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7 bedroom guest house for sale

Cocker Street,Blackpool,FY1

£199,950

Property Description

Commercial information

  • Business for sale

Full description

Tenure: Freehold

6 BEDROOM GUEST HOUSE - LANCASHIRE
Situated in the seaside resort of Blackpool
Early viewing essential to fully appreciate
Well appointed & presented throughout
1 bedroom owners' accommodation
Winners of 'Travellers Choice 2013'
Advised annual turnover of 60,000
Scope for further development
Ideal partnership opportunity
Leasehold option available
Genuine reason for sale
FREEHOLD


Location

This established guest house 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 for sale this superb guest house which has been established for over a century and has been in the careful hands of our clients since 2005. The only reason this superb opportunity is being offered to the market is to our clients desire to relocate. 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 60,000 which is derived from offering welcoming bed and breakfast services with the addition of evening meals 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 2013/2014. 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 this superb business is not to be missed.


Financial Profile

Turnover: 60,000pa
Gross Profit: 69%


Tenure

We are advised freehold
Leasehold option available for 35,000
Rent: 9,000pa


Opening Hours

Trades all year round


Accommodation

Well presented 3 storey property, briefly comprising:

GROUND FLOOR
Secure entrance leading to:
Reception/welcoming area
Bar and lounge with seating area
Dining room with ample tables and chairs for approximately 12 covers
Fully fitted kitchen

Owners' Accommodation
Lounge with office space
Double bedroom
Shower room
Storage area

FIRST FLOOR
3x guest letting rooms (double) with en-suites
2x storage rooms

SECOND FLOOR
3x guest letting rooms (double) with en-suites
2x storage rooms

EXTERNAL
Well maintained garden area to the front
Rear parking


Map & Street View

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