High Street, Loftus, Saltburn-by-the-Sea, North Yorkshire, TS13 4HW

Being sold via Secure Sale online bidding. Terms and Conditions apply.

A substantial and highly versatile former assisted living facility arranged over three floors, prominently positioned in the heart of Loftus town centre. This impressive period property extends to approximately 9 bedrooms, complemented by a range of well-proportioned communal and ancillary spaces, including a generous living room, dining room, office, and a large kitchen suitable for commercial or multi-occupancy use.

The accommodation is further enhanced by multiple WCs and shower rooms across all levels, together with a dedicated laundry room and ample storage throughout, creating a practical and adaptable layout ideally suited to continued care provision or alternative residential uses.

The scale and configuration of the property present an excellent opportunity for investors or developers seeking conversion to a House in Multiple Occupation (HMO), supported living scheme, or residential apartments, subject to the necessary consents.

Benefiting from a central location, the property enjoys convenient access to local amenities and transport links, making it well placed to meet strong and ongoing demand within the area

In addition, the property offers a prime High Street presence, providing approximately 301 sq m (3,240 sq ft) of internal space. Its prominent position ensures excellent visibility, with easy access from the Market Place and close proximity to a range of shops, cafés, and local services.

Historic planning applications indicate a positive approach to alternative uses, and with ongoing regeneration initiatives in Loftus, together with strong transport links to Whitby, Middlesbrough, and surrounding areas, the property is ideally positioned within a location showing clear potential for growth.

Location;

The property occupies a prominent position within Loftus, a coastal market town serving the surrounding residential population. Its position directly opposite a public car park enhances accessibility and convenience, while nearby occupiers include a mix of local retailers, service providers, and residential accommodation. The town benefits from connectivity to Saltburn-by-the-Sea and Middlesbrough, supporting demand for both residential and commercial uses.

Description

A substantial and highly versatile former assisted living facility arranged over three
floors, prominently positioned in the heart of Loftus town centre. This impressive
period property extends to approximately 9 bedrooms, complemented by a range of
well-proportioned communal and ancillary spaces, including a generous living room,
dining room, office, and a large kitchen suitable for commercial or multi-occupancy
use.

Location

The property occupies a prominent position within Loftus, a coastal market town
serving the surrounding residential population.

Tenure

Freehold CE124802

EPC

Rating D

Additional Information

For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.