Royal Avenue, Scarborough, North Yorkshire

+++AN EXCEPTIONAL INVESTMENT OPPORTUNITY to acquire THE ARTIST'S HOUSE, a SUBSTANTIAL SEMI-DETACHED PERIOD RESIDENCE, beautifully restored and converted into FOUR LUXURIOUS, HIGH-SPECIFICATION HOLIDAY APARTMENTS. Occupying a PRIME SOUTH CLIFF POSITION in Scarborough, this remarkable property combines ELEGANT PERIOD CHARACTER, IMMACULATELY PRESENTED ACCOMMODATION and an ESTABLISHED, HIGHLY SUCCESSFUL HOLIDAY LET BUSINESS, generating an annual turnover of approximately £85,000. Offered with the opportunity to acquire a FULLY EQUIPPED, TURNKEY GOING CONCERN, with THREE YEARS OF PROVEN TRADING HISTORY, OUTSTANDING GUEST REVIEWS and FORWARD BOOKINGS INTO 2027.+++

Steeped in history and architectural charm, The Artist's House was once home to renowned French watercolourist Paul Marny, whose connection to the property is commemorated by a prestigious Scarborough Civic Society blue plaque. This distinguished residence has undergone an extensive programme of sympathetic restoration and investment, carefully preserving its period elegance whilst introducing contemporary luxury, modern infrastructure and exceptional guest accommodation.

Thoughtfully arranged across four floors, the property comprises four individually designed and beautifully appointed apartments, each offering its own distinctive character and an impressive standard of finish. The accommodation includes The Maisonette, The Garden Flat, The Grand Bay and The Artist Studio, providing a versatile mix of holiday accommodation suited to couples, families and larger groups. Throughout, the interiors have been finished to an exceptionally high standard, with stylish kitchens, contemporary bathrooms, beautifully proportioned living spaces and carefully considered furnishings creating an inviting and luxurious guest experience.

The quality of the restoration extends far beyond the interiors, with substantial investment in the building's infrastructure, including EcoSlider heritage-style sliding sash windows, comprehensive insulation, soundproofing between floors, an upgraded fire safety system, three-phase electrics and an enhanced 32mm mains water supply. These improvements demonstrate the considerable attention to detail invested in creating a high-quality, professionally operated holiday accommodation business.

AN ESTABLISHED BUSINESS WITH AN IMPRESSIVE TRACK RECORD

Having commenced trading in June 2023, The Artist's House is now entering its fourth year of successful operation and represents an increasingly rare opportunity to acquire an established hospitality business with a demonstrable trading history.

The business has achieved Airbnb Superhost status for three consecutive years, alongside exceptional guest satisfaction ratings of 4.93/5 on Airbnb and 9.4/10 on Booking.com. With annual turnover of approximately £85,000, three years of trading accounts and an established reputation for quality, the property offers an attractive proposition for investors, experienced hospitality operators or purchasers seeking to enter the holiday accommodation market.

Importantly, the business also benefits from forward reservations extending into 2027, offering an incoming purchaser valuable visibility of future bookings and the opportunity to benefit from an established operation rather than building a business from the outset.

Subject to offer and separate negotiation, the property can be acquired as a fully equipped going concern, including furniture, appliances, guest amenities and a comprehensive operational handover, allowing for a seamless transition to new ownership.

FOUR BEAUTIFULLY APPOINTED APARTMENTS

The Maisonette provides characterful split-level accommodation, with an impressive bay-fronted open-plan lounge and bedroom occupying the ground floor, complemented by a fitted kitchen and contemporary shower room at lower ground floor level.

The Garden Flat offers a welcoming and beautifully presented retreat, featuring a spacious lounge/dining room, fitted kitchen and the particularly desirable benefit of direct access to the private rear garden, a feature which has proved especially popular with visiting guests.

Occupying the first floor, The Grand Bay is a particularly impressive and generously proportioned apartment, centred around a stunning bay-fronted open-plan living, dining and kitchen space. The accommodation is complemented by two bedrooms, a dedicated study area, a contemporary bathroom and an additional shower room, making it particularly well suited to family holidays and group stays.

The Artist Studio occupies the second floor and offers a further beautifully designed apartment, comprising an attractive bay-fronted open-plan lounge, dining and kitchen area, two well-proportioned bedrooms and a stylish bathroom. Its elevated position and generous accommodation create a wonderfully inviting setting for guests.

In addition to the four apartments, the property benefits from a substantial plant room, owner's storage and utility facilities, providing essential practical space for the efficient day-to-day operation of the business.

BEAUTIFUL GARDENS AND AN ENVIABLE SOUTH CLIFF SETTING

Externally, the property is complemented by attractive, established gardens to both the front and rear, featuring mature planting and thoughtfully landscaped areas designed to provide an appealing setting whilst remaining relatively low maintenance. The private rear garden is directly accessible from The Garden Flat, creating a desirable outdoor retreat for guests.

The Artist's House occupies a highly regarded position on a picturesque, tree-lined avenue within Scarborough's prestigious South Cliff area. Situated just off Ramshill Road, the property enjoys excellent access to the Esplanade, South Bay beach, Scarborough Spa, the town centre and railway station, together with an excellent selection of independent shops, cafés, restaurants and local amenities.

Scarborough continues to attract visitors throughout the year, and this desirable coastal setting, combined with the property's exceptional presentation and established reputation, makes The Artist's House a particularly compelling investment opportunity.

A RARE CHANCE TO ACQUIRE SOMETHING TRULY SPECIAL

Whether purchased as an established holiday accommodation business, a substantial coastal investment or a distinctive period property with versatile accommodation, The Artist's House presents an exceptional opportunity. Combining architectural heritage, extensive refurbishment, four high-quality apartments and a proven income-generating operation, this is a property which must be viewed to fully appreciate the scale, quality and potential on offer.

Three years of trading accounts and further business information are available to genuinely interested parties.

Early viewing is strongly recommended. Please contact Liam Darrell Estate Agents to arrange a private appointment and discover everything this outstanding property and business opportunity has to offer.