The Coaching Inn group has agreed terms to take over the Talbot hotel in Malton, North Yorkshire, with plans to reopen the venue later this month.
An agreement has been reached with the Fitzwilliam Malton Estate for the group to take on the lease to the 26-bedroom property, the third addition to its portfolio in the last year.
Coaching Inn group chief executive Kevin Charity said: "We are delighted to be taking on the Talbot hotel and are very appreciative of the trust that is being placed in us by the Fitzwilliam Malton Estate to take on the responsibility of what is clearly an important and iconic venue for town.
"The hotel benefits from an excellent reputation and it is very much our job to build on the success to date. We are inheriting an excellent team and we are looking forward to working with them to get the hotel re-opened as soon as possible and playing a key role in the local community."
The hotel has been shut since the government-imposed lockdown in March. Helen Barry, estate manager for the Fitzwilliam Malton Estate, added: "It was heartbreaking to announce that we were not reopening at the start of July. However, I am very pleased to be sharing such positive news with our incredible team at the Talbot hotel, who have remained upbeat and engaged throughout this unsettling time".
The Talbot was relaunched in January 2019 following a revamp by Sam and Georgie Pearman, the former owners of Cotswold hotel and restaurant group the Lucky Onion. It was the first project for the Pearman's new consultancy business Country Creatures, which specialises in creating restaurants, inns and hotels that focus on great British hospitality.
The Coaching Inn Group operates 18 market town properties across England and Wales.