Ken Wood is the new owner of the Skipton Park Guest'otel in the North Yorkshire market town of Skipton.
The property occupies a prominent corner site on one of the main roads to the town, which is known as the Gateway to the Dales.
Its proximity to the national park makes it popular with tourists who also come to see the town's 12th century medieval castle, Leeds-Liverpool canal and weekly markets.
The guesthouse offers six en-suite bedrooms, a 14-seat breakfast room and owners' accommodation consisting of a ground floor lounge, a basement office-cum-sitting room and an en-suite double bedroom.
"There is potential to expand the business and attract the commercial mid-week market, which other hotels benefit from," added Paul Simpson at Christie + Co's Leeds office.
Christie + Co sold the freehold off an asking price of £425,000.
By Angela Frewin