Newcomen Terrace, Redcar, TS10 1DB

An exceptional investment opportunity to acquire Glenholme House, a successful block of six self-contained apartments prominently positioned on Redcar's sought-after seafront. The property comprises a mix of well-appointed one and two-bedroom apartments, all currently operating as established self-catering accommodation catering to contractors, corporate guests and short-term visitors. The business benefits from a proven trading history and strong demand generated by the area's ongoing industrial, renewable energy and infrastructure sectors. The property has also been run as a successful holiday let. Occupying a prime position on Newcomen Terrace, Glenholme House enjoys uninterrupted coastal surroundings and is just a short walk from Redcar town centre, offering convenient access to shops, restaurants, transport links and local amenities. The apartments provide flexible accommodation suitable for a range of occupier types, creating multiple income streams and offering continued potential for growth. The property's unique seafront setting, combined with its proximity to major employers and excellent transport connections, makes it a highly attractive proposition for investors seeking a turnkey hospitality or serviced accommodation asset. Mains Utilities Gas Central Heating Mains Sewerage No Known Flooding Risk No Known Legal Obligations Standard Broadband & Mobile Signal No Known Rights of Way Tenure: Freehold Council Tax Band: RCBC Business Rates

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