Grade 4 Listed Guest House Located on Cleveland Road with Development Potential
The Thalatta is a registered Guest House, located on Cleveland Road. The property is currently rented out with the tenancy ending in 2026, the current passing rent is £40,500 per annum.
The property is arranged over three floors and currently has 16 guest rooms, all of which are doubles or triples. On the ground floor the property also offers a restaurant, kitchen, laundry room, covered yard and 1 staff room ensuite. Access available to the rear of the property from a private lane.
Planning in principle approval Ref: PP20010179 from 2001 which has now lapsed, for 8 units : 6 x 1 bedroom apartments (including a caretakers apartment), 1 x 2 bedroom apartments and with the benefit of also creating 5 new parking spaces.
Internal Photos to follow.
