Income-producing coastal holiday let with private parking and scope to expand.
Stunning sea and castle views over Scarborough North Bay
A rare freehold mixed-use opportunity on Queens Parade with panoramic sea and castle views across Scarborough North Bay. Laid out over four floors, the property operates as a successful five/six-bedroom holiday let with separate lower-ground owner’s accommodation and independent front and rear access. The current set-up comfortably sleeps up to 12 guests and benefits from established listings and strong platform ratings.
Practical advantages include private off-street parking for 3–4 cars, 100% small business rates relief for qualifying occupiers, fast broadband and excellent mobile signal. The lower-ground flat could remain as owner accommodation or—subject to planning and listed-building consent—be integrated into the main holiday let to increase lettable beds and income.
Important considerations: the building is Grade II listed, which will restrict alterations and may complicate refurbishment or reconfiguration. The immediate area has high crime statistics and is classed as very deprived, which may affect long-term demand for some visitor segments. Buyers should factor in listed-building consent processes and potential maintenance costs associated with a Victorian seafront terrace.
This property suits an investor or live-in operator seeking an income-producing coastal asset with immediate trading history, or someone willing to manage the regulatory requirements of a listed building to unlock further letting potential.
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