Guest House for sale

Reads Avenue,Blackpool,FY1

£250,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold



20 BEDROOM GUEST HOUSE - LANCASHIRE
Long established and highly reputed business
Early viewing essential to fully appreciate
Situated in the tourist town of Blackpool
1 bedroom owners' accommodation
Ideal partnership opportunity
Advised annual turnover of 55,000
Scope for further development
Genuine reason for sale
19 letting rooms
FREEHOLD


Location

This superb bed & breakfast is located in a main road position just outside the town centre of Blackpool in Lancashire. It enjoys a wonderful trading location and is ideally situated within a short leisurely walk of some of the towns most famous attractions including The Winter Gardens, The Blackpool Tower and also The Promenade. It is surrounded by a wealth of complimentary businesses providing ample 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 and the world famous illuminations. 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, The Lake District and all of its attractions are also within a short drive.


Business History

Meridian Business Sales are delighted to offer for sale this 20 bedroom guest house which has been established since 1987 and has been in the careful hands of our clients since 2007. Our clients are reluctantly offering the business to the market due to unfortunate ill health. 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 55,000 which is derived from offering welcoming bed & breakfast services to all who wish to visit. The hotel is extremely popular due to its' location in the business district and its forward bookings run well into 2013. This business would ideally suit a husband and wife or partnership and could afford a good standard of living. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this calibre rarely stay on the market for long.


Financial Profile

Turnover: 55,000pa
Gross profit: 46,750pa



Tenure

We are advised freehold


Opening Hours

Hours to suit


Accommodation

Well presented 3 storey property, briefly comprising:

GROUND FLOOR
Secure entrance leading to

Lounge with pool room and bar

Dining room for approximately 24 covers

Fully fitted kitchen


Owners' Accommodation
Double bedroom
Kitchen
Lounge
Bathroom

FIRST FLOOR
Guest Accommodation
1x single bedroom with en-suite
1x twin bedroom with e-suite
4x double bedrooms with en-suites
4x family bedrooms with en-suites

SECOND FLOOR
Guest Accommodation
1x twin bedroom with en-suite
5x double bedrooms with en-suites
3x family bedrooms with en-suites
Bathroom

EXTERNAL
4 parking spaces to the front and 2 parking spaces to the rear

Nearest stations

  • Blackpool North (0.6 mi)
  • Blackpool South (1.0 mi)
  • Layton (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 (0.6 mi)
  • Blackpool South (1.0 mi)
  • Layton (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.

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