Commercial development for sale

Auction Commencing on Monday 23rd February at 1pm and ending 24 hours later on Tuesday 24th February at 1pm with Auction House North East

Please register to bid via our website - auctionhouse.co.uk/northeast

FOR SALE BY AUCTION – DEVELOPMENT OPPORTUNITY WITH PLANNING PERMISSION!

Located just off the A174 and approximately five miles from the coastal town of Saltburn-by-the-Sea, this substantial property presents an excellent redevelopment opportunity in a popular area of North Yorkshire. The location benefits from strong tourist appeal due to its proximity to the coast and surrounding countryside.

The existing building extends to over 500 square metres and currently benefits from a recently installed new roof. The property requires full renovation throughout. A large on-site car park provides parking for approximately 12 to 14 vehicles.

Full planning permission has been granted for the development of a 16-bedroom hotel with licensed bar and restaurant under Use Class C1. The approved scheme offers significant scope for income generation and long-term investment. Planning Application Reference R/2024/0549/FF.

*please note pictures 1 - 4 are an artists impression of what it could look like once work is completed.

Tenure: See Legal Pack

EPC Rating: N/A

Administration Fee: £3600 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.