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16 bedroom block of apartments for sale
Whitby Road, Loftus, Saltburn-By-The-Sea TS13
£229,995
Whitby Road, Loftus, Saltburn-By-The-Sea TS13
£229,995
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 charming coastal town of Saltburn-by-the-Sea. The existing building, spanning over 500 square meters, has full planning permission for a 16-bedroom hotel with a licensed bar and restaurant, providing significant potential for income generation. The property features a large car park and a brand new roof, making it an attractive destination for tourists. Although the hotel requires full renovation, the opportunity to create a bespoke accommodation experience is unmatched. A video of the property's internal condition is available upon request, providing insight into the renovation needs. This is a development opportunity not to be missed, offering the chance to make a mark on Saltburn-by-the-Sea's thriving tourism industry.