Property Summary

The Alma Inn, located at 1 Alma Parade, Scarborough, is one of the town's oldest public houses offering a unique investment and redevelopment opportunity. The ground floor and cellar are currently let on a lease generating £9,600 per annum, with a 5% rent increase due in December 2026. The three upper floors, comprising five bedrooms, are vacant and require refurbishment, presenting potential for conversion into letting rooms or alternative accommodation. Situated close to Scarborough railway station and key town centre amenities, the property benefits from a prominent location within a popular coastal resort. The large cellar is suitable for a microbrewery, adding further versatility to the site. The freehold includes vacant possession of the upper floors, while the ground floor remains subject to the existing lease.