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Residential development for sale

St Nicholas Street, Scarborough

Guide Price
£400,000
Colin Ellis Estate Agents, Scarborough
PROPERTY TYPE

Residential Development

SIZE

1,045 sq ft

97 sq m

Key features

  • 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

Description

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

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Brochures

St Nicholas Street, Scarborough

St Nicholas Street, Scarborough

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Scarborough Station0.3 miles
  • Seamer Station3.0 miles
  • Filey Station6.6 miles
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About Colin Ellis Estate Agents, Scarborough

49 Aberdeen Walk, Scarborough, YO11 1BD

Colin Ellis Property Services are committed to offering the most comprehensive service in Ryedale, Scarborough and on the East Coast area.

The Partners and Staff offer extensive local and regional knowledge thus bringing friendly yet highly trained marketing skills to each and every property transaction. • Residential Sales • Commercial Sales • Letting Agency • Property Management • Surveys and Valuations

Notes

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Disclaimer - Property reference 34470313. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Colin Ellis Estate Agents, Scarborough. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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