Whitby hotel hits the market for £3.2m

The Resolution Hotel in Whitby, North Yorkshire, is on the market with an asking price of £3,200,000.

The hotel comprises 38 letting bedrooms including 10 individually designed suites, spread across five floors. 

The Grade II listed building, which has recently undergone significant refurbishment, is also home to bar and restaurant ‘The Vault’ which serves 50 covers and is open to the public as well as hotel guests.

The hotel is located at the heart of Whitby town centre, surrounded by a variety of shops, cafes, bars and restaurants, and just 200 metres from Whitby harbour, the focal point of the town. With its abbey, which is famous for being the inspiration behind Bram Stoker’s Dracula as well as its connections to Captain James Cook, who once lived in the town and whose ship the hotel is named after, Whitby is a historic seaside town frequented by tourists and leisure visitors.

The town also offers easy access to the North York Moors National Park, as well as other towns and villages such as Scarborough, Robin Hood’s Bay, Sandsend, Runswick Bay and Staithes.

Mark Worley, director – hotels at Christie and Co who is managing the sale, said: “It is rare for a hotel to come to the market in Whitby, especially one of such magnitude and prominence. The owner has invested heavily in the refurbishment with considerable and very recent remodelling and upgrading of suites, bedrooms and The Vault bar/restaurant. 

“As a result, trade and profits have increased to very healthy levels, along with customer experience and reputation. This is a great opportunity for a new owner operator to reap the further rewards of our seller client’s financial outlay and to purchase a hotel in a hugely popular location.”