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Development Opportunity In Blackpool For Sale

Blackpool, Lancashire, UK
Asking Price:
£1,999,950
Turnover:
Not applicable
Net Profit:
Not applicable

• Development Opportunity
• New South Promenade, Blackpool
• Previously Had Outline Planning
Permission for 88 Residential Apartments
• Excellent Location
• Overlooking the Irish Sea
• Rare Opportunity
• Viewing Highly Recommended


Description: Kenricks are delighted to offer this rare opportunity to develop this sea front site.

The site is on the prestigious South Promenade overlooking the Irish Sea and will be positioned next to the brand new Hampton By Hilton Hotel as part of the new up and coming regeneration of South Promenade, Blackpool.

The site currently comprises of 3 buildings, Waldorf Hotel, Kimberley Hotel and the Henderson Hotel which will all require demolishing before development takes place.

The development previously had planning permission for 59 x 2 Bedroom Apartments and 21 x 1 Bed Apartments and 8 x 3 Bed Duplex Apartments.


In addition to each apartment there was 88 car parking spaces including 10 disabled parking spaces, providing 1 parking space for each apartment.

We have been informed that this valuable site comes with the added advantage that Blackpool Council would look favourably on Developers wishing to bring the scheme to rapid completion; to that end they are prepared to make a Business Development Loan available subject to eligibility criteria being satisfied

Agents notes: Existing plans now expired – previous plans available on request.
Planning Application No. 17/0193.
Date of application 17th March 2017.


Tenure: freehold

price reduced**

viewing: By appointment through Kenricks.

Property Information

Property:

Freehold