Burgoyne Hotel in Reeth sold to Maison Parfaite

The Burgoyne hotel in Reeth has been sold to luxury holiday home operator, Maison Parfaite. The Grade II listed hotel boasts 11 bedrooms, a guest lounge and the 1783 Restaurant, which holds an AA Rosette. The building sits in a key position in the village, overlooking the green, with fell views from front and back.

Specialist property adviser, Christie & Co handled the sale after previous owner, Ian Hewitt, a Yorkshire born-and-bred, semi-retired oil executive, oversaw the hotel’s refurbishment.

Ian said: “During a “coast to coast” walk in 2017, I stayed for a night in The Burgoyne and was attracted by the charm of the building and potential it had as a business. I felt that with the right level of investment, both structurally and operationally, it could be one of the best boutique hotels in the county.

"I was aware that it was available for sale and so I returned shortly after my walk, approached the seller and a deal was struck.”

Inside the Burgoyne (Image: Press release)

Commenting on his decision to sell, he said: “After a few years of driving the business forward, largely from afar, I decided that the time had come to let someone else take the reigns and to capitalise on the investments I had made.

"Mark Worley of Christie & Co, had been advising me for a while, with regards to the state of the post-covid market and so I engaged him to help find me a buyer.”

The new owners, husband and wife team, Sarah and Sean McDermott are the founders of Yorkshire-based hospitality company, Maison Parfaite which operates luxury holiday homes across the North East.

Sarah comments, “My husband, Sean and I are absolutely thrilled with our new acquisition. We first stayed at The Burgoyne a few years back, when we were renovating our very first holiday home in Aysgarth, just in the next Dale.

"We instantly fell in love with The Burgoyne, so when it came up for sale, we just had to add her to our portfolio of homes.

"We are very grateful for the opportunity to purchase this wonderful, iconic building and we’ll be sure to do her justice with a fabulous renovation coming soon.”

Inside the Burgoyne (Image: Press release)

Mark Worley, Director and Hospitality Agent with Christie & Co, who brokered the deal said: “The Burgoyne is a superbly presented hotel which generates excellent profits and boasts an idyllic location in a National Park. It therefore ticks three very important boxes on the list of current buyer requirements.

"We are very pleased that Sarah and Sean have bought the business and the sale demonstrates that the current hotel market remains buoyant and the demand for hospitality businesses continues despite the challenges around operating costs.”