Ascot House Hotel, 53 Kings Road, Harrogate, HG1 5HJ

Our clients purchased the Hotel in 2008 The hotel is presented in excellent condition throughout. There are 19 en suite letting rooms, two function rooms and a 35 cover restaurant situated in an impressive stone building, with its own private car park, in a prime location in Harrogate.

Ascot House Hotel is situated on King's Road in the centre of Harrogate. Situated 0.2 miles from the Convention Centre and 0.6 miles from the train and bus stations, the property is in a fantastic location.

Harrogate is one of the most exclusive towns in North Yorkshire and boasts a wealth of local attractions and events which draw people from all over the country. Nearby towns of Knaresborough and Ripon, along with Harrogate's close proximity to the Yorkshire Dales, also make it a great base for visitors.

Road links include the nearby A61 and A59 that connect to Leeds and York, (16 and 21 miles away respectively) and the A1 (M) is c. 7.5 miles away.

The ground floor is over two levels. The grand entrance hall leads into the reception area, breakfast room and restaurant. A hallway leads to the office and the function rooms.

The en suite guest accommodation is laid out over the ground, first and second floors. The rooms are all slightly different in size and style. The Turret room in particular is a stunning space and a unique room.

There is a private car park at the front and side of the property along with permit access parking on the road outside of the hotel. There is a terrace area with seating and small grassed areas around the building.

The opportunity to purchase a freehold hotel in the heart of Harrogate is a rare one and therefore we expect significant interest in the hotel. Ascot House Hotel rooms are presented to an excellent standard throughout The function areas and restaurant offer an opportunity to maximise additional income streams. The hotel has 19 bedrooms, a restaurant, function/meeting space and offers a lot more property/accommodation than the traditional B&B’s in the town. There is also the opportunity for a new owner to convert the hotel into a more hands off accommodation business, such as an aparthotel or limited staff offering. Transport routes, along with being in close proximity to the Yorkshire Showground and Conference Centre, as well as being within one mile of the Registry office and The Stray, make this hotel an appealing place to stay for convenience as well as comfort. The hotel’s website is hotel has had an excellent rating on Trip Advisor and other online booking agencies for a number of years, the hotel’s quality ensures our clients enjoy significant repeat business from a large number of guests.

Accounts for the year ended 31/8/24 show net of VAT sales of £521,555. The hotel makes an adjusted net profit of circa £165,000.

Confirmation of business rates payable should be obtained from the Local Authority.