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55 Reads Avenue, Blackpool, FY1 4DG

£129,950

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
SIZE

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SECTOR

5 bedroom hotel for sale

Key features

  • Substantial corner hotel adjacent to the town centre
  • 8 bedrooms including 5 en suite
  • Same ownership since 2015
  • Ceased trading due to retirement January 2024
  • The property would benefit from capital investment

Description

Substantial corner end terrace hotel located on the northerly frontage of Reads Avenue at its junction with Stanley Road adjacent to Blackpool town centre. 8 bedrooms including 5 with en suite. The property has been in the same ownership since 2015 and due to retirement ceased trading in January 2024. The property would benefit from capital investment but the property offers excellent opportunity to re establish the hotel trade or potential Airbnb subject to PP.

LOCATION
On the north east corner of Reads Avenue at its junction with Stanley Road adjacent to Blackpool town centre.

LOWER GROUND FLOOR
2 rooms and a bathroom.

GROUND FLOOR
Vestibule entrance hall and stairs; Bar lounge; Dining room 16 covers; Kitchen; Office; Bathroom; Sitting room/bedroom.

FIRST FLOOR
5 bedrooms (4 double en suite, Bunks room; toilet).

SECOND FLOOR
3 bedrooms (double en suite, family, double, shower and toilet).

EXTERIOR
Parking space to front walled garden to side.

BUSINESS
The hotel is equipped but not trading due to retirement.

SERVICES
All mains services central heating, double glazing.

TENURE
Freehold

55 Reads Avenue, Blackpool, FY1 4DG

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool North Station0.6 miles
  • Blackpool South Station1.1 miles
  • Layton Station1.6 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 011624. 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.