Ruswarp Hall sold to Historic Hotels & Properties Limited

Ruswarp Hall has been sold to Yorkshire based Historic Hotels and Properties Limited, who are specialists in listed heritage hotels. The Grade II* listed Jacobean house, which has been converted into an hotel, is situated in Ruswarp, close to the seaside town of Whitby on the North Yorkshire Coast. The 10-bedroom property comprises a three-storey building, built in the 17th Century with sympathetic 20th Century additions to each side. The main building in particular includes a number of “charming” original features, providing the potential of a “lucrative” weddings/events business whilst making use of the well-established and enclosed gardens. Ruswarp Hall also includes a large dining room, lounge and reception, along with dedicated owner’s accommodation and a large unused area, ideal for further development. The previous owners, the Scarth family, “continuously” invested in the asset during their tenure since 2003 and are moving on in order to retire and embark on other business interests. Roman Scott, M.D. of Historic Hotels and Properties Limited, said: “Ruswarp Hall is one of the finest Jacobean houses in Yorkshire, and a building I have long admired for its beautiful proportions and scale. “The Hall is also rich with the historical stories we like to tap into to make our period buildings come alive and connect with their past, which we will be highlighting as we invest further in the building. Lizzie Scarth has done a great job and been very helpful, and we look forward to taking over the custodianship of Whitby’s finest historic house.” Lizzie Scarth on behalf of the Scarth family added: “Ruswarp Hall has been our much-loved family home and business for over two decades. We are in no doubt that Ruswarp Hall will continue to flourish under Roman's wealth of historical and heritage knowledge, as the new conservator. We would like to thank Robert of Colliers, for his professionalism and excellent communicative skills.” Robert Smithson from Colliers’ Hotels Agency team, who managed the sale, in a process that invited “substantial” offers, said: “Given the nature of the building and incredible location, we received plenty of interest when marketing the property, which is a testament to its unique appeal and potential. “This is the latest of a number of transactions taking place in the region so far this year including Raven Hall at Ravenscar earlier this month. It just shows that the market for hotels and B&Bs remains of interest to investors. We are delighted that Historic Hotels & Properties Limited have been able to add to their growing Yorkshire portfolio, and we wish them every success with the asset.”