St Nicholas Street, Scarborough Guide price £400,000
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- Substantial freehold period property arranged over four floors in a prime St Nicholas Street location
- Dating back to circa 1800, offering character, history and architectural charm
- Prominent position within a busy town centre, ideal for a range of commercial or residential uses
- Previously operated as a bar, presenting excellent scope for refurbishment or repurposing
- Significant development potential for mixed-use or residential conversion
- Plans prepared for conversion of upper floors into 11 self-contained flats (subject to planning permission)
- Flexible layout allowing alternative redevelopment configurations (STPP)
- Attractive opportunity for investors, developers or owner-occupiers
- Rare chance to acquire a sizeable town centre building with strong value-add potential
- Early viewing highly recommended to appreciate the scale, location and possibilities on offer
Situated on St Nicholas Street, this substantial freehold property offers a unique opportunity for both investors and developers. Spanning across four floor and dating back to 1800, the building boasts a rich history and significant potential for redevelopment.
The building previously operated as a bar, it retains a certain charm that could be revitalised with the right vision. The location is ideal, situated in a bustling town centre, which enhances its appeal for mixed-use development.
Plans have already been prepared for the conversion of the upper floors into eleven self contained flats, (subject to planning) but could be redeveloped with other configurations.
Whether you are seeking a project to transform or a strategic investment, this property on St Nicholas Street is a rare find that combines historical significance with modern possibilities. Do not miss the chance to explore the potential that this property holds.
Location
Scarborough is an established commercial, tourist and retail centre, lying approximately 40 miles east of York with a population of in the region of 81,000 people and a district population of around 110,000 persons (Sources: ONS and Focus). The town is adjacent to the North Yorkshire Moors National Park and is one of the principal resorts on the north east coast, attracting an estimated 7 million visitors a year.
These premises are situated on St Nicholas Street which is just off the pedestrianised shopping precinct of Westborough and benefits from all year round passing trade.
The Building
A substantial five storey building situated in the main town centre that has previously been operating as a bar. The building has now been stripped back and is ready for repurposing. Extensive plans have been drawn up that include potential for a large retail / restaurant space on the ground floor with a conversion / development of the upper floors into a block of self contained flats. The rear benefits from having sea views across the south bay from the upper floor levels.
Tenure
Freehold with vacant possession
Guide Price
Available with a guide price of £400,000.
Viewing
Strictly by appointment via sole agents Colin Ellis Property Services on 01723 363565
To view all our commercial listings please visit www.colinellis.co.uk
Scarborough YO11 2HF
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