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Blackpool - Bed & Breakfast For Sale

Blackpool, Lancashire
Asking Price:
£129,000
Turnover:
£40,000
Net Profit:
Available on request

Established Since 2016
Annual Turnover £40,000
Gross Profit 87%
5 Letting Rooms
0.3 Miles Of Blackpool Tower
EPC - C

REF 5820 – Freehold Bed & Breakfast

Blacks Brokers are proud to bring to the market this freehold bed & breakfast business located in the much sought-after area of Blackpool, Lancashire.

INTRODUCTION

Ash Lea Hotel has been trading here on Lord Street, in central Blackpool for many years. During the businesses impressive and long trading history, it has gained a large and diverse customer base and offers comfortable home from home accommodation close to many popular tourist attractions in the heart of Blackpool.

LOCATION

Located on Lord Street, the business is only 0.3 miles from Blackpool Tower. This area is busy all year round, with the areas famous Illuminations bringing winter trade and the beach, piers, Pleasure Beach and arcades open all year round. The area is well linked by the M55 and is densely populated with residential properties in addition to many other local businesses and shops.

REASON FOR SALE

Ash Lea Hotel is only being offered for sale due to our clients change of personal circumstance.

BUILDING LAYOUT AND DESIGN

Ash Lea Hotel is housed within a large, single fronted, three story property with branding displayed on signage and window displays. There is a small, enclosed yard area with seating to the front of the business. Inside, the hotel is very nicely presented and welcoming with two large, family rooms and three standard, double rooms. All rooms are finished to a high standard with ensuite, modern décor, TV and comfortable seating.
Additionally, there is a relaxing and well-presented guests lounger area as well as a kitchen area, reception and small bar.

The owner’s accommodation is positioned within the ground floor of the property, comprising of one large, double bedroom, kitchen, bathroom and lounge. Again, as with all areas, this is well presented with good quality fixtures and fittings which have been well maintained with great attention to detail.

STAFF

Ash Lea Hotel is currently run by family only with no additional staff in employment.

FINANCIAL DETAILS

Financial details are available upon a viewing of the business and Ash Lea Hotel has traded solidly over it’s long and impressive trading history. The business generates an annual turnover of £40,000 with gross profits of 87%. There are zero rates payable for this property.

SUMMARY

This is a rare and exciting opportunity for a new owner to acquire a well-known and long-standing B&B business in the centre of Blackpool. The area is much sought after and the trading position of this property is superb. The business has a large customer base as well as attracting many new customers year on year. There is plenty of scope for expansion with the addition of a strong online and social media presence to boost bookings during rare quiet periods. The current owners are semi-retired so a new owner could push this business even further and maximize its potential. Early viewings area essential and are welcomed by appointment only.

Property information

Property:

Freehold

Business Operation

Trading hours:

24/7 - 365 Days a Year

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