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Leasehold Licensed 16 Bedroom Hotel

Banks Street, Central, Blackpool

£30,000 (Leasehold)

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Leasehold Licensed 16 Bedroom Hotel

Hotels / Guest Houses/Bed & Breakfast

REF V9540

DESCRIPTION: Substantial corner 16 Bedroom leasehold Licensed Hotel situated in the heart of Blackpool town centre, being close to entertainment and amenities. Fully equipped to cater for 43 guests, parking for 11 vehicles and 2 bedroom private accommodation. During the week the business generates business from local contractors and at weekend from group bookings, which reflects in the strong trading accounts. £35,000 ingoing + £10,000 deposit, inventory to remain the landlords.

Ground Floor: Hallway; Bar Lounge with elevated games area, feature bar, lounge with leather seating and pool table; Dining Room with seating for 30 diners; Kitchen with range of catering equipment which caters for all guests; Private Accommodation: Lounge with wood effect flooring.

First Floor: 3 bedrooms (2 double en suite, 1 bunk room); Shower and wc, wc; Private Accommodation: Master Bedroom with wood effect flooring; Bathroom comprising 3 piece suite; Bedroom;

Second Floor: 6 bedrooms (3 family, 2 double en suite, 1 standard double);

Third Floor: 7 bedrooms (1 double, 5 family, 1 single); shower and wc;

SERVICES: The Hotel has central heating and double glazing. All Letting Bedrooms have T.V.’s, room refreshments, L2 Fire Alarm System. The inventory will remain in the possession of the landlord.

EXTERIOR: Front car park for up to 9 vehicles and rear parking for 2 vehicles.

BUSINESS: We are informed accounts show a turnover in the region of £79,000.

TENURE: Leasehold. Remainder of 10 year lease from 2016, rent £1,500 per month (£18,000 pa)


Lark Inn Hotel 41-43 Banks Street, Central, Blackpool FY1 2AR

Tenure Type: Leasehold
Private Living: Yes

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