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Eastbank Road, Lytham St. Annes, Lancashire, FY8 1ND

Guide Price
£360,000

Business rates & charges may apply

Pattinsons, Pattinsons Auction- National Auctioneer
SIZE

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SECTOR

Hotel for sale

Key features

  • Luxury 8 Bedroom Licensed Bed and Breakfast – All En-Suite
  • St Annes on Sea, Lancashire
  • Highly Desirable Location
  • Busy All Year-Round Trading
  • In Stunning Order Throughout
  • Spacious 3-Bedroom Owners Accommodation
  • Reputable and Accredited Hotel
  • Strong Online Presence
  • Strong Trading Accounts Drawing £70,000 pa
  • Huge Potential to Increase Income

Description

For sale via secure sale online bidding only - terms and conditions apply.

We are delighted to offer this Luxury Licensed Bed and Breakfast for sale.

This substantial 4-floor property is situated in the highly desirable location of Eastbank Road, St Annes on Sea, Lancashire. This prime position benefits from having close proximity to the prestigious South Promenade, as well as St Annes Pier, Beach and vibrant Town Centre, with its abundance of excellent bars, restaurants, cosy cafes and shops. The well renowned Royal Lytham and St Annes Golf Course is also only a ten-minute walk away, and the B&B has the added convenience of motorway links being right by.

The property currently draws an annual income of £70,000 with scope to increase further. It currently operates on a bed and breakfast basis, offering afternoon teas to guests and locals in the summer months. This leaves scope to broaden the business with evening meals and other services such as beauty room rental.

This bespoke Bed and Breakfast attracts not only tourists, passing trade, and regular business travellers, but selective clientele in addition. For example, the Sea Croft already has over 600 VIP clients, and reliable repeat customers as well as boasting an impressive online reputation with both praised reviews and esteemed accolades.

The Sea Croft also has a well-crafted website which generates 100% of bookings direct, anchored further by their profound online presence.

This beautifully appointed establishment really needs to be viewed to be fully appreciated.

Please note we have not inspected this property.

Location

This substantial 4 storey property is situated in the highly desirable location of Eastbank Road, St Annes on Sea, Lancashire. This prime position benefits from having close proximity to the prestigious South Promenade, as well as St Annes Pier, Beach and vibrant Town Centre, with its abundance of excellent bars, restaurants, cosy cafes and shops. The well renowned Royal Lytham and St Annes Golf Course is also only a ten-minute walk away, and the B&B has the added convenience of motorway links being right by.

Accommodation - Ground Floor

Ground Floor
Main Entrance leading to:
Reception.
Lounge Bar.
Breakfast/Dining/Lounge catering for 22 covers.
Kitchen (also accessible via private accommodation).
Office.
Private Accommodation-
Lounge.
Bedroom – En-Suite

Accommodation - Lower Ground

Lower Ground Floor
(Private Accommodation Continued)
- Master Bedroom.
- Second Bedroom.
- Jack and Jill Bathroom with Bath, Shower, Toilet and Sink.
- Laundry Room.

Accommodation - First Floor

- 1 x Superior Super King Size Double Bedrooms - En-Suite.
- 1 x Executive Double Room – En-Suite.
- 1 x Twin Bedroom – En-Suite.
- 1 x Single Bedroom – En-Suite.
- 1 x Beauty Room.

Accommodation - Second Floor

- 1 x Family Triple Room – En-Suite.
- 2 x Executive Double Rooms – En-Suite.
- 1 x Single Bedroom – En-Suite.
- Purpose-made Laundry room and storage cupboards

Exterior

Tarmac to the front of the property with seating for guests. Designated Parking for 4 motor vehicles and additional free on street parking.

Tenure

Long leasehold with peppercorn rent. Title number LA495772.

Rateable Value

Current rateable value (1 April 2023 to present) £4,850
Sourced from VOA

The current owners have advised us they do not pay business rates due to small business rate relief, and this has been the case for the last 10 years.

EPC

Available upon request, rating B.

Agent Notes

All letting bedrooms have flat screen TVs and room refreshments. The property is centrally heated and has double glazing.
The sale includes the good will of the business as well as most fixtures and fittings.
The property has a dedicated Beauty Room for additional services.
There are forward bookings already taken with deposits.

Business

Accounts on application.

Fantastic social media presence, including over 2000 Facebook followers.

Additional Information

For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.

Auctioneers Additional Comments

Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure AML procedures are carried out in accordance with the law

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts, the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.

Brochures

Eastbank Road, Lytham St. Annes, Lancashire, FY8 1ND

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St. Annes-on-the-Sea Station0.4 miles
  • Ansdell & Fairhaven Station1.6 miles
  • Squires Gate Station2.2 miles

About Pattinsons, Pattinsons Auction- National Auctioneer

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Notes

These notes are private, only you can see them.

Disclaimer - Property reference 497520. 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 Pattinsons, Pattinsons Auction- National Auctioneer. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Pattinsons, Pattinsons Auction- National Auctioneer on 0191 625 0964.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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