Watling Real Estate is instructed on behalf of the Joint Administrators to bring to market a unique portfolio of 14 vacant residential properties with redevelopment potential, located in Bridlington and Scarborough.
The salient points are as follows:
• Comprising 11 former hotels, 2 former residential care homes, and 1 refurbished former public house
• All properties are freehold
• All properties are offered vacant
• Excellent scope for conversion to licensed HMO use or separate self-contained apartments
• Refurbishment of several properties has commenced
• The region currently has one of the strongest housing markets within the UK, with prices up +4.5% annually
• Properties are concentrated in central locations within walking distance of the respective town centres
• Locations have excellent road and rail links
• Bridlington and Scarborough are consistently ranked among the UK’s most visited coastal destinations
Seeking all expressions of interest.
For further information, access to our dedicated data room, or to arrange a viewing, please contact Alex Sweetman or James Bunce.
View the full web listing here.
