Blenheim Terrace, Scarborough OIRO £1,850,000

FOR SALE | The Delmont 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 16,300+ sq ft, 49 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 refurbishment programme across the guest bedrooms, with 20 out of the 49 en-suite bedrooms having been modernised and styled to a high standard which includes replastering, new electrics, new carpets, new beds and furnishings together with contemporary en-suites. The bar and lounges have been modernised in recent times aswell.

Please note: The owners sold off the leasehold interest in 20 Blenheim Terrace (owners still retain the freehold) some years ago which comprises of a number of apartments. This block is accessed from Marlborough Street but does include the southern end (left) of the building as seen from the front. Another point to note is the Delmont Social Club, lying at lower ground floor level at the northern end, does not form part of the subject property. Please see the floorplan for further details.

This is a profitable hotel and books can be made available for seriously interested parties. 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: £45,500

EPC: Band C (65)

All enquiries to CPH Property Services