Seaside Hotel in Redevelopment Area

Hotel on Redcar High Street for Sale

Royal Hotel
Graffenberg Street
Redcar
Cleveland
TS10

Ground floor footplate: 3526.05 sq/ft*

£ 160,000 + VAT
Freehold

LOCATION
The Royal Hotel is located on the sea front in Redcar, Cleveland. The area is undergoing a £40m redevelopment including a unique 80ft vertical pier. Situated to the rear of the property is the main High Street.

PROPERTY
The Royal Hotel is a part 2, part 3 storey building with a pitched slate roof. Property benefits from sea views and boasts a small yard to the rear. Ground floor comprises a large open plan trade room with bay windows, former kitchen and toilets. First floor has 7 rooms with bathroom and WC. Second floor comprises a further 8 rooms and bathroom.

FURTHER INFORMATION
Vacant possession
Development potential (STPP)
Approx gross site area: 4,199 sq ft*
Approx ground floor foot plate: 3,526 sq ft*
Rateable Value: £31,500
Unconditional offers invited for our clients unencumbered interest

Freehold Pub For Sale In Redcar, Cleveland