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14/16 Lytham Road, Blackpool, FY1 6DX

£400,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
SIZE

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SECTOR

27 bedroom hotel for sale

Description

Double fronted 4 storey property located immediately off the Promenade at Manchester Square in a busy and popular holiday area between Central and South pier. The substantial property has 27 en suite letting bedrooms plus 4 bedroom owners accommodation together with separate dining room and bar lounge which has permission to be used as a cafe. Operated by the current owners since 2006. The vendor will consider a sale of the freehold or the lease subject to status, new FRI lease negotiable at a commencing rent of £35,000 per annum.

LOCATION
On the easterly frontage of Lytham Road located immediately off the Promenade at Manchester Square in a busy and popular holiday area between Central and South pier.

LOWER GROUND FLOOR
Commercial Kitchen, tiled floor, extractor; Dining room, Stores, Boiler room.

GROUND FLOOR
Entrance hall and reception; Bar lounge; 2 En suite letting bedrooms (1 x family, 1 x double); Private accommodation Lounge; 4 bedrooms; Bathroom.

FIRST FLOOR
13 En suite letting bedrooms (11 Double, 2 Family)

SECOND FLOOR
12 En suite letting bedrooms (8 Double, 2 Single, 2 family)

EXTERIOR
Rear yard

BUSINESS
The hotel operates during the holiday season between Easter and the end of October on a room only basis. The vendor indicates the turnover will be in the region of £85,000 per annum.

SERVICES
All mains services. Gas central heating.

TENURE
Freehold or Leasehold. New FRI lease negotiable at a commencing rent of £35,000 per annum.

14/16 Lytham Road, Blackpool, FY1 6DX

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool South Station0.6 miles
  • Blackpool North Station1.0 miles
  • Blackpool Pleasure Beach Station1.3 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 011744. 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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