Hotel for sale

The Parisienne Hotel, 242 Promenade, Blackpool, England, FY1 1RZ

£695,000

Property Description

Commercial information

  • Business for sale

Key features

  • Prominent seafront hotel
  • 65 en suite bedrooms. Bar (60)
  • Restaurant (90). function room (100)
  • Additional (closed) Italian restaurant (60)
  • YE Mar 17 T/O 278,691. ANP c.48,800
  • Energy Rating C

Full description

Tenure: Freehold

Description

A traditional property with rendered elevations arranged over five/six floors.

Location

Situated close to the north pier in the coastal resort of Blackpool 50 miles north of Manchester and 15 miles west of Preston. Blackpool is a major tourist destination with shopping facilities, bars, restaurants and attractions, including the Blackpool Tower, Winter Gardens and the Pleasure Beach Resort. The area is also well served by road, rail and airport links.

Internal Details

Reception, bar, restaurant, lounge bar (60), Deja vu restaurant (90), Moulin Rouge Suite (function/cabaret bar) (100), former Italian restaurant - self contained with independent front access, kitchen, ladies/gentlemans toilets and two passenger lifts.

Other Floors

Fully fitted commercial catering kitchen with wash up area.

Fixtures & Fittings

We understand that all trade fixtures and fittings are owned outright.

Letting Accommodation

65 en suite bedrooms comprising: 35 double, 12 family, nine twin and nine single. All have colour TVs, direct dial telephone and hospitality tray including tea/coffee making facilities.

The Opportunity

A well established business trading as a traditional coastal holiday hotel we are advised that c.60 coach parties use the hotel each year. There is an opportunity to grow the business by adding two bedrooms and reopening the Italian restaurant or indeed perhaps letting this out to another operator.

Staff

We are advised that the hotel is run by a full complement of full and part time staff.

Trading Information

Year end March 2017 accounts show a net turnover of £278,691 with an adjusted net profit of c.£48,800. Full trading information will be made available to seriously interested parties.

Business Rates

The rateable value is £61,500 for the year commencing April 2017.

Regulatory

The property has a Premises Licence granted by the relevant local authority. It is a requirement of the Licensing Act 2003 that properties serving alcohol have a designated premises supervisor who must be the holder of a Personal License. Prospective purchasers are advised to take appropriate specialist advice.


More information from this agent

Nearest stations

  • Blackpool North (0.3 mi)
  • Layton (1.3 mi)
  • Blackpool South (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Manchester

Acresfield St Ann's Square Manchester, M2 7HA

0161 468 3952 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Blackpool North (0.3 mi)
  • Layton (1.3 mi)
  • Blackpool South (1.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christie & Co , Manchester

Acresfield St Ann's Square Manchester, M2 7HA

0161 468 3952 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 5646403-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co , Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

* This is the maximum possible speed. Broadband speed may be lower at peak times and can be affected by a range of technical and environmental factors. The speed you receive where you live may be lower than that listed above. Fibre/cable services at your postcode are subject to availability. You can confirm availability on the provider's website. The information is provided and maintained by comparethemarket.com

Map data OpenStreetMap contributors.