Landmark Leisure Investment Opportunity, 5 Dickson Road, Blackpool, FY1 2AX

The property comprises a substantial multi-storey leisure and entertainment building arranged across basement, ground, first, second, third and fourth floor levels. The accommodation extends to approximately 22,000 sq ft (2,044 sq m) overall and provides extensive floor space suitable for a variety of leisure, hospitality and entertainment uses. The building benefits from accommodation at all levels together with ancillary storage, servicing and staff facilities, creating a significant town centre asset of considerable scale.

Prominently located upon Dickson Road (A586) within the designated LGBTQ+ zone whilst being within walking distance of both the North Pier (0.3 mile), Blackpool Tower & Ballroom (0.5 mile), seafront, main licensed, leisure and retail circuit.

A rare opportunity to acquire a landmark Blackpool leisure investment let on a new 20-year lease to an experienced operator. The property provides a secure income stream with rental growth to £180,000 per annum and five-yearly rent reviews. Funny Girls is one of Blackpool's most established and recognisable entertainment venues, benefiting from strong trading performance and a national profile. Funding may be available to suitable purchasers.

Licensing hours:
Funny Girls
Monday to Sunday: 11.00am - 3.00am

Level 3 Nightclub
Sunday to Friday: 10.30am - 5.00am
Saturday: 10.30am - 6.00am

Oscar's Bar
Saturday: 11.00am - 5.00am
Sunday: 11.00am - 3.00am

The property is let on a new 20-year internal repairing and insuring lease with a headline rent of £180,000 per annum. The rent is subject to five-yearly upward-only rent reviews, with the first review capped at a 2% increase. Additional security is provided through a Rent Deposit Deed which will build to £90,000 through monthly contributions and benefits from a fixed charge over the deposited funds. The investment offers purchasers the opportunity to acquire a landmark leisure asset with a long unexpired lease term and contracted rental growth. Funding may be available to suitable purchasers through specialist commercial lenders, with Christie Finance available to assist in sourcing funding solutions.

EPC Rating - C
Listing - Grade II
Net Initial Yield - 7.20%
Planning Use - Sui Generis
No option to tax

Held on a 20-year lease from 28 August 2026 to 27 August 2046, with no break options, providing long-term income security. The rent rises to £180,000 per annum plus VAT from May 2027 and is subject to five-yearly upward-only open market rent reviews, with the first review capped at a 2% increase. The lease benefits from security of tenure under the Landlord & Tenant Act 1954 and is held on internal repairing and insuring terms.

The property is let to experienced multi-site operators with a successful track record of acquiring and growing hospitality businesses. Since taking occupation, the tenants have increased trade at the property, demonstrating their operational capability and commitment to the venue.

Premises Licence