Opportunity to purchase award-winning B&B in the heart of Hunmanby
Specialist business property adviser, Christie & Co has brought to market The Southgate Bed & Breakfast, located in the charming village of Hunmanby, close to Filey, North Yorkshire.
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Formerly known as ‘The Buck Inn’ public house, the family-run B&B is set in an historic building in the heart of the village, which was once a favourite watering hole for both locals and tourists. The building was renovated in 2011 to become ‘The Southgate B&B’ and was taken over by the new owners, Chris and Julie in 2018.
Since then, the B&B has achieved five-star ratings on TripAdvisor and Booking.com and has been recognised with several awards and accolades including the Tripadvisor Travellers Choice Award year-on-year, a Recognition of Excellence Award from HotelsCombinedBest and most recently, the Best Historic Village Pub & Hotel for North Yorkshire from LUXlife Resort and Retreat Awards.
Chris and Julie comment, “We’ve really enjoyed investing in and renovating the property to a high standard. Our background before Southgate B&B was not in hospitality but we’ve always wanted to give it a go! We’ve loved our time here and made lots of memories but we feel now is an opportune time to sell and retire early. We look forward to working with Sam at Christie & Co and engaging with prospective purchasers.”
The Southgate sits within easy reach of the popular seaside towns of Filey, Scarborough and Bridlington, with Whitby a little further along the coast. The B&B is surrounded by some of North Yorkshires most stunning scenery with walking and cycle routes on the doorstep, making it an ideal base for exploring the region.
Sam Ashton, Senior Business Agent at Christie & Co, who is handling the sale, comments, “I’m excited to bring The Southgate B&B to the market. After experiencing a very buoyant period in the market with a strong demand for guesthouses, I’m confident we will achieve a great result with this sale.
“Given the B&B’s central location to Hunmanby village, and proximity to Filey’s coast, there is fantastic trade potential for the new owner, taking advantage of the year-round tourism. There is also significant scope to increase turnover by utilising the café and restaurant license outside of the current breakfast service. We look forward to hearing from interested parties.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
M: +44 (0) 7721 420 656 or E: bronte.hughes@christie.com
Contact the agent:
Sam Ashton, Senior Business Agent – Licensed & Hospitality
M: +44 (0) 7732 497 878 or E: sam.ashton@christie.com
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