Hotel for sale

Lord Street,Blackpool,FY1

0 sq. ft. | £189,950

Property Description

Full description

FREEHOLD 12 LETTING ROOM HOTEL - LANCASHIRE
Superb trading location less than 5 minutes from town centre & promenade
Situated in the bustling area of Blackpool, Lancashire
High levels of repeat & regular trade
12 bedroom hotel 10 en-suite rooms
Advised annual turnover of 45,000
New installed electrical system
Scope for further development
Genuine reason for sale
FREEHOLD


Location

This 12 bedroom hotel is ideally located in the heart of Blackpool, this thriving town has seen much regeneration in recent years. It is one of the most popular holiday locations for people wishing to stay in the UK, and has seen a growth in tourism in the last few years. Situated just a five minute walk from Blackpool town centre, Blackpool Tower and British Rail the hotel is ideally situated to enjoy the shopping and sightseeing, or nightlife and entertainment that Blackpool is famous for. Blackpool is reached easily and has superb 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.


Business History

Meridian Business Sales are delighted to offer to the market this superb hotel/guest house which has been established for over 30 years and has been in the careful hands of our clients for the last 6 years. Our clients are reluctantly offering the business to the market due to their desire to concentrate on other business interests. Since our clients took ownership of the business they have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at 45,000 which is derived from offering welcoming bed & breakfast facilities to all who wish to visit. Presently the business employs only very limited advertising and would almost certainly benefit from a more aggressive marketing strategy. This is a wonderful opportunity for a couple starting out in the hospitality industry looking to purchase a guest house in a prime location in one of the nations most popular tourist resorts. As such, early viewing is strongly recommended as this business has been priced to facilitate a speedy sale.


Financial Profile

Turnover: 45,000pa
Stock approximately: 500


Tenure

We are advised freehold


Opening Hours

Trades all year round


Accommodation

Well presented 5 storey property, briefly comprising:

GROUND FLOOR
Secure entrance leading to:

Reception/welcoming area
Large lounge with bar area
2x dining rooms for 18 covers
Fully fitted kitchen
Laundry room
Access to:

BASEMENT
Owners' Accommodation
Single bedroom
Lounge
Bathroom

FIRST FLOOR
1x single bedroom
2x twin bedrooms with en-suites
2x double bedrooms with en-suites
Toilet with wash basin

SECOND FLOOR
1x single bedroom
4x double bedrooms with en-suites
Shower room

THIRD FLOOR
1x double bedroom with en-suite
1x family bedroom with en-suite
Access to attic space

EXTERNAL
Parking to the rear and WC
Small paved garden to the front


Nearest stations

  • Blackpool North (0.1 mi)
  • Layton (1.2 mi)
  • Blackpool South (1.7 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.

Map & Street View

Nearest stations

  • Blackpool North (0.1 mi)
  • Layton (1.2 mi)
  • Blackpool South (1.7 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.

Disclaimer - Property reference 2950. 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 Meridian Business Sales Ltd, Bolton. 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.

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