16 bedroom guest house for sale

Lancashire

£250,000

Property Description

Full description

Tenure: Freehold

SUPERB PRIVATE HOTEL SITUATED IN LANCASHIRE
Excellent trading location in Blackpool's North Shore area
Formerly 2 hotels converted into 1 substantial property
New double glazing so is now 85% double glazed
Advised turnover 60,000 with good gross profits
Fabulous 16 all en-suite letting rooms property
Early viewing is essential to fully appreciate
3 bedroom private owners' accommodation
Reason for sale - Genuine retirement sales
Enviable reputation built up over 25 years
2 minutes leisurely walk from the seafront
Business has recently been refurbished
Scope for further development
FREEHOLD

Location

This superb hotel is located within 2 minutes leisurely walk of the seafront and is positioned just off the main A584 coast road in Blackpool. It is surrounded by complimentary businesses providing outstanding opportunities for passing trade. Blackpool has long been known as a popular tourist destination since Victorian times and is world renowned for its popular tourist attractions including The Golden Mile, The Pleasure Beach, The Blackpool Tower plus the world famous illuminations extending the season to mid November. The town is enjoying a great revival with substantial investment. Blackpool is reached easily and has excellent road and rail links, the M55 motorway is within a short drive providing access to the nearby M6 motorway providing excellent links to the larger local cities of Preston and Manchester. The Lake District National Park and all of its attractions is also within a short car drive.

Business History

Meridian Business Sales are delighted to offer to the market this outstanding hotel that has been established for over 60 years and has been in the careful hands of our clients for the previous 25 years. It is only now being offered to the market due to our clients desire to take a well deserved retirement and relocate abroad. Since owning the business our clients have invested heavily in the property year on year including the latest fire systems and security systems, a new roof and full electrical rewire to the point where it is in full walk-in and trade condition for any prospective purchaser. We are advised of an annual turnover of 60,000 plus with good gross profits which is derived from the letting of rooms, bar sales from the fully licensed bar and evening meal service upon request. Our clients have an outstanding reputation which has been established over a of a century and enjoy high levels of repeat business and regular guests. The business enjoys a superb location in the North Shore area and also sees a large number of passing trade. The business is now run at a pace to suit our client's lifestyle providing great scope for an increase in turnover for any new owner. Presently the business refuses to host stag and hen parties and is not affiliated to any external booking agents providing new potential income streams. The property, due to its size would also lend itself as an ideal venue for functions of all occasions. This is a rare opportunity to purchase a true 'turnkey' opportunity in a fantastic trading location with a fabulous reputation and as such early viewing comes highly recommended as businesses of this calibre rarely stay on the market for long.

Financial Profile

Turnover: 60,000pa
Stock approximately: 2,000

Tenure

We are advised freehold

Opening Hours

Trades all year round

Accommodation

This superb double fronted hotel which was formerly 2 properties which has now been converted into 1 substantial 16 letting room hotel, all letting rooms boast en-suite facilities. There is also excellent 3 bedroom owners' private accommodation, briefly comprising:

GROUND FLOOR
Secure entrance to large open plan reception area with front desk for guests.
Right of reception lies the residents' bar, fully licensed with 43 person capacity, fixed and additional seating.

Pool table and games area.

Residents' lounge, beautifully presented with feature fireplace.

Access from main reception to 44 covers dining area.

Further access from dining area to large fully functional and highly equipped kitchen area.

Owners' private lounge which provides access to rear of residents bar and additional access point to main reception.
Private owners' double bedroom with en-suite and 1 x single bedroom with en-suite.

Stairway from main reception leads to residents' accommodation.

FIRST FLOOR
2 x Single bedrooms with en-suite and separate toilets
2 x Double bedrooms with en-suite
4 x Family sized rooms with en-suite
Twin staircases lead to second floor

SECOND FLOOR
1 x Single room with en-suite
1 x Twin room with en-suite
3 x Double rooms with en-suite
3 x Family rooms with en-suite
EXTERNAL
Rear yard provides access to 1 bedroom private chalet with en-suite.

Private parking for up to 8 vehicles.
Secure storage outhouse.



Listing History

Added on Rightmove:
19 January 2011

Nearest stations

  • Blackpool North (0.7 mi)
  • Layton (1.0 mi)
  • Blackpool South (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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.

Street View

Nearest stations

  • Blackpool North (0.7 mi)
  • Layton (1.0 mi)
  • Blackpool South (2.3 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 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.

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