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37 Palatine Road, Blackpool, FY1 4BX

£180,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
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SECTOR

8 bedroom guest house for sale

Description

Mid terraced four storey guest house located on Palatine Road within close proximity to Blackpool town centre. The property is well presented and in good order throughout, having been modernised, and comprises 8 en-suite letting rooms arranged over the first and second floors accommodating up to 27 guests. Rooms include a mix of double and family accommodation all with keyless entry, flat screen TVs and tea and coffee making facilities.
The ground floor provides a breakfast room and fitted bar area, opening via French doors onto a street-facing decking area. To the rear is owner’s accommodation and a well-equipped kitchen, with access to the rear yard.
The business operates on a seasonal basis (April–November), with breakfast offered as an optional service, and offers clear scope to extend trading. The property benefits from repeat custom and positive online reviews, including a Booking.com score of 8.9. We are advised turnover is in the region of £50,000 per annum.
Further potential exists to develop the lower ground floor, subject to necessary consents.

Tenure Available freehold or leasehold
Leasehold: £25,000 ingoing + £12,000 per annum commencing rent
Freehold: £180,000

Viewing highly recommended to appreciate the accommodation on offer.

LOCATION
Located on the southern frontage of Palatine Road, a key access route within central Blackpool’s guesthouse network, the Leecliff Guest House is well positioned for access to all major attractions, including the Promenade, Central Pier and the main seafront entertainment areas close by.

LOWER GROUND FLOOR
Storage; shower room, wc & hand basin.

GROUND FLOOR
Hall & stairs; Breakfast room & fitted bar; kitchen; double bedroom; access to rear.

FIRST FLOOR
2 x double en-suite ; 2 x family en-suite (inc. 1 x 6 person family room); communal wc.

SECOND FLOOR
1 x double en-suite; 3 x family en-suite (inc 1 x 5 person family room).

EXTERIOR
Front: decking area; Rear: yard with utility shed.

BUSINESS
The business presently operates on a seasonal basis (April–November), with breakfast offered as an optional service to guests. 4.5/5 star TripAdvisor, Booking.com score 8.9. Strong repeat trade with turnover in the region of £50k. Accounts available upon request to interested parties after viewing.

SERVICES
All mains services connected.

TENURE
Tenure: Available freehold or leasehold.
Leasehold: £25,000 ingoing + £12,000 per annum commencing rent.
Freehold: £180,000.

37 Palatine Road, Blackpool, FY1 4BX

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool North Station0.6 miles
  • Blackpool South Station1.0 miles
  • Layton Station1.7 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/

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Disclaimer - Property reference 011735. 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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