The Inn Collection Group completes on Ripon acquisition
The Inn Collection Group has announced its purchase of the historic Ripon Spa Hotel in North Yorkshire.
Located in the cathedral city of Ripon, the 40-bedroom site is set in six acres of gardens and features public rooms including a ballroom, terrace bar and self-contained Turf Tavern Bar Bistro. Close to Ripon’s famous racecourse, nearby attractions include Lightwater Valley, Fountains Abbey and Newby Hall.
The deal marks the group’s fourth site in Yorkshire and takes its estate total to 24.
The site will remain closed while a major but sympathetic refurbishment is carried out to enhance and repurpose the venue.
“The Ripon Spa is a fantastic addition to our portfolio of properties," says Sean Donkin, managing director of The Inn Collection Group.
"It has huge potential which we have an exciting vision to realise. We’re looking forward to starting that journey while expanding the group’s footprint in Yorkshire.”
The undisclosed deal comes as the Alchemy-backed group, which is supported with banking from OakNorth, enters a new phase of business expansion through acquisitions and organic growth.
Due diligence on the acquisition of The Ripon Spa was carried out by Ward Hadaway corporate partner Imogen Holland.