This historic Scarborough property, available for the first time in over 125 years, presents a unique investment opportunity. Comprising a freehold retail unit with upper floors situated on a bustling tourist route, the building's heritage offers significant potential for redevelopment. The current owners have maintained the property within their family for generations, but the upper levels have remained unused since the 1950s and will require extensive refurbishment. There is promising potential to convert these spaces into residential accommodation (subject to planning approval), which could take advantage of stunning views over Scarborough’s South Bay and coastline.
The ground floor features an attractive façade with ample display windows and dual entrances leading into an effectively utilized retail space. At the rear, there is a staff area complete with W.C. facilities and an office as well as a garden area that also boasts impressive sea views. Overall, this property provides both a practical commercial space and exciting prospects for residential transformation.
