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17 bedroom hotel for sale

Queens Parade, Scarborough

Sold STC £300,000

Property Description

Key features

  • 15 En-Suite Letting Rooms (Mix of Doubles & Family Rooms)
  • Spectacular Sea Views of North Bay Coastline & Castle
  • Generous Car Park on 9 Year Lease from Scarborough Council
  • 2 Bedroom Spacious Owner's Accommodation
  • Trades Just Under VAT Threshold - Potential to Increase Trade
  • Numerous Forward Bookings for 2017.

Full description

*** EXCEPTIONAL SEASIDE HOTEL WITH BREATHTAKING COASTLINE VIEWS ***

+++ 15 EN-SUITE ROOMS TOGETHER WITH EXTENSIVE 2 BEDROOM OWNER'S ACCOMMODATION +++

The Phoenix Court Hotel occupies a quite magnificent elevated position on the famous Northside of Scarborough. Rooms to the front of the hotel enjoy unobstructed views of Scarborough's Castle together with the Northbay coastline. The hotel benefits from a private resident's car park which can accommodate approximately 10 cars. The spacious owner's accommodation occupies the entire floorplate of the lower ground floor and provides 2 bedrooms together with lounge/dining room, a generous well equipped kitchen, bathroom with 3 piece suite, study together with storage.  

To the ground floor lies a double dining room with a breakfast bar and approximately 30 covers, a well appointed resident's lounge with bay window looking out to the coast and an en-suite letting bedroom.  At first and second floor levels lie eight en-suite bedrooms and the third floor accommodates 5 en-suite bedrooms together with a storage room. 

The property lies within a Conservation Area and benefits from double glazing and gas central heating.  The current owner's have successfully run the business since 2004 and are only selling due to retirement.  Viewing is highly recommended. 


LOWER GROUND FLOOR: 

Owner's Living/Dining Room: 
14' 8'' x 17' 9'' (4.46m x 5.42m)

Kitchen: 
12' 6'' x 13' 9'' (3.80m x 4.20m)

Owner's Bedroom 1: 
12' 7'' x 15' 3'' (3.84m x 4.64m)

Owner's Bathroom: 
9' 3'' x 6' 5'' (2.82m x 1.95m)

Owner's Bedroom 2: 
13' 1'' x 9' 3'' (4m x 2.82m)

GROUND FLOOR: 

Entrance Hall / Reception: 

Resident's Lounge: 
15' 1'' x 15' 7'' (4.60m x 4.74m)

Dining Room 1: 
18' 10'' x 14' 11'' (5.74m x 4.54m)

Dining Room 2: 
15' 3'' x 19' 8'' (4.66m x 6.00m)

Bedroom 2: 
15' 4'' x 19' 2'' (4.67m x 5.83m)

FIRST FLOOR: 

Bedroom 3: 
14' 8'' x 10' 6'' (4.47m x 3.19m)

Bedroom 4: 
20' 1'' x 7' 10'' (6.13m x 2.39m)

Bedroom 5: 
16' 0'' x 19' 4'' (4.87m x 5.89m)

Bedroom 14: 
15' 1'' x 19' 7'' (4.61m x 5.97m)

Bedroom 15: 
19' 9'' x 15' 7'' (6.02m x 4.74m)

SECOND FLOOR: 

Bedroom 6/7: 
15' 8'' x 19' 3'' (4.77m x 5.87m)

Bedroom 8: 
18' 0'' x 19' 6'' (5.48m x 5.95m)

Bedroom 16: 
19' 6'' x 19' 8'' (5.94m x 6.00m)

Bedroom 17: 
19' 8'' x 15' 5'' (5.99m x 4.69m)

THIRD FLOOR: 

Bedroom 9: 
10' 0'' x 15' 3'' (3.04m x 4.64m)

Bedroom 10: 
23' 0'' x 8' 1'' (7.00m x 2.46m)

Bedroom 11: 
12' 9'' x 18' 9'' (3.88m x 5.72m)

Bedroom 19: 
15' 3'' x 8' 3'' (4.66m x 2.51m)

Bedroom 20: 
23' 3'' x 9' 3'' (7.08m x 2.81m)

THE BUSINESS: 
Accounts will be made available to seriously interested parties who have viewed the premises. We can confirm the current owners trade just under the VAT threshold, however in the past, turnover has exceeded £115,000

RATEABLE VALUE: 
2010 Rateable Value: £7,500 2017 Rateable Value: £9,700 The property should qualify for 100% Rates Relief from April 2017.

VIEWING: 
Via the Sole Selling Agents: CPH Property Services 19 St Thomas Street Scarborough YO11 1DY Joe Walker MRICS 01723 352235 joe@cphproperty.co.uk

PROPERTY REF: 
10408

Bedroom 21: 
17' 9'' x 12' 6'' (5.42m x 3.81m)

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