The Almar, 116 Columbus Ravine, Scarborough, North Yorkshire

Almar is an immaculate and highly profitable freehold guest house, superbly positioned in one of Scarborough’s most sought-after locations, just minutes from the North Bay, beach, and Peasholm Park. The property currently offers nine letting rooms, all with en-suite facilities, and has traded in excess of £105,000 per annum (2024 figures). With a strong reputation, excellent guest feedback, and a high level of repeat business, this is an outstanding opportunity for purchasers seeking a well-established and successful hospitality business.

The guest house provides welcoming communal areas including an entrance hall, dining room, and licensed bar, alongside a well-equipped kitchen. The letting accommodation is arranged over two upper floors, comprising three en-suite bedrooms and a laundry room (previously used as a bedroom) on the first floor, with five further en-suite letting rooms on the second floor. In addition, the property benefits from comfortable owner’s accommodation including a private lounge with access to the rear garden, owner’s bedroom, dressing room, and bathroom. The property qualifies for business rates relief with a rateable value of £7,700, while the owner’s accommodation falls within Council Tax Band A.

Situated close to Scarborough’s popular North Bay, Almar enjoys an excellent trading position within easy walking distance of the beach, Peasholm Park, and the town’s many attractions. The area is well known for attracting year-round visitors, ensuring consistent demand and strong occupancy levels, making this an ideal opportunity for those looking to invest in a thriving coastal guest house business.

Viewing is strictly by appointment via SilverTree Estate Agents.