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The Old Lodge Hotel, Old Maltongate, Malton, YO17 7EG

Key features

  • Superb 17th Century Tudor Mansion
  • 29 excellent bedrooms
  • Sales Y/E 2023 £746,000, profit £222,000
  • Situated in c. 3.6 acres
  • Ideally placed for tourist attractions
  • Located within Malton town centre. EPC Exempt
  • Christie & Co Ref: 5444098

Description

Description

The Old Lodge hotel is a fantastic 17th Century Tudor mansion with a more recent sympathetic extension to the property. The hotel has many original features one would expect from a period building including fantastic high ceilings and oak panelling. The hotel is set in its own grounds of approximately 3.6 acres.

Location

The hotel is located in the town centre of Malton, a bustling market town which is held in high regard.

The hotel is an excellent base to explore the many nearby tourist attractions including Castle Howard, Eden Camp, Flamingo Land and Dalby Forest.

The city of York is approximately 30 minutes? drive and the splendid coastline of Yorkshire approximately 40 minutes? drive.

Internal Details

The main entrance of the hotel leads into the reception area, which in turn leads through to the public areas of the hotel, which comprise the following:

A superb cosy bar area with oak panelled walls, and an attractive and extensive bar servery with a log fire. There is a large feature window in the bar with views over the hotel's excellent grounds.

There is bright and airy, tastefully decorated restaurant with seating for approximately 70 guests. The restaurant is also used for breakfasts.

The hotel also has the benefit of a private dining/boardroom with oak panelled walls creating a great ambience.

Letting Accommodation

The Old Lodge Hotel has 29 bedrooms in total, all of which are en suite.

21 of the bedrooms are in the main building of the hotel itself, eight further bedrooms are in the Old Lodgings which is a separate building very close to the hotel. The bedrooms in the main building are presented to an excellent standard with some of the feature bedrooms including four posted bedrooms and fantastic bathrooms. A full range of the bedroom stock images can be viewed on the Christie.com website and on the hotel?s own website.

There are eight further bedrooms located in the Old Lodging?s which are presented to an excellent standard, this separate building is very useful for larger group bookings.

External Details

The hotel sits in grounds measuring approximately 3.6 acres. To the front of the hotel the grounds are enclosed by an original stone wall, a real feature of the hotel, with a sweeping driveway leading up the main entrance of this imposing, grand listed building. To the rear of the hotel there are very attractive patio areas which can be used for al fresco dining and drinking overlooking the grounds scenery. The grounds to the rear of the hotel are very well landscaped and offer perfect photo opportunities for weddings. Considering the size of the area to the rear of the hotel, a new owner may wish to investigate an alternative accommodation offer (subject to planning permission).

The Opportunity

The Old Lodge Hotel in Malton is a very well-established successful business with several income drivers, it?s central location in Malton and the numerous tourist business drivers in the area are a real asset to the hotel. Rarely does a heritage property of this type with a town location become available. Our client has an excellent, loyal team working in the hotel and due to their location in the South of England they do visit, but certainly aren?t working in the hotel.

Trading Information

The following are the sales and EBIT for the last three years (1st September to 31st August)

2021 Sales £624,000, EBIT £274,000
2022 Sales £934,000, EBIT £289,000
2023 Sales £746,000, EBIT £222,000

Brochures

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The Old Lodge Hotel, Old Maltongate, Malton, YO17 7EG

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About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

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Disclaimer - Property reference theoldlodgeresi. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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