Leasehold Hotel

Palatine Road, Central, Blackpool

£25,000 (Leasehold)

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Leasehold Hotel

Hotels / Guest Houses/Bed & Breakfast

REF 010040


DESCRIPTION: An attractive mid terraced Guest House located close to the Town Centre and all its amenities. The six en suite bedrooms are decorated and finished to a very good standard with TV, tea/coffee making facilities, central heating and hair dryers to all rooms. New fitted kitchen and modern private bathroom and private sitting room. Parking for 1 or 2 small cars to the rear. Regular trade via Booking Portals and Social Media. Reluctant sale due family commitments. 5 year lease from November 2018, rent 8,400 per annum plus £5,000 rent deposit paid direct to Landlord.

LOCATION: On the Northerly frontage of Palatine Road which is in Blackpool centre close to Park Road and all the local amenities.

ACCOMMODATION
Ground Floor: Vestibule entrance; guest lounge and dining room; fitted kitchen; store; Private Accommodation: bathroom with modern white bath, wc, wash hand basin, over bath shower; utility area; sitting room;

First Floor: 3 en suite bedrooms (2 double, 1 family); store (single en suite);

Second Floor: 3 en suite bedrooms (2 family, 1 twin);

Cellar: Storage

Exterior: Parking for 1 or 2 cars.

BUSINESS: The vendors have developed a good trade via Booking.com, Tripadvisor and Facebook confirming the turnover to be in the region of £35,000 based on 4 rooms from 4/19 to 11/19.

SERVICES: All mains services connected. CCTV. Key fob entry to vestibule.

TENURE: 5 year lease from November 18. Full repairing and insuring lease. Rent £700 per calendar month (£8,400 per annum). £5,000 rent deposit payable to the landlord. Break clause September 2021. EPC RATING: C

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.

90 Palatine Road, Blackpool, FY1 4BY

Tenure Type: Leasehold
Private Living: Yes


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