Esplanade, Scarborough Guide price £2,500,000

FOR SALE | The Ambassador Hotel | An outstanding and rare hotel opportunity situated on the beautiful North Yorkshire Coastline.

CPH Property Services are delighted to bring to the market this 19,700+ sq ft, 43 bedroom hotel with BREATHTAKING VIEWS of the historic seaside town of Scarborough. Scarborough is a hugely popular tourist destination and one of the busiest seaside towns in the UK. The town has a multitude of attractions including its historic castle, glorious beaches, The Open Air Theatre and its proximity to the North York Moors National Park.

The current owner's are mid way through a full refurbishment programme across the entire building which includes a rewire, full new heating system, external stonework replacement and reroof together with a complete cosmetic upgrade internally. Trading figures are available for The Ambassador Hotel pre-covid on request.

The property offers endless opportunities as it has hosted many weddings & celebrations over the years with a function room at lower ground floor level together with a lounge/bar area at ground floor level with exquisite coastal views from the beautiful bay windows. The hotel also boasts a heated swimming pool with showers and sauna, mud room and also a conference room.

There may be also scope to redevelop the property for residential purposes (subject to gaining the necessary planning permission) which could see the creation of a number of high end residential apartments.

Tenure: Freehold

Rateable Value: £58,500

EPC: Band D (76)

All enquiries to CPH Property Services

Please note: The premises known as 'The Beach House Rooms' at 38 Esplanade now no longer forms part of the subject property for sale and will be retained by the family for their own use. Further information is available on request.