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SOLD STC

24 Alexandra Road, Blackpool, FY1 6BU

£65,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
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SECTOR

18 bedroom hotel for sale

Description

A substantial semi detached leasehold hotel located in a popular holiday area immediately off the promenade at South Shore between Central and South Pier. 18 comfortable en suite letting bedrooms all with TV's, tea & coffee making facilities and central heating. Spacious public areas include bar lounge and games room with separate dining room and 2 private bedrooms and a bathroom in the basement. Additional owners accommodation is provide by a totally self contained two storey coach house building to the rear courtyard comprising of a large open plan lounge diner and kitchen with 3 bedrooms to the first floor plus bathroom and separate shower and wc. Parking for approx 8 cars to the courtyard accessed via a secure gated arch. Presently operated on room only providing excellent scope to expand to B&B if required. New Full Repairing and Insuring lease available from the landlord rent £25,000 per annum.

LOCATION
On the northerly frontage of Alexandra Road at South Shore immediately off the Promenade between Central & South Piers and convenient for all attractions.

LOWER GROUND FLOOR
2 private bedrooms, Bathroom

GROUND FLOOR
Large entrance hall with feature fire place and dark wood panelling; Bar lounge with corner bar counter upholstered seating through to games room area; Dining Room; Kitchen; Utility.

FIRST FLOOR
9 en suite letting bedrooms (3 family, 2 double, 2 single, 1 family, 1 single with toilet only).

SECOND FLOOR
9 En suite letting bedrooms (2 family, 5 double, 1 twin, 1 double toilet only en suite).

EXTERIOR
Parking for approx 8 cars.
Seperate coach house building providing excellent owners accommodation comprising;
Ground Floor: Spacious open plan lounge diner kitchen, shower and wc.
First Floor: 3 Double bedrooms; Bathroom with bath wc and wash hand basin.

BUSINESS
Operating on a room only basis by choice the vendors confirm the turnover to be in the region of £75,000. Potential to substantially increase if traded on a B&B basis.

SERVICES
All mains services, gas central heating, Separate heating system to owners accommodation. Landlord has completed rewiring and roof replacement since 2020.

TENURE
New optional 7 or 10 year Full Repairing and Insuring lease available from the landlord at a commencing rent of £25,000 per annum payable quarterly in advance. 2 year rent reviews. may consider sale of the Freehold.

24 Alexandra Road, Blackpool, FY1 6BU

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool South Station0.3 miles
  • Blackpool Pleasure Beach Station0.9 miles
  • Blackpool North Station1.4 miles

About Kays Peake Properties Ltd, Blackpool

227-229 Church Street, Blackpool, FY1 3PB

Established in 1948 KAYS Commercial Estate Agents have been selling businesses and hotels across the Fylde coast, Blackpool and the surrounding areas of Lytham, St Annes, Thornton Cleveleys, Fleetwood, Kirkham, Garstang and Preston.

As business transfer agents we specialise in the sale and leasing of hotels, guest houses, bed & Breakfast accommodation, cafes, restaurants, retail businesses, self-catering holiday apartments, care businesses together with commercial premises including shops, warehouses, offices and industrial premises.

KAYS have a wide range of experience and expertise in dealing with residential, commercial and mixed use investment properties in Blackpool and the surrounding area. Within our business and hotels for sale we offer a full management service for landlords from acquisition, disposal, management and maintenance with the aim of maximizing yields and investment returns.

Whether you are looking to buy a business or premises for your own use, a first time investor or a landlord looking to add to your existing portfolio KAYS can offer you a friendly, professional, effective and efficient service.

KAYS also provides a full residential and commercial management service within Blackpool and further surrounding areas. The ultimate goal is to maximise the value of the asset through effective property management strategies which will maximise the long term value of the property. By listening to our clients and their tenants we ensure that we are continually evolving and improving our service.

Meet the team: https://www.kaysestates.co.uk/our-team/

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Disclaimer - Property reference 011151. 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 Kays Peake Properties Ltd, Blackpool. 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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