Location
The property is located on the south side of the North Yorkshire coastal town of Scarborough known by many as a tourist destination, Scarborough also has an extensive business and employment base, most of which is located in the close vicinity of the subject property at Eastfield/Seamer. The property overlooks the A64 which provides direct access to the town centre and connects through to York in the southwest. There is also easy access to the property via rail with the Seamer Railway Station lying approximately quarter of a mile to the north of the property. This railway station offers regular connections to York via Malton and the East Coast Mainline

General Overview
The property comprises a substantial detached office building, constructed in 2002 as the new HQ for Scarborough Building Society. It was refurbished in 2017 prior to the occupation by Sirius Minerals and those works included a wholescale renewal and installation of new air handling and cooling equipment.

The property provides accommodation over ground, first and second floors with plant room at third floor. It sits in extensive grounds in a prominent position at the southern gateway to the town centre and Scarborough Business Park.

The property is constructed of part brick and part block work with aluminium framed double-glazed fenestration throughout under a part flat and part mono-pitched steel-clad roofing system. Internally the office space is fitted out to a high specification offering a variety of open plan and individual office suites. The principal specification points are highlighted below:

Spacious reception area with security entrance swipe system.
2 x 13 person Kone passenger lifts.
Double glazing with internal blinds
LED lighting throughout principal areas
Air Conditioning/Comfort cooling throughout, with 2 zones per floor and additional air conditioning to the Comms and IT rooms.
Fully accessed raised floors.
Fully equipped restaurant / canteen with kitchen and server.
Gymnasium with adjoining changing and showering facilities.
Built in conferencing facilities.
Dedicated training/breakout areas.
Chief Executive suite with shower and adjoining board room with kitchen.
Secure deeds room with document storage and racking system.

The property has a sophisticated plant room at third floor with access to the roof void where much of the air conditioning and condensing plant is positioned.

Externally there is a tarmac covered car park with a capacity for approx. 153 car spaces.

Site Area
The total site area is approx. 4.25 acres (1.72 Ha).

Current Layout
Copies of current floor plans area available. Briefly the layout is as follows:

* Ground Floor: Entrance foyer with security barriers, offices, staff gymnasium, staff canteen/café, fully fitted catering kitchen and support facilities, changing rooms, Wc's, Medical Room, document storage room.

* First Floor: Mix of open plan and partitioned offices, kitchen area and staff break out areas.

* Second Floor: Mix of open plan and partitioned offices, suite of meeting rooms, Director's office with WC and kitchen, Main Boardroom

Schedule of Floor Areas

The following is a summary of the Gross Internal and Net Internal Areas:

Approximate Gross Internal Areas (Taken from previous sales details)

Floor Sqft Sqm
Ground 16,910 1,570.98
First 16,663 1,548.03
Second 16,500 1,532.89
Total 50,073 4,651.90



Approximate Net Internal Areas (Taken from Architects Floor Plans)

Floor Sqft Sqm
Ground 14,482 1,345.41
First 14,476 1,344.85
Second 14,399 1,337.70
Total 43,357 4,027.96

Tenure
The property is registered freehold with Title Number NYK249498.


Business Rates Assessments
The property is listed in the Business Rates register with the following Rateable Value:

Description Effective Date RV
Resolution House,
Lake View, Eastfield, Scarborough
1st April 2023
£272,500

Planning / Development Considerations

Given the fact that the property is vacant, there may be scope to consider alternative uses and/or partial or additional development within the site area.

There is a fair amount of detail on the Planning History, the following being most relevant from a marketing/sale perspective:

Planning Ref: 00/00909/FL - Detailed Planning granted 19th December 2000 for: 'Revised proposal for office development (Phase 1 & 2) with associated car parking'

This we believe is the consent, which was ultimately implemented, but only the Phase 1 element of the scheme was constructed. This leaves the Phase 2 elements, which comprise two 3 storey extension wings to the east and west of the main building, extending to a further 25,000 sqft per wing (i.e. 50,000 sqft in total), this would also include the extension of the car parking area to include additional car parking spaces to a combined total of 261 spaces.

In terms of alternative use and reference to Local Plan Policy, there is currently somewhat of a vacuum as the previous Scarborough Local Plan (adopted 2017) was in the process of a review, and that has now halted, with Scarborough now forming part of North Yorkshire Council. The result is that planning policy will now be set out within the emerging new NY Council Local Plan, and as governed by National Planning Policy via the new NPPF. Reference would be taken to the previous Local Plan and National policy in the event of any new application being made.

Terms
The property is available for sale freehold at a quoting price of £4,500,000 subject to contract.
Alternatively, the current owners would give consideration to leasing the premises, on terms to be agreed.

VAT
All reference to price, premium or rent is quoted exclusive of VAT. VAT will be applicable.

Legal Costs
Each party to bear their own costs.

EPC
The Property has an EPC Rating 'A'.