Property Information
Address:
Central Drive, Blackpool, Lancashire
, FY1 5QB
, Lancashire
, United Kingdom
Price: Property no longer available.
Size: SOA
Primary Category: Leisure
All Categories:
Leisure, Businesses For Sale,
Property Ref/Movehut: MH393551
Property Ref/Agent: 31 Bedroom Hotel, Central Drive, Blackpool, Lancashire, FY1 5QB
*Please use the agent ref when calling the agent directly.
Property description
Urban Locks Business Sales are delighted to offer for sale this delightful 31 bedroom, Licensed Hotel in the heart of Blackpool, Lancashire.
LEASEHOLD £39,950 OR FREEHOLD £295,000
AREA
The Hotel is superbly situated at the heart of Blackpool's vibrant Town Centre, opposite the famous Bonny Street Market. Close to all major attractions including the shopping centre, Promenade, Tower and the vast array of Bars and Entertainment on offer.
THE PROPERTY
This spacious double fronted property offers 31 guest bedrooms (25 En-suite), 2 bed private accommodation, Guest lounge and Bar over five floors. With a lift to all floors and car parking for three vehicles, the Hotel also offers TV's in most of the bedrooms. The Hotel is Gas Central heated and Double Glazed.
THE BUSINESS
This spacious Hotel has been run by the current owner since 2012, and is now being offered to the market due to health and retirement. The Hotel currently targets two different audiences. During the week, they currently attract families and couples for a quiet, relaxing break, and weekends are aimed specifically towards group bookings, including Stag & Hen, Birthdays, Re-unions & Engagements. With a Licensed Bar for residents until 1:00am, the hotel can cater for 84 guests, & many guests re-visit the hotel throughout the year. The current owners offer Bed only or Bed & Breakfast, but there is huge scope to also offer an evening meal service. There is a manager and 6 members of staff currently in place.
ACCOMMODATION
LOWER GROUND FLOOR
The Lower Ground floor Houses the fitted Kitchen & Preparation area
GROUND FLOOR
The ground floor consists of a spacious reception area & office, Guest lounge with seating & Pool table, Retro style Bar Lounge, 2x w/c's and the Laundry Room.
OWNERS ACCOMMODATION
Lounge, Master Bedroom (En-suite), Double Bedroom & Bathroom with 3 piece bathroom Suite.
FIRST FLOOR
The first Floor consists of 6 En-suite Family Bedrooms, 1 Double Bedroom, 4 Twin Bedrooms (3 En-Suites) and a shower & Toilet
SECOND FLOOR
6 En-suite Family Bedrooms, 4 Twin Bedrooms (2 En-suite) and a Shower & Toilet.
THIRD FLOOR
8 En-suite Family bedrooms, 2 Double Bedrooms and a Shower and Toilet
FREEHOLD / LEASEHOLD
The Hotel is being offered for sale either as a Leasehold or a Freehold. The Leasehold option is being offered with a flexible lease, at a figure of £30,000 per year. Vendor incentives may be available.
TURN OVER
We have been advised that the current turn over is approximately £130,000 per year.
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