North Yorkshire’s Feversham Arms Hotel hits the market for £3.25m

Feversham Arms Hotel and Verbena Spa in North York Moors National Park is looking for new owners for an asking price of £3.25m.

Joint administrators Oliver Collinge and James Sleight of PKF Littlejohn Advisory are disposing of the hotel, which was a former 19th century coach inn and features suites, a bar, restaurant, private dining rooms and library as well as two contemporary buildings featuring poolside suites and a spa complex. 

The 4-star hotel will continue to operate as normal under the control of joint administrators and all hotel staff has been retained, with no planned redundancies.

The 33-bedroom hotel sits in the town of Helmsley, North Yorkshire, and in 2024 reported a £3.4m turnover including a “strong” profit margin. 

The hotel has a full wedding licence, a private dining suite for 32 covers, and is fitted out with oversized beds, bathtubs and a heated outdoor pool and hot tub. 

Robert Smithson, from Colliers’ hotels agency team, who is marketing the hotel, said: “This is an outstanding hotel asset in a beautiful tourist location. Despite the administration, which resulted from over leverage rather than lack of profitability, the hotel has a strong trading history and continues to operate well under the same staff and management team. 

“It does present opportunities for growth, however at the moment it’s an ideal turnkey asset that rarely comes to the market and we expect a lot of interest from investors.” 

Collinge added: “All deposits paid and bookings already made, including for events, will be honoured and will go ahead unaffected and as planned. The hotel will continue to take bookings for future events and sell vouchers as normal. These will be ringfenced to provide assurance to guests and customers.

“It’s very important to us that the hotel should continue to provide the high standards of service that guests are accustomed to.”