83 Coronation Street, Blackpool, FY1 4PD

A first-class leasehold hotel located in Blackpool town centre, close to the famous Blackpool Tower and the Winter Gardens conference venue. This hotel must be viewed to fully appreciate the quality on offer and the level of investment made by the vendors.
The property offers 11 en-suite letting bedrooms, including two superior kings, as well as a two-bedroom, self-contained owner's accommodation. All rooms are decorated and furnished to a very high standard.
The current owners have operated the business since 2012, during which time they have invested heavily to provide the first-class accommodation now available. This has resulted in strong levels of regular, repeat trade.
Ill health forces a reluctant sale. The vendors are currently running the business in line with their pending retirement, presenting an excellent opportunity for a purchaser to further develop the business if desired. 7 year FRI lease from July 2025. Rent £12,000 per annum. Viewing highly recommended.

LOCATION
Positioned in Blackpool town centre, close to the famous Blackpool Tower and the Winter Gardens and adjacent to a wide range of amenities including shops, bars, and restaurants.

Coronation Street runs parallel to the Promenade, two streets back from the Golden Mile, with the hotel situated on the western frontage between Vance Road and Hull Road.

LOWER GROUND FLOOR
Owners accommodation comprising lounge with access to rear yard; double bedroom. bedroom; dressing room/walk in wardrobe; Bathroom with double shower, toilet and wash hand basin.

GROUND FLOOR
Vestibule entrance; hall and stairs; Breakfast room with covers for 20 which they offer a breakfast menu to choose from; still area; kitchen with fitted wall and base units and stainless steel extraction; utility; store room.

FIRST FLOOR
4 En suite bedrooms (1 twin, 1 double, 1 single, 1 superior double).

SECOND FLOOR
4 En suite bedrooms (2 double, 1 single, 1 superior double).

THIRD FLOOR
3 En suite bedrooms (2 double, 1 twin) these rooms are in the eaves and have velux windows.

EXTERIOR
Front small seating area. Rear yard.

BUSINESS
The business is fully equipped and currently trading on a bed and breakfast basis, with a strong and regular repeat trade established by the current operators.
We are informed that turnover is in the region of £58,000, with further financial details available to genuinely interested parties following a viewing.
The business is currently run to suit the vendors' pending retirement and health considerations, offering clear scope for further growth if desired.

SERVICES
All mains. Gas central heating.

TENURE
Leasehold. 7 year FRI lease from July 2025. Rent £12,000 per annum.