Hotel Investment

Barton Avenue, South Shore, Blackpool

£225,000 (Freehold)

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Hotel Investment

Commercial Investments

REF 010442


DESCRIPTION: Substantial double fronted Hotel located immediately off the Promenade at South Shore between Central and South Pier. The 21 en suite bedroom hotel has spacious guests facilities, passenger lift plus 2 self-contained owners flats and parking for 8 cars. The property is tenanted on a 7 year Full Repairing and Insuring Lease from 2nd December 2016 with a passing rent of £19,500 per annum. Rent paid quarterly in advance, rent reviews every 3 years. Lease excluded from 1954 Landlord and Tenants Act.

LOCATION: On the Southerly frontage of Barton Avenue which runs off the Promenade between Central and South Pier.

 

ACCOMMODATION
Ground Floor: Reception and office; dining room; bar lounge; kitchen; lift; Private Accommodation: Lounge;

Lower Ground Floor: Private Accommodation: 2 bedrooms; shower and wc; utility room, meter cupboards;

First Floor: 10 en suite bedrooms;

Second Floor: 9 en suite bedrooms;

Third Floor: 2 en suite bedrooms; Private Self Contained Flat: Lounge; 2 bedrooms; kitchen; bathroom;

Exterior: Rear parking for 8 cars, 2 car garage.

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

EPC RATING: C

TENURE: Freehold subject to commercial lease dated 2nd December 2016 for 7 years. Full Repairing and Insuring lease with a passing rent of £19,500 per annum. Rent reviews 2nd December 2019 and 2022. Rent paid quarterly in advance.

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.

Royal Oakwell 17-19 Barton Avenue, Blackpool FY1 6AP

Tenure Type: Freehold
Private Living: No


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