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Luxury B&B and restaurant for sale in Scarborough North Yorkshire

Scarborough, North Yorkshire
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  • Freehold: £799,950
  • Turnover: £195,000 (£3,750 per week)
  • Profit: Not Applicable

Business Details

Hotels For Sale in Scarborough

LUXURY B&B AND RESTAURANT in Scarborough for Sale.

Ernest Wilsons are delighted to present this immaculately maintained and award winning hotel and restaurant, which has been successfully owned and operated by our clients since 2016. During their ownership, the property has undergone an extensive programme of refurbishment and enhancement, establishing a highly regarded reputation for quality and service.

Beautifully positioned on the edge of the Yorkshire Wolds and within close proximity to the Yorkshire Heritage Coast, this exceptional property combines lifestyle, business, and development potential in an enviable location.

The premises operate as a six bedroom boutique hotel alongside an intimate 32 cover, Two AA Rosette restaurant. In addition, there is a spacious three bedroom owner’s residence, with the flexibility to create a fourth bedroom or nursery by adapting the existing walk in wardrobe. Previously our clients also operated as a tearoom and could be again.

Weekly turnover £3,500 to £4,000. Extending to over 400 sq m, this substantial property offers significant scope for further development, including the potential to add additional letting rooms. The lodge occupies a generous plot of approximately 0.9 acres.

Planning consent has already been granted for the installation of shepherd’s huts. The space also lends itself well to marquee events, making it ideal for weddings and private functions. Further opportunities include camping or glamping use, as well as residential or commercial development, subject to the relevant consents.

The property is discreetly set back from the main road in Flixton, an ancient and picturesque village on the edge of the Yorkshire Wolds, ideally located between Scarborough and Filey along the Yorkshire Heritage Coast. Flixton is a thriving heritage village, surrounded by attractive hamlets and coastal communities. North Yorkshire welcomes over 34 million visitors each year, with Scarborough and the Yorkshire Coast ranking as the second most popular destinations after York.

The substantial accommodation must be viewed to be fully appreciated and briefly comprises:
Ground Floor: Reception area leading to a bar and snug lounge, 32 cover restaurant, spacious and fully equipped commercial kitchen with additional food preparation area and pantry. Newly refurbished customer WC facilities, staff WC, additional cellar storage, laundry room, workshop, and garage.
First Floor: Six en suite super king guest bedrooms, all capable of being reconfigured as twins if required. Three rooms feature shower rooms, and three offer full bathrooms.
Owner’s Accommodation: Accessible via the commercial premises but capable of being made fully self contained. Currently used as the owner’s residence, it also offers potential for conversion into additional letting rooms or a holiday cottage (subject to consents). Ground floor accommodation includes a lounge, kitchen, dining room, and study. The first floor provides three bedrooms, two bathrooms, and a separate WC. The cottage benefits from having its own heating system. Cellar storage.
Externally: The attractive L shaped building encloses a private courtyard providing parking and a hard standing motorhome pitch. The landscaped and manicured gardens include a charming summer house. To the rear lies a beautiful approximately 0.5 acre orchard, offering excellent development potential. Parking is available for up to 12 vehicles.

After more than 10 years at the property, the owners have recently taken steps toward retirement, resulting in the business operating on very limited hours:
Letting rooms and motorhome / camping trade for nine months of the year, closing in November and January, with limited operation during December, February, and March. Despite this, the business achieves a healthy turnover of approximately £80,000 and operates on excellent profit margins.
The restaurant currently opens just three evenings per week and generates an annual turnov
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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