Description

For Sale; Tenanted Investment / Development Opportunity 

Scarborough is a popular East Coast Resort on the North Yorkshire Coast. The town is readily accessible by road, with the principal connect being the A164 to York, that then leads onto the A1,M1 and M62. The town also benefits from a mainline railway station.

The building is a detached three storey purpose built convalescent home that is believed to be of traditional construction with brick / blockwork walls that have a render finish. 

It consist of 22 bedrooms, 21 of these are ensuite, along with a managers flat. 

A residents lounge, dining room and bar area complete with reception area and commercial kitchen. 

The ground floor could be reconfigured to create additional bedrooms. 

Ground Floor 243 sq m / 2,615 sq ft 

First Floor 243 sq m / 2615 sq ft 

Second Floor 243 sq m / 2615 sq ft 

Total size 729 sq m / 7,847 sq ft 

The building benefits from UPVC windows, gas central heating, a lift to all floors, and a disability scooter garage that can accommodate 5 scooters. 

Total site area 0.8 acres.

The current owner is proposing to rent the building back at a rental of £65,000 per annum for two years and then offering vacant possession. 

Confidential sale, no direct approach is to be made. 

For Sale - £700,000

NOTE - ANY BUYER IS RESPONSIBLE FOR PAYING THE SELLERS AGENTS FEES OF 1.5%+ VAT