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373 Promenade, Blackpool, FY1 6BH

PROPERTY TYPE

House of Multiple Occupation

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Description

A long established leasehold HMO located on the corner of Alexandra Road and the Promenade at South Shore. The hotel has 14 rooms that it rents to council tenants and workers. Operated by the same owners for approximately 40 years. New lease available direct form the landlord, rent £1100 per calendar month. Self contained 2 bedroom owners apartment.

LOCATION
On the South West corner of the Promenade and Alexandra Road at South Shore, Blackpool.

LOWER GROUND FLOOR
Former bar lounge not in use; 2 stores.

GROUND FLOOR
Vestibule entrance hall & stairs; dining room; kitchen with stainless steel extraction.

FIRST FLOOR
10 rooms; TV lounge; 3 x showers & wc's accessed from the rear self contained owners accommodation at first floor level. The owners accommodation consists of lounge; laundry area; 2 bedrooms and bathroom.

SECOND FLOOR
4 rooms; shower & wc.

EXTERIOR
Rear yard.

BUSINESS
The HMO has been in the same ownership for 40 years. The vendor confirms it is run at very high occupancy levels providing room and breakfast. Rates £480 per calendar month for council guests and £90 a week for workers. Further figures will be available to genuine parties after viewing.

SERVICES
All services, gas central heating.

TENURE
Leasehold. New 15 year lease negotiable from the landlord. Rent £1100 per calendar month, Full Repairing & Insuring term.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

373 Promenade, Blackpool, FY1 6BH

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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. Within our business and hotels for sale 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/

Your mortgage

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Monthly repayments
£327
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Disclaimer - Property reference 010368. 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.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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