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373 Promenade, Blackpool, FY1 6BH

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010368

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Leasehold Promenade HMO

373 Promenade
Blackpool
FY1 6BH

69950.00

Leasehold

REF: 010368

Brochure
Description: A long established leasehold HMO located on the corner of Alexandra Road and the Promenade at South Shore. The hotel has 14 rooms that it rents to council tenants and workers. Operated by the same owners for approximately 40 years. New lease available direct form the landlord, rent £1100 per calendar month. Self contained 2 bedroom owners apartment.

Location: On the South West corner of the Promenade and Alexandra Road at South Shore, Blackpool.

Lower Ground Floor: Former bar lounge not in use; 2 stores.

Ground Floor: Vestibule entrance hall & stairs; dining room; kitchen with stainless steel extraction.

First Floor: 10 rooms; TV lounge; 3 x showers & wc's accessed from the rear self contained owners accommodation at first floor level. The owners accommodation consists of lounge; laundry area; 2 bedrooms and bathroom.

Second Floor: 4 rooms; shower & wc.

Exterior: Rear yard.

Business: The HMO has been in the same ownership for 40 years. The vendor confirms it is run at very high occupancy levels providing room and breakfast. Rates £480 per calendar month for council guests and £90 a week for workers. Further figures will be available to genuine parties after viewing.

Services: All services, gas central heating.

Tenure: Leasehold. New 15 year lease negotiable from the landlord. Rent £1100 per calendar month, Full Repairing & Insuring term.

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.

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373 Promenade, Blackpool, FY1 6BH

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