The Inn Collection Group has completed the purchase of the 90-room Hotel St George in Harrogate.
The northern pub company has bought the Edwardian site in the centre of the historic spa town for an undisclosed value, as it continues to broaden its customer base across Yorkshire.
Sean Donkin, Managing Director of The Inn Collection Group, said: “The Hotel St George is an exciting acquisition for us as we continue to expand our customer base and imprint in Yorkshire while continuing to roll out our buy and build strategy as an operator.
“We have had Harrogate in our sights for a considerable time while identifying a site that is a fit with our ‘Eat, Drink, Sleep and Explore’ brand. We are delighted to have completed on this superb site which will be a tremendous asset for our customers and our portfolio of inns in the best UK locations.”
He added: “The Hotel St George has everything we look for in a The Inn Collection Group venue: A first-class destination, placing our guests into the heart of the UK’s best locations – it is a perfect site for exploring Harrogate and the surrounding Yorkshire Dales.
“We are looking forward to enhancing this stunning building so it delivers its full potential for visitors and customers living in and around the locality in Harrogate.”
The Hotel St George is on the town’s famous Parliament Hill, close to attractions including the heritage town’s Turkish Baths and Betty’s Tearooms. The site, which includes The Swaledale Restaurant and six function rooms, will continue trading under the group’s ‘Eat, Drink, Sleep and Explore’ pub with rooms brand before undergoing careful refurbishment and remodelling works in 2022.
The purchase of The Hotel St George follows the Alchemy-backed group’s acquisitions of landmark Yorkshire venues The Dower House in Knaresborough, The Dean Court in York and The Ripon Spa Hotel in Ripon as The Inn Collection Group continues to deliver new deal and organic growth strategies in Yorkshire, supported with banking from OakNorth.
Elsewhere in Yorkshire, The Inn Collection Group is redeveloping Northallerton’s former police station into a 32-bedroom pub with rooms called The Northallerton Inn.
Ward Hadaway corporate partner Imogen Holland provided legal advice on the Hotel St George acquisition with Silverstone and Bradley Hall advising on pre diligence.
Neil Hart, group managing director at Bradley Hall Chartered Surveyors and Estate Agents, said: “We are proud to have supported The Inn Collection Group with another acquisition – adding to its impressive portfolio and further cementing the firm as a leader in its field and an ambitious and successful operator.
“Yorkshire is a hub of opportunity, offering a wealth of reasons to live, work and stay across a variety of attractive, vibrant and prosperous areas within the county.”
Gavin Wright, senior director (hotels and hospitality) at JLL advised on the sale on behalf of the vendors.
