The hotel, located in the town centre, dates back over 500 years and retains much of its Tudor, Elizabethan and Georgian architecture. The 45-bedroom site features four parlour rooms, landscaped walled gardens with a heated gazebo, as well as an award-winning restaurant, tearoom and patisserie.
Mr Sean Donkin, managing director for The Inn Collection, said: “A full investment project is planned which will treat the building with the sensitivity it deserves. We chose the site, as Helmsley long been a target opportunity and The Black Swan is a landmark site.”
David Lee, regional director at Christie and Co, who handled the sale, added: “Christie and Co are delighted to have been asked to sell The Black Swan on behalf of the owners as we have long since been admirers of this outstanding business.
“This is a truly iconic hotel, well known and highly respected across Yorkshire and we are sure that the new owners will elevate its status even further. The sale further illustrates the demand for hotels of this magnitude across the county and the wider north east region.”