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10 bed property, in Newcomen Terrace, £290,000
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10 bed terraced house

Newcomen Terrace, Redcar
Planning
£290,000

Our Summary

  • Currently operating as the well-established Lakeside Hotel, the property extends to four floors and offers a rare opportunity to acquire a landmark coastal building with considerable flexibility for a range of future uses, subject to the necessary consents
  • The scale and layout of the building present opportunities for conversion to high-quality residential apartments, an exclusive boutique hotel, or an impressive private residence, subject to the requisite planning permissions
  • To the rear, an enclosed yard provides valuable ancillary space with potential for off-street parking, landscaping, or further development, depending on requirements and any necessary consents
  • Combining an outstanding seafront setting with a substantial footprint and significant scope for enhancement, the property represents an exceptional opportunity for investors, developers and private purchasers alike

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Description

The property is a four-storey, substantial period building occupying a prime seafront location with uninterrupted views across the beach and coastline. The accommodation includes a generous number of well-proportioned guest bedrooms, many with panoramic sea views, and large windows throughout that provide an abundance of natural light. The ground floor features extensive reception and hospitality spaces that can be adapted for alternative uses, and a rear enclosed yard offers ancillary space with potential for off-street parking, landscaping, or further development.