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16 bedroom block of apartments for sale
Whitby Road, Loftus, Saltburn-by-the-sea
£189,995
Whitby Road, Loftus, Saltburn-by-the-sea
£189,995
Price History
Initial price | £229,995 |
05/09/25 | £189,995 |
Price Change | -17.39% |
Description
This property, located just off the A174, offers a unique development opportunity in the vibrant coastal town of Saltburn-by-the-Sea. The existing building, spanning over 500 square meters, provides ample space to create a bespoke hotel experience, complete with a licensed bar and restaurant. With current full planning permission in place for a 16-bedroom hotel, this property presents significant potential for income generation. The property also features a large car park with space for 12-14 vehicles, a valuable asset for future guests. While the hotel requires full renovation, the new roof and existing structure provide a solid foundation for a successful business. With a buyer's premium applying, this is a development opportunity not to be missed for those looking to make their mark on Saltburn-by-the-Sea's thriving tourism industry.