Property for sale in Scarborough District - 28187523 - Advertised on propertyO by Select Portfolio - Select Resorts UK

Room for sale

£50,000

England, North Yorkshire, Scarborough District, United Kingdom Property ID: 28187523


Property features

  • 10% NET returns for 10 years
  • A 5 year extension from year 10 and buy back at year 15 at 137%
  • Fully managed by a leading luxury hotel operator
  • Majority of rooms offering views of the sea and South Bay

Property description

Northern Powerhouse Developments is delighted to announce the arrival of an elegant new seaside property which sits proudly in our Classic Collection of hotels. The majestic Harland Hotel, situated in one of the UK’s most iconic seaside resorts, offers another exciting opportunity for purchasers.

 

With a commanding position above the cliffs overlooking Scarborough and the South Bay, this large and comfortable hotel enjoys a unique charm and romance, dating back to a time when the town first became a Mecca for tourists. Over the coming year, the spacious ensuite bedrooms, restaurant and bar areas of The Harland will be given a fresh and sympathetic makeover while retaining the architectural beauty of this stunning seaside building.

 

The hotel will undergo a rolling schedule of renovation and refurbishment whilst remaining open and operational and we are delighted to offer a number of opportunities for purchasers looking to expand their portfolio with this popular Scarborough property.

 

Offering single, double/twin and premium suites The Harland Hotel will provide purchasers with a unique opportunity to own a timeless Victorian treasure in the heart of one the UK’s most famous resorts

Contact Select Portfolio - Select Resorts UK about this property

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