Hotel for sale

Promenade,Blackpool,FY1

£290,000

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

EXCEPTIONAL SEA FRONT HOTEL - BLACKPOOL
Situated in the coastal resort of Blackpool
Early viewing essential to fully appreciate
2 bedroom owners' accommodation
Ideal partnership opportunity
Advised annual turnover of 58,000
Scope for further development
Genuine reason for sale
FREEHOLD


Location

This outstanding 15 en-suite guest bedroom hotel is located directly on the South Shore promenade in Blackpool providing superb sea views and wonderful opportunities for passing trade. It is surrounded by a wealth of complimentary businesses and is in a prime location to take advantage of Blackpool's many facilities. Blackpool has long been known as a popular tourist destination since Victorian times and is world renowned for its tourist attractions including The Golden Mile, The Pleasure Beach and The Blackpool Tower. Blackpool is easily reached and has superb road and rail links with the M55 motorway within a short drive, this provides access to the M6 motorway, making the nearby cities of Preston and Manchester easily accessible. The Lake District National Park and all of its attractions are also within a short car drive.


Business History

Meridian Business Sales are delighted to offer for sale this superb hotel which has been established since 1897 and has been in the careful hands of our clients since 2001. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. 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 58,000 which is derived from offering 15 well presented letting rooms, providing welcoming bed & breakfast services to all who wish to visit. The business benefits from having new roofing in summer 2015, which is guaranteed for 10 years. 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: 58,000pa
Stock approximately: 2,500


Tenure

We are advised freehold


Opening Hours

Trades throughout the year


Accommodation

Well presented 4 storey sea front property, briefly comprising:

GROUND FLOOR
Secure entrance leading to

Lounge with fitted bar servery and seating for 20+ covers and pool room, dining area with tables and chairs for 32 covers & fully fitted kitchen.

BASEMENT
Owners' Accommodation, large lounge, bathroom, 1 double bedroom & 1 single bedroom.

FIRST FLOOR
Bedroom 1 - Double room with sea view and en-suite
Bedroom 2 - Double executive suite with en-suite
Bedroom 3 - Family room with en-suite
Bedroom 4 - Triple room with en-suite
Bedroom 5 - Double room with en-suite
Bedroom 6 - Double room with en-suite
Bedroom 7 - Triple room with en-suite

SECOND FLOOR
Bedroom 8 - Double room with en-suite
Bedroom 9 - Double room with en-suite
Bedroom 10 - Double room with en-suite
Bedroom 11 - Double room with en-suite
Bedroom 12 - Triple room with en-suite

THIRD FLOOR
Bedroom 14 - Family room with en-suite
Bedroom 15 - Family room with en-suite
Bedroom 16 - Family room with en-suite

EXTERNAL
Front parking for 9 vehicles
Rear yard with electric shutter exit/entrance

All flat roofs have been replaced and they all have a 10 year guarantee

Nearest stations

  • Blackpool South (0.3 mi)
  • Blackpool Pleasure Beach (0.9 mi)
  • Blackpool North (1.4 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 South (0.3 mi)
  • Blackpool Pleasure Beach (0.9 mi)
  • Blackpool North (1.4 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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