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7 Vance Road, Blackpool, FY1 4QD

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011130

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Hotel Investment Property

7 Vance Road
Blackpool
FY1 4QD

149950.00

Freehold

REF: 011130

Brochure
Description: Hotel investment property producing £12,000 per annum rental return. Mid terraced double fronted hotel property located in Blackpool centre. The 10 bedroom hotel is tenanted on a 6 year Full Repairing & Insuring lease from March 2024 with a passing rent of £12,000 per annum. Lease within the LTA 1954. NB: The business is not for sale and is not affected.

Location: On the southerly frontage of vance Road with is in central Blackpool between Central Drive and Coronation Street. The £300 million Blackpool Central Leisure development is proposed at the bottom of Vance Road.

Ground Floor: Vestibule entrance hall and stairs; Bar lounge with upholstered seating and bar counter; dining room; kitchen with stainless steel sink unit; Private Accommodation: 2 rooms and bathroom.

First Floor: 5 bedrooms (2 double en suite, 2 standard double, 1 single); shower, wc and wash hand basin.

Second Floor: 5 en suite bedrooms (3 double, 1 single, 1 twin).

Business: The business is not for sale and is not affected.
Lease schedule: 6 year lease from 15/3/2024 to 14/3/2030. Rent £12,000 per annum. Full Repairing & Insuring term, rent paid monthly in advance.

Services: All mains services connected.

Tenure: Freehold

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