Back to Search Results

Licensed Leasehold Promenade Hotel

North Promenade, Promenade, Blackpool

£35,000 (Leasehold)

Download PDF Information Sheet

Licensed Leasehold Promenade Hotel

Hotels / Guest Houses/Bed & Breakfast

REF V9576


DESCRIPTION: A substantial hotel located in a corner position above a parade of shops on the corner of North Promenade and Cocker Street. The Hotel provides a ground floor entrance and bar lounge and to the upper floors 14 bedrooms with 12 en suite plus private lounge, bathroom and 2 bedrooms. Excellent opportunity to operate a Promenade Hotel for a reasonable outlay. 15 year lease from July 2015 with option to renew, rent £15,000 per annum.

LOCATION: The property is situated at the corner of North Promenade and Cocker Street immediately to the North of the Town Centre close to all the shops, bars, restaurants, Winter Gardens and rail station.

ACCOMMODATION
Ground Floor: Vestibule entrance hall and stairs; bar lounge with fitted bar counter; kitchen; utility and boiler room; Private Accommodation: Bathroom;

Cellar: 2 cellar rooms;

First Floor: 5 bedrooms (2 family en suite, 2 double en suite, 1 standard family); wc; laundry room; Private Accommodation: Lounge; 2 bedrooms;

Second Floor: 9 bedrooms (5 en suite family, 3 en suite double, 1 standard single0; wc; under stairs storage;

Third Floor: 2 attic rooms;

Exterior: Parking space and 2 stores.

BUSINESS: The hotel is equipped and all rooms have TV’s, tea and coffee making facilities and central heating. Previously operated on a room only basis with the vendor confirming turnover levels in the region of £60,000. No longer trading to full potential due to ill health.

SERVICES: All mains services connected, central heating and double glazing.

EPC RATING: C

TENURE: Leasehold. 5 year lease from July 2015 plus an option to renew, rent £15,000 per annum.

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.

Elkin Lodge, 218 North Promenade, , Blackpool FY1 1RU

Tenure Type: Leasehold
Private Living: Yes