Driffield’s iconic Bell Hotel is up for sale - with a £1m price tag.
Mr George Riggs, who runs the business with his wife Rita, has owned the hotel for 38 years and has decided it is time to give new owners a turn at running the business.
Specialist property adviser Christie + Co has been instructed to sell The Best Western Bell Hotel.
The hotel’s turnover is circa £730,000 net of vat and Christie + Co is selling the freehold at a guide price of £1 million.
The Bell Hotel has 22 bedrooms, excellent function facilities and a good sized restaurant and bar.
The hotel also has its own leisure club, The Driffield Spa, which has a swimming pool, fitness area as well as comprehensive other leisure facilities.
David Lee of Christie + Co said: “We are delighted that George and Rita have chosen Christie + Co as their adviser to sell The Best Western Bell Hotel.
“After 38 years of ownership we understand this was a difficult decision for our clients to sell the hotel. The Bell Hotel is an excellent business which has many different attributes.”
Full story in Thursday’s Driffield Times and Post