23 bedroom Hotels / Guest House Sold Subject to Contract

Scarborough, North Yorkshire, YO11 2PW

Offers In Excess Of : £650,000

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Full description:

Tenure: Freehold

Colin Ellis Commercial are delighted to offer to market this prestigious and historic 23 bedroom hotel in the centre of Scarborough Town Centre within 100m of the train station and with all other restaurants, bars, shops and shopping centre on its doorstep. Located adjacent to the beautiful Crescent Gardens with sea views and in a parade of stone built Edwardian terraced houses, this property sits in a superb position and has much to offer. Internally the hotel boasts many features, being Grade 2 listed, and offers an impressive entrance hall, reception, bar and seating area, restaurant with feature stained glass atrium, additional public wine bar (Red Square), board room, passenger lift and a commercial kitchen with walk in fridge & freezers. There is also a front car park providing valuable parking for up to 10 cars. The hotel is currently closed and is being sold vacant with all fixtures and fittings ready for new ownership.

THE PROPERTY: Fantastic hotel with 23 en-suite bedrooms, restaurant, two bars, car park and all fixtures and fittings. The hotel is currently closed and therefore a goodwill premium has not been attached to the price making this excellent value for money and a super opportunity for a budding, or experienced hotelier to put their own spin on things and bring it back to the successful busy hotel it once was.
The property may also appeal to developers, as a conversion to flats may be possible (STP).

LOCATION: Scarborough is a famous east coast holiday resort which is going from strength to strength with recent investment and new attractions inc. the Alpamare water park, Open Air Theatre, new cinema complex (under construction), Coventry University, University Technical College and sports village. Also hosting the Tour De Yorkshire, and many other annual events throughout the year, and within a few miles of The North Yorkshire Moors, Dalby Forest and other seaside towns such as Robin Hoods Bay, Whitby and Filey, Scarborough is the perfect base for holiday makers. Scarborough also has a healthy amount of industry and manufacturing meaning there is always contractors and business people needing rooms.
The hotel is conveniently within 100m of the train station and Stephen Joseph Theatre. And with the south bay beach and Spa all within walking distance. The Crescent is also home to art galleries, Woodend Creative and the Kagyu Samye Dzong Buddist Centre making the area rich in diversity and creativeness.


GROUND FLOOR: On entering the hotel through the main entrance door the hallway, with high ceilings and period features, brings you to the reception desk with a marble counter top. Double doors off the lobby lead through to the bar and seating area where there is a feature fire place, leather sofas, cornice coving and patterned plaster ceiling.


THE RESTAURANT: The restaurant is bright and airy having a feature stained glass atrium roof, raised seating area, mini stage with stage lighting and two double glass doors to the rear yard. There is also parquet wooden dance flooring.

THE BAR: Red Square is a public bar offering approximately 1,500 sqft of floor area with a large bespoke bar with granite top, male and female toilets, mood lighting and seating.

KITCHEN: The commercial kitchen is well equipped and geared up for catering for large numbers. There is also a dry store, walk in fridge, separate wash area and chefs office/store.

FIRST FLOOR: The first floor contains 13 bedrooms which are all en-suite and range from the large suite rooms with balconies overlooking the park to standard double and twin bedrooms on the west wing. There is also a passenger lift to all floors.

SECOND FLOOR:

BUSINESS RATEABLE VALUE:

VIEWING:

COMMERCIAL DISCLAIMER: Unless otherwise stated, all prices and rentals quoted are exclusive of any VAT to which they may be subject. Specific enquires should be made of the vendor/landlord for clarification prior to entering into any arrangement or agreement. These particulars are a general outline only, for the guidance of prospective purchasers or tenants and do not constitute the whole or any part of an offer of contract. Colin Ellis Property Services cannot guarantee the accuracy of any description, dimensions references to condition, necessary permission for use and occupation and other details contained herein and prospective purchasers or tenants must not accept as statement of fact or representation and must satisfy themselves as to their accuracy. The reference to any plan, machinery, equipment, devices, fixtures, or fittings at the property shall not constitute a representation unless otherwise stated as to the state or condition or that it is capable of unfulfilling its intended function. Prospective purchasers/ tenants should satisfy themselves as the fitness of such items for their requirements. Colin Ellis Property Services will not be liable in negligence or otherwise nor anyone arising from the use of these particulars. No employee of Colin Ellis Property Services has any authority to make or give any representation or warranty or enter into any contract whatever in relation to the property.

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