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Established Hotel In Blackpool For Sale

Blackpool, Lancashire
Asking Price:
£260,000
Turnover:
£65,000
Net Profit:
Available on request

POPULAR AND ESTABLISHED HOTEL - LANCASHIRE
Situated in the coastal resort of Blackpool
Early viewing essential to fully appreciate
1 bedroom owners' accommodation
Advised annual turnover of £65,000
Scope for further development
10 en-suite letting rooms
Genuine reason for sale
FREEHOLD

Business History

We are delighted to offer for sale this superb hotel which has been established since the 1930's and has been in the careful hands of our clients for the last 7 years. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since our clients took ownership of the business they have invested time and money in the business and premises to the point where it is in full walk in condition. They have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £65,000 which is derived from offering welcoming letting rooms to all who wish to visit as well as complimentary breakfasts. The hotel is extremely popular due to its location in the business district and its forward bookings run well into 2014. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.

Property information

Property:

Freehold

Location:

This 13 bedroom hotel is ideally located in the heart of Blackpool, this thriving town has seen much regeneration in recent years. It is one of the most popular holiday locations for people wishing to stay in the UK, and has seen a growth in tourism in the last few years. Situated just a five minute walk from Blackpool town centre, Blackpool Tower and British Rail the hotel is ideally situated to enjoy the shopping and sightseeing, or nightlife and entertainment that Blackpool is famous for. Blackpool is reached easily and has superb road and rail links, the M55 motorway is within a short drive providing access to the nearby M6 motorway providing excellent links to the larger local cities of Preston and Manchester.

Premises Details:

Well presented 4 storey property, with new flooring throughout, briefly comprising:

GROUND FLOOR

Secure entrance leading to
Reception/welcoming area
Restaurant with french antique tables & chairs for approximately
28 covers
Lounge area
Bar with fitted bar servery
Fully fitted kitchen
Storage areas
Toilet facilities

13x Guest letting rooms 12 of which are en-suite
A range of twin, double and family rooms

OWNER'S ACCOMMODATION
Double bedroom
Lounge
Kitchen
Bathroom

FIRST FLOOR
1 x double rooms
3 x family rooms
SECOND FLOOR
Jacuzzi suit with massage bath and TV in the bathroom
3 x double rooms
2 x family room (sleep 5)

BASEMENT
2 x Private Rooms or 1x Letting Room

EXTERNAL
Paved yard
Parking for 2 vehicles
Parking available

Business Operation

Trading hours:

Hours to suit

Contact Information

    1. Your Address

    2. Optional
  1. Optional
  1. What will I happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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