled to have agreed the sale of Palm Court in less than one month of advertising. The launch to market came at the perfect time for Dr John and Dr Fiona Hemsley and I wish them all the best with their new business and home.

“I exchanged and sold five other guesthouses in York and Harrogate last year with similar businesses coming to market in 2020. We’re seeing great results in the guesthouse market, with high demand for properties offering the lifestyle business model.”

For further information on this press release, contact:
 
Fiona Fieldhouse, Head of Corporate Communications
P: 020 7227 0793 or E: fiona.fieldhouse@christie.com

Contact the agent:
Sam Ashton
P: 07701 315 069
E: Sam.Ashton@christie.com
 
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