The stately hotel in Grimsby, Healing Manor Hotel has been reluctantly put up for sale by its owner for almost £3 million.
The asking price for the hotel is £2.9 million and the specialist business property adviser Christie & Co. has been instructed to sell the hotel. This comes as the Pier in Cleethorpes remains on the market, although the price tag is not known for the Pier after undergoing a £4.7 million renovation last year.
The hotel was built around the 1900s and has parts dating back to the 1700s. It stood empty for a number of years with some parts being completely derelict until it was purchased by property developer, Mark Brennan.
The site has undergone dramatic changes and refurbishments as well as the full redevelopments of the stables, barn and outbuildings. It opened in September 2013 after the renovations by owner, Mark Brennan.
The latest phase of development completing in an old stable block will take the hotel to a total of 38 rooms, with the on-site pub, the Pig and Whistle, being a further addition that has been well received alongside the hotel’s restaurant.
The hotel turnover for the last six months is £769,000 producing a profit of £154,000 and has 63 weddings booked for 2017. Mark Brennan is local to Grimsby and Healing Manor is a building that he had long admired.
The director at Christie & Co, which has been instructed to sell the property, stated that the transformation and restoration of the building has been labour of love.