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16 bedroom block of apartments for sale
Whitby Road, Loftus, Saltburn-By-The-Sea TS13
£189,995
Whitby Road, Loftus, Saltburn-By-The-Sea TS13
£189,995
Our Summary
- While the hotel requires full renovation throughout, the opportunity to create a bespoke accommodation experience is unmatched
- Current full planning permission is in place for a 16-bedroom hotel complete with a licensed bar and restaurant, offering significant potential for income generation
- Planning Application Ref: R/2024/0549/FF
- With a brand new roof fitted, this is a development opportunity not to be missed
- Current full planning permission for 16 bedroom hotel with licensed bar and restaurant (C1)
- Planning App Ref: R/2024/0549/FF
- Planning App Ref: R/2024/0549/ff
- Requires full renovation throughout
Description
This property, located just off the A174, offers a unique development opportunity in the vibrant coastal town of Saltburn-by-the-Sea. The existing building, spanning over 500 square meters, provides ample space to create a bespoke hotel experience, complete with a licensed bar and restaurant. With current full planning permission in place for a 16-bedroom hotel, this property presents significant potential for income generation. The property also features a large car park with space for 12-14 vehicles, a valuable asset for future guests. While the hotel requires full renovation, the new roof and existing structure provide a solid foundation for a successful business. With a buyer's premium applying, this is a development opportunity not to be missed for those looking to make their mark on Saltburn-by-the-Sea's thriving tourism industry.