14 January 2016 | Hotels

Christie + Co announces successful sale of North Yorkshire hotel

The Cliffemount Hotel in Runswick Bay, North Yorkshire, an attractive 20 bedroom cliff top hotel, was sold at the latter end of 2015 by Christie + Co after it had been on the market with another agent for over five years.

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The hotel, which has been under the same ownership for 10 years, boasts stunning sea views and is located just a few miles from Whitby in the North York Moors National Park.

Mark Worley of Christie + Co’s Newcastle office handled the sale and comments: “This is a lovely family run hotel which has been very well maintained and this is reflected in the high level of business and profits, and also in the reports and reviews from its customers.  Within a month of being instructed to sell we had arranged five viewings and procured two offers which led to a sale which completed in late November.  

“The buyers are new to the hotel industry but were highly successful in their existing fields and we wish them well in their new venture.”