The long established New Inn Motel in York, a motel incorporating a four
bedroom house, is situated in an attractive location and has been owned by our
client since 1996.
Seeking a genuine retirement sale, they were pleased to
finally secure a sale on the business in September 2012 to buyer Paul McGrath,
for an impressive value of £475,000. Paul will live and work in the business
full time, as there are no additional staff. Although the business was on the
market for quite some time, it attracted lots of viewings and 4 offers in
total.
Negotiator Samantha Wright of Knightsbridge had a great relationship
with both the buyer and vendor, and emphasises that it was worth the wait to
get the right deal, quoting “We got there in the end!” She would like to wish
our client a very happy retirement.
