Blands Cliff Lodge is a well established 16 letting bedroom guest house with scope for much more. Along with two bedroom owners accommodation there is also potential to complete the conversion of the top floor into a self contained flat and to reopen the cafe. The building also includes a tenanted retail unit on Eastborough. Run by the current owners for over 10 Years and is coming onto the market due to retirement.
Full Description A substantial five storey end terrace building that is currently arranged as a 16 letting bedroom guest house that has potential to create more letting rooms or additional owners living accommodation.
Location Blands Cliff Lodge is conveniently located on the junction of Blands Cliff and Eastborough and is within walking distance of the main town centre and the South Bay.
Services All mains services are believed to be connected to the building with the benefit of gas central heating to the main areas of the guest house.
Terms To be sold Freehold and as a going concern.
The ground floor retail unit is subject to a commercial lease with a current passing rent of £5,200 per annum.
Viewing Strictly via sole selling agents, Colin Ellis Property Services on 01723 363565
Blands Cliff Scarborough, North Yorkshire YO11 1NR
Based on property / land value of Guide price £595,000 there will be an approx of £ Stamp Duty due.
Less than £250k
£250k to £925k
£925k to £1.5M
Over £1.5 million
If a property is greater than £425k you are not eligable for Stamp Duty relief.
For properties over £625k, SDLT is charged at 0% up to £250k and 5% from £250k to £925k.
This stamp duty calculator is designed to give you an idea of your stamp duty liability when buying a freehold residential property in England & N.Ireland. Stamp duty calculations are rounded down to the nearest pound. Stampy Duty guide is approx. as of 23rd September 2022 - please visit https://www.gov.uk/stamp-duty-land-tax for the latest information