Initial price	£525,000
15/02/24	£505,000
02/07/24	£494,900
05/10/24	£475,000
18/02/25	£465,000
Price Change	-11.43%

Harris Shields Collection Estate Agents is delighted to offer a rare investment opportunity with the freehold sale of The Paragon Hotel, a 16-bedroom hotel situated in a stunning cliff-top location with breathtaking views of Scarborough Castle and the sea. The property boasts mostly double-glazed and gas-central-heated rooms, spread across six floors, featuring 16 guest bedrooms with en-suite bathrooms, a large dining room, bar lounge, kitchen, and car parking for several vehicles. With a rateable value of £10,000, the property qualifies for business rates relief, making it an attractive opportunity for discerning investors or hospitality enthusiasts. Conveniently located near Scarborough's attractions, the hotel provides easy access to the town's sandy beaches, historic sites, and vibrant entertainment options.