New owners for historic hotel in Harrogate district
One of the Harrogate area's best known hotels has been bought by the same company which took over Ripon Spa Hotel - and is now set for a major restoration.
The purchase of The Dower House in Knaresborough by The Inn Collection Group is the seventh Yorkshire site this leading north east pubco group has secured as part of its strategic expansion in the county.
The group has acquired the historic hotel and spa in an undisclosed deal, taking its total estate count to 26.
The 38-bedroom, Grade II listed building features a spa and swimming pool along with several bars, lounges and function areas.
It will continue trading under The Inn Collection Group’s ‘Eat, Drink, Sleep and Explore’ award-winning brand.
A complex refurbishment programme is scheduled for 2022 during which a sympathetic restoration and remodelling of the building will be carried out to enhance its environment, improve accessibility and align the site with The Inn Collection Group’s quality, food-driven pubs with rooms offer.
The Inn Collection Group’s managing director Sean Donkin said: “We are excited to be growing our foothold in Yorkshire with the addition of The Dower House and Spa. It is a tremendous site, steeped in character and history in a stunning destination location.
“We are delighted to be bringing Dower House and its team into The Inn Collection Group family. It’s a great time for us to be joining the community in Knaresborough as we emerge from lockdown restrictions. We’re looking forward to investing in the team and site and realising Dower House’s full potential while preserving the heritage and charm it holds.”
He added: “As an established brand in the north east and west of England, we are looking to increase our presence and customer base here in Yorkshire, with our proven offering of food-driven pubs with quality accommodation."
The deal follows the Alchemy-backed group’s recent acquisitions of landmark venues Dean Court Hotel in York and The Ripon Spa Hotel in Ripon as The Inn Collection Group continues to deliver new and organic growth strategies in Yorkshire, supported with banking from OakNorth.
The group reopened its historic Helmsley venue The Black Swan in October following the completion of the first phase of a multi-million pound refurbishment at the North Yorkshire site.
A further 19 rooms have been added following the completion of a second phase this month, while 25 additional rooms will be completed in the spring, taking The Black Swan’s bedroom total to 59.
Elsewhere in Yorkshire, The Inn Collection Group owns popular Whitby venue The Stables and the award-winning The King’s Head Inn at Newton-under-Roseberry.
In Northallerton, works are ongoing to redevelop the town’s former police station which the group bought in December 2020. It will reopen as a 32-bedroom pub with rooms – The Northallerton Inn - in spring 2022.
Outside Yorkshire, The Inn Collection Group’s estate includes sites in Northumberland, the Lake District, County Durham, Tyne and Wear and Lancashire where it is developing two adjacent properties, The Lindum and The Carlton to form one seafront site in Lytham St Annes.
Ward Hadaway corporate partner Imogen Holland provided legal advice on the Dower House acquisition with Silverstone on pre diligence.