Harland Hotel, Scarborough

Prices from £50,000

*For sale through joint agents Lawrence Copeland Town & City Centre and Quantum Portfolio Limited

The Opportunity:

An outstanding investment opportunity, buyers receive 10% NET rental returns p.a. for 10 years and benefit from a 125% sell-back opportunity in year 10, ensuring an exceptional return on investment. The hotel will be fully managed by an experienced operator, offering a completely hands-off, hassle-free return on investment.

The Harland Hotel sits majestically above the cliffs on the beautiful North Yorkshire coast overlooking the popular resort of Scarborough.

With a long and proud history of delivering excellent hospitality to holidaymakers since it was built in 1854, the new-look Harland Hotel will further enhance its reputation as the perfect base for those looking to unwind and explore all that this rugged and exciting part of the world has to offer.

Behind the old-fashioned warm welcome The Harland offers, you will find all the advantages of a modern hotel: comfortable, well-planned, with excellent facilities for all age groups and a light and airy contemporary feel.

With 74 en-suite rooms, many enjoying breathtaking views across the South Bay, this imposing hotel will shortly undergo a rolling schedule of renovation over a three year period that will be sympathetic to the architectural beauty of the building.

The sensitive refurbishment will maintain the look and feel of the hotel, respecting its heritage. Additions will include its own up-market coffee house, spacious restaurant and relaxing bar area. In addition the hotel’s existing function rooms will be updated to complement the grandeur of this impressive building.

With its stunning location it is no surprise to learn The Harland Hotel is a hugely popular venue for weddings and events, and with its unrivalled views across the bay, it enjoys year-round bookings.