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Multi Award-Winning Successful Lancashire Seafront Boutique Hotel For Sale

Bispham, Lancashire, UK
Asking Price:
£375,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
£90,000
Net Profit:
£56,000

An award-winning 10-bedroom boutique hotel:

A superb, licensed promenade hotel located in Bispham Lancashire, to the north of the popular seaside town of Blackpool, in a select and peaceful corner position overlooking the Irish Sea with views across Morecambe Bay to the Lake District.

The corner property is presented and maintained to a very high standard, offering luxury bed and breakfast accommodation. It features ten spacious and well-appointed guest bedrooms, all with sea views, spacious tiled en-suite bathrooms, king-size beds, large flat-screen smart TVs, complimentary tea and coffee-making facilities, and a free parking space. Excellent guest areas include a breakfast room and a lounge with an honesty bar. The property is equipped with solar panels and an electric car charging point.

The business has won numerous awards.

Spacious ground-floor owners' accommodation provides a large lounge diner, a double bedroom, a bathroom, and two dressing
rooms (previously a second bedroom), as well as a private garden area. This hotel must be viewed to fully appreciate the quality on offer.

Located on the sea front in Bispham, to the North of Blackpool. The sea front position is within easy walking distance of local pubs, restaurants, cafes & shops.

Ground Floor: Entrance hallway; breakfast room with individual tables for each room, comfortable guest lounge with an honesty bar. The private owners' accommodation comprises a large lounge diner, a double bedroom, two dressing rooms (previously a second
bedroom), a bathroom with a large step-in shower, wash hand basin and vanity unit, toilet, and fitted storage. Additionally, there is a kitchen, utility room, a lean-to store, and access to the rear garden.

First Floor: 3 en-suite bedrooms (2 king double's, 1 four poster king double), store and plant room (previously a 10th bedroom).

Second Floor: 4 en-suite bedrooms (4 king double's)

Third Floor: 2 en-suite bedrooms (2 king double's)

Exterior: Car parking for 9 cars. Electric car charging point. Enclosed side private garden with flower borders. A 4KW solar panel system with approx. £1k feed-in payments helps to keep energy bills down.

The business operates on a B&B basis, catering to mature couples during the main holiday season from May to October, offering scope to operate year-round if desired. The vendor confirms that turnover is approximately £90,000, just below the VAT threshold and Net Profit of £56,000. Full accounts will be made available to genuine interested parties after viewing. There is excellent potential for expansion and growth.

The business has a strong repeat customer base and excellent online reviews - 9.8 on Booking.com and 5-star ratings on TripAdvisor. The hotel's location provides greater flexibility for future development opportunities with potential for change of use to residential purposes, should it be required in the future.

Services: All mains services. Gas central heating. Electric car charging point. Solar panels providing a refund and cheaper electricity. 2 boilers. 5 Star hygiene rating. EPC Rating C.

Asking price for the business, equipment, freehold and owners' apartment: £375,000

Property Information

Property:

Freehold

Living Accommodation:

Two bed owners apartment, with large lounge (8m x 6m), kitchen, shower room, Utility room and garden.

Location:

Queens Promenade Bispham Lancashire, between Blackpool and Cleveleys. All rooms benefiting from seaviews.

Premises Details:

10 Guest rooms (ensuites) 2 bed ground floor owners accommodation with large lounge and garden. Guest Restaurant and Lounge. Car parking for ten cars.

Size in square feet:
4,500
Planning Consent:

Planning for conversion to luxury 7 bed residential family home (granted 07/26)

Energy Performance Rating:
C

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Business currently operates to the VAT threshold and thus only opens 130 days out of 365, given the all year round nature of the area, significant additional operating days would yield a significant increase in turnover and profit. The Hotel also benefits from full planning permission to convert to residential usage.

Competition / Market:

Limited direct competition in the immediate area, the Fylde coast attracts more than 20 million visitors annually.

Reasons for selling:

After 40 years in the Industry the owner is retiring.

Trading hours:

Currently trading Thursday to Monday (April to October)

Employees:
2
Years established:
1923

Other Information

Support & training:

Owners will spend a week with the buyers post sale to fully familiarise the new owners with the current operation.

Furniture / Fixtures value:
£40,000 - included in the asking price
Inventory / Stock value:
£1,000 - included in the asking price