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Palatine Road, Blackpool, Lancashire, FY1

Guide Price
£220,000

Business rates & charges may apply

Kenricks Commercial Estate Agents, Blackpool
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SECTOR

4 bedroom hospitality facility for sale

Key features

  • 3 x Serviced Self-Contained Boutique Holiday Apartments
  • Central Blackpool
  • Close to Winter Gardens, Town Centre and New Redevelopment Area
  • Excellent All Year-Round Trading Location
  • Recently Refurbished to an Exceptional Standard Throughout
  • Turnkey Investment
  • Viewing Highly Recommended

Description

* 3 Serviced Self-Contained Boutique Holiday
Apartments
* Central Blackpool
* Close to Winter Gardens, Town Centre and 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 are delighted to offer these 3 Serviced Self-Contained Boutique Holiday Apartments for sale.

This substantial 3-storey property is situated in the popular all year-round trading location of Palatine Road, in Central Blackpool being close to entertainment, the new redevelopment centre 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 turnkey 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 Highly Recommended.

Ground Floor
Main Entrance leading to Communal Hallway.

Apartment 1 (Approx: 603 sq ft)
Lounge with Feature Fireplace.
Hallway leading to:
Fitted Kitchen and Dining Room.
Bathroom comprising of 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 / Dining Room.
Bathroom comprising 3-Piece suite with Shower over Bath.
Master Bedroom.
Separate Office / Dressing Room.



Apartment 3 (Approx: 624 sq ft)
Internal Staircase leading to Second Floor.
Open Plan Lounge / Diner / Fitted Kitchen.
Bathroom comprising of 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.
Sale subject to the fees, terms and conditions of Pattinson Auctions.

BUSINESS: Accounts on Application.

TENURE: Freehold.

PRICE IS A STARTING BID

VIEWING: By appointment through Kenricks .

Palatine Road, Blackpool, Lancashire, FY1

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool North Station0.6 miles
  • Blackpool South Station1.0 miles
  • Layton Station1.7 miles

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 00F110M. 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 Kenricks Commercial Estate Agents, Blackpool. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Kenricks Commercial Estate Agents, Blackpool on 01253 835721.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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