Hotels and Motels for sale in Scarborough

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I can honestly say I was overwhelmed by the amount of interest and enquires.

Jo White (April 2016)
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Freehold Price: £460,000
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Business Description
24 Rooms, 10 En-Suite
W/T £2,000 approx
Long term occupants
1 Bed Self Con Owners Accom
Enviable Reputation
EPC Rating - Not Required

Blacks Brokers is delighted to offer for sale this well-established hotel, which has been in our client's careful ownership since 2003. Only now is the business placed on the market due to our client's desire to move abroad. During our client's ownership she has worked extremely hard to develop the business to its current level and has built up an excellent reputation for the quality and service they offer at reasonable prices. The business benefits from a year round trade has excellent levels of repeat trade, especially from coach and school parties. The hotel offers 24 bedrooms, 7 of which are en-suite and each have colour TVs and tea/coffee making facilities. The business further benefits from a residents' licensed bar and a large dining room with 60 covers. This is an ideal opportunity for anyone looking for a large guest house, which has the potential for redevelopment but which is almost permanently full with occupants provided consistently by the local council. Early viewing must come highly recommended.

The Albermarle Hotel occupies a substantial double fronted, mid-terrace position overlooking a small grassed park area. The business is close to Scarborough town centre and all the local amenities. Scarborough offers people of all ages an abundance of facilities, with two beautiful bays, safe sandy beaches and the famous Sea Life Centre, as well as many excellent restaurants, theatres, public houses and night clubs.

FINANCIAL PROFILE - W/T: £2,000 approx

OPENING HOURS - Open all year round

PROPERTY DETAILS - Two brick built interconnecting properties with 24 letting rooms and separate owners' accommodation, briefly comprising

ACCOMMODATION - Ground floor:
Residents' lounge with timber bar, servery and bay window
Single room
Two triple rooms with en-suite
Double room, Family room
Shower room, WC
First Floor:
Triple en-suite room
Single room
Two family rooms
Family room with

OWNER'S ACCOMODATION - Lounge, Double bedroom
Utility room, Workshop
Bathroom with shower and WC

EXTERNAL - Rear yard with two garages

TENURE - Advised Freehold

Tenure: Freehold

Location Details: Scarborough

Downloadable Documents

Listed by: Amberglobe
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