Well known Halifax New Hobbit hotel on the lookout for new owners

Harrisons Business Recovery and Insolvency has instructed LSH to sell the New Hobbit Country Inn, Sowerby Bridge near Halifax, Hallgarth The Manor Hotel near Durham and the Allerton Court Hotel in Northallerton.

The New Hobbit hotel offers 30 en-suite bedrooms, a bar and restaurant and a function room with a capacity of approximately 120 people. It has an annual net turnover of £747,009.

The sixteenth century Hallgarth Manor, which has recently undergone a £2m refurbishment, provides 24 en-suite bedrooms, three restaurant areas totalling more than 140 covers, a bar and residents' lounge and a 240-capacity function room set within a four-acre country estate. It has an annual net turnover of £954,611.

The three-star Allerton Court Hotel, which comprises 44 en-suite bedrooms, two restaurants and a bar totalling 120 covers as well as a 240-capacity function room set within 3.26 acres, has an annual net turnover of £1,239,858. The hotel is located one mile from Northallerton train station.

Martin Davis, Director of Hotels and Leisure at LSH, said: “All three of these hotels have been trading under the Best Western brand and are extremely well-located.

"Each of the hotels are well-established and draw trade from all over the UK in addition to regular, local custom. As such, we anticipate they will generate strong interest from a wide range of purchasers, including investors and owner-operators.”