St Nicholas Lodge, situated in the heart of Scarborough, North Yorkshire, overlooking the South Bay, has been brought to market through Christie & Co, with a price tag of £475k.
The seafront hotel, which was purpose built in 1793, comprises 11 guest bedrooms, a 20-cover dining area, and spacious commercial kitchen. Three-bedroom owner’s accommodation is also provided on the site, ideal for those looking for a lifestyle business or for a manager to live on site.
Located on St Nicholas Cliff, the property is just a short walk to the beach, with local shops and amenities close by, and within walking distance from train and bus stations. Attracting both leisure and corporate guests, St Nicholas Lodge is also ideally situated near The Spa complex, a popular events venue for conferences.
A family run business, St Nicholas Lodge has been operated by the current owner, Dorothy Hurrell, for the last 13 years and offers plenty of scope to grow, having only been inviting walk in guests for the past two years. Mrs Hurrell is now looking to sell the freehold to retire and spend more time with family.
Matthew Hendry, Business Agent at Christie & Co who is handling the sale, comments, “This hotel has huge potential, due to its location and size, for a new owner either to reopen as a hospitality business or for redevelopment as residential accommodation. We have seen the demand for quality guesthouses in North and East Yorkshire significantly increase over the past few years, so we expect a large amount of interest.”
