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Modern Hotel With Entertainment And Alcohol Licence For Sale

Blackpool, Lancashire
Asking Price:
£255,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Under £50K

12 Bedroom hotel for sale. Coming soon in walking distance to this Hotel. New Conference Centre, New additional tram connection to Rail Station, New additional shopping experience, New Museum, and already arrived a new direct rail line to London.

Substantial and well-maintained four storey end-terrace property with 12 recently decorated en-suite bedrooms, bar, dining room and public reception room: prominent corner position. Located to the north of the town centre and only a few yards from the promenade overlooking the North Pier.
The hotel is in good order and well maintained.

Property Description
Location: Central, North Town Centre, adjacent to Promenade, five minutes to Rail Station and all Town Centre amenities.
Tenure: Freehold
Premises Details:
Ground Floor
Reception hall and desk, stairs to first floor
Large Reception room with sun-room to front area.
Bar with custom built seating and fittings [incoming owner responsible for licences on completion]
Dining area catering for over 30 guests
All ground floor public areas with High-gloss walnut flooring.
Newly decorated hall/ stairs with new Brinton fitted carpet.

First and second floors
Twelve en-suite rooms, recently decorated and equipped with new king size or full single beds and furniture.
Top-floor loft room with new skylight/ useful for storage or utilisation.
Double-glazed throughout with french-feature windows to ground floor.
Central heating throughout recently and Worcester Greenstar CD Boiler [large capacity]

Owners Property information
Freehold Title Absolute [there are no loans/ finance charges outstanding or against this property]
Living Accommodation:
Self-contained owners’ accommodation: three bedrooms, lounge, office and bathroom. Recently updated and high quality fitted carpet throughout. Full central heating.

If interested please contact the seller through the form on this page.

Property information

Property:

Freehold

Living Accommodation:

3 bedroom spacious self contained owners apartment with lounge, bathroom/bath/shower and office plus additional cellar. Scope for extension to utilise larger areas if required or leave current configuration. Carpets and finishes to a high standard. Fully furnished and gas,electric, water, managed via smart/modern meters. The carpets throughout this are are high end quality carpets with fitting by the most experienced fitters in the North West

Location:

Excellent trading area to the North of the town centre and overlooking the sea. A host of new developments planned for 2018/2019 investment in Blackpool has never been stronger

Premises Details:

A large premises very bright and good sea views. A dining room and bedrooms with large windows to allow ample light. South facing and a patio to relax in. 12 bedrooms with modern fittings and fixtures.
The dining room is bright with unusually large feature windows allowing ample light and the bar and adjoining area allow guests space to relax during the day and on an evening.
Extensive owner's accommodation. Modern and functional fully re=carpeted throughout.
The commercial kitchen is large functional and in good working order.
Size in square feet:
4 floors as seen on photo plus a loft area
Planning Consent: Fully installed fire alarm with detectors in all rooms and public areas combined with emergency lighting and appropriate record keeping and good management. The current owners have made substantial improvements to The Hotel. There is an electrical certificate in place and multiple/ample outlets/sockets and lighting.

Size in square feet:
4 floors as seen on photo plus a loft area
Planning Consent:

Fully installed fire alarm with detectors in all rooms and public areas combined with emergency lighting and appropriate record keeping and good management. The current owners have made substantial improvements to The Hotel. There is an electrical certificate in place and multiple/ample outlets/sockets and lighting. The hotel is up to date and in a perfect location.

Energy Performance Rating:
C  View EPC Graph for this property

Business Operation

Expansion Potential:

Subject to new owners requirements the Hotel is a very good opportunity
Current owners have business interests elsewhere in Europe and the UK and one of the owners continues as a Property Consultant established 35 years.

Competition / Market:

A number of guest houses in Blackpool no longer trade and/or are converted to residential dwellings. Recently a similar property over the road was granted planning permission for change of use from Hotel to 4 Residential high quality units.This theme continues. This Hotel as a stand alone Hotel dominates the street and sits between other commercial developments avoiding housing/hmo style dwellings. [perfect]

Reasons for selling:

Business relocation and second home.

Trading hours:

As required.

Employees:
Professional, as required.
Years established:
40 plus

Other Information

Support & training:

Contact seller

Furniture / Fixtures value:
£10,000 - included in the asking price
Inventory / Stock value:
£2,000
Website:
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Related Documents:
Home based:
This business can be run from home.

Contact Information

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  1. What will 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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