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Established Boutique Holiday Apartments In Blackpool For Sale

Blackpool, Lancashire, UK
Asking Price:
£220,000
Turnover:
Not applicable
Net Profit:
Not applicable

* 3 Serviced Self-Contained Boutique Holidays
Apartments
* Central Blackpool
* Close to Winter Gardens, Town Centerand New
Redevelopment Area
* Excellent All-Year-Round Trading Location
* Recently Refurbished to an Exceptional Standard
* Turnkey Investment
* Viewing Highly Recommended

DESCRIPTION: *For Sale by Auction* On behalf of Pattinson Auctions, Kenricks is delighted to offer these 3 serviced, Self-Contained Boutique Holiday Apartments for sale.

This substantial 3-story property is situated in the popular all-year-round trading location of Palatine Road, in Central Blackpool, close to entertainment, the new redevelopment center, and promenade.

These beautifully appointed luxury holiday apartments have recently undergone extensive refurbishment throughout and already benefit from having strong bookings.

This property is a turn-key investment. This gives you the option of having a hands-off investment that you can operate from anywhere in the world.
The business operates year-round with a policy of a minimum 2-night stay, achieving £300 per booking. Pro rata bookings on average of £45,000 per annum, with current occupancy of only 27%.
There is massive potential for growth with this business, with net returns expected to be in the region of 12–14%

These beautiful boutique holiday apartments offer a wow factor and are sold fully furnished with all appliances, furniture and future bookings included in the sale.

Viewing is highly recommended.

Ground Floor
Main Entrance leading to the Community Hallway.

Apartment 1 (approximately : 603 sq ft)
Lounge with Feature Fireplace.
Hallway leading to:
Fitted Kitchen and Dining Room.
Bathroom comprising a 3-Piece Suite
with Shower over Bath.
Family Bedroom with separate sleeping area for children.
Storage Room.
Cleaning Cupboard.

First Floor

Apartment 2 (Approx: 527 sq ft)
Hallway leading to:
Open-plan lounge, fitted kitchen, and dining room.
The bathroom comprises a 3-Piece suite with Shower over Bath.
Master Bedroom.
Separate Office and Dressing Room.

Apartment 3 (approximately : 624 sq ft)
Internal Staircase leading to the second floor.
Open-plan lounge/diner/fitted kitchen.
Bathroom comprising a 3-Piece Suite
with Shower over Bath.
Master Bedroom.
Second Bedroom.


EXTERIOR: Small Garden area to the front of the property; Yard area to the rear.

AGENTS NOTES: The property is double-glazed and has Electric Heating throughout; there is no gas on the premises.
The sale is subject to the fees, terms and conditions of Pattinson Auctions.

BUSINESS: Accounts on Application.

TENURE: Freehold.

PRICE IS A STARTING BID

Property Information

Property:

Freehold