Initial price	£525,000
15/02/24	£505,000
02/07/24	£494,900
05/10/24	£475,000
Price Change	-9.52%

Harris Shields Collection Estate Agents is delighted to offer a rare investment opportunity with the freehold 16-bedroom Paragon Hotel in Scarborough, a stunning cliff-top location with breathtaking views of the Castle and sea. The property boasts mostly double-glazed and gas-central-heated accommodation, spread over 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 hotel qualifies for business rates relief, making it an attractive proposition for discerning investors or hospitality enthusiasts. Conveniently located near Scarborough's attractions, the Paragon Hotel offers easy access to the town's sandy beaches, historic sites, and vibrant entertainment options.