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10 Osbourne Road, Blackpool, FY4 1HJ

£135,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
SIZE

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SECTOR

9 bedroom hotel for sale

Key features

  • Hotel located immediately off the Promenade at South Shore
  • 9 bedrooms, 2 en suite
  • Let on the remainder of a 10 year FRI lease from December 2023
  • The hotel would benefit from capital investment
  • Fixtures & fittings can be purchased from the tenant for an additional £15,000

Description

Freehold hotel located immediately off the Promenade at South Shore close to South Pier and the Pleasure Beach theme park. 9 bedrooms including 2 with en suite shower & wc's. Currently let on the remainder of a 10 year FRI lease from December 2023, rent £10,000 per annum. The hotel would benefit from capital investment. The leasehold interest fixtures and fittings can be purchased from the tenant for an additional price of £15,000 which would then provide vacant possession.

LOCATION
On the Northerly frontage of Osborne Road at South Shore directly off the Promenade at the Sandcastle Water Park and adjacent to the Pleasure Beach and South Pier.

LOWER GROUND FLOOR
Store; bedroom; bathroom wc & wash hand basin; utility room; boiler room.

GROUND FLOOR
Vestibule entrance; reception; dining room; bar lounge; private lounge; kitchen.

FIRST FLOOR
2 x double; 1 x family; 1 x twin; 1 x single; wc, shower, wash hand basin.

SECOND FLOOR
2 x family; 2 x double; 2 x wc; shower, wc and wash hand basin.

BUSINESS
The property is currently tenanted on a 10 year lease from December 2023. Full Repairing & Insuring term. Rent £10,000 per annum payable ¼ in advance.

SERVICES
All mains services. Hot water, central heating, two boilers. No checks have been or will be undertaken all interested parties should make their own enquiries.

TENURE
Freehold subject to the current tenancy.

Brochures

10 Osbourne Road, Blackpool, FY4 1HJ

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool South Station0.4 miles
  • Blackpool Pleasure Beach Station0.4 miles
  • Squires Gate Station1.2 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. In addition 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/

Notes

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Disclaimer - Property reference 011619. 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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