£47,500 (Leasehold)View More Details
DESCRIPTION: Substantial double fronted leasehold Hotel located in Blackpool Town Centre close to the Promenade, Tower, all attractions and proposed 300 million Blackpool Central Leisure Development. The Hotel has 15 en suite letting bedrooms together with a self contained studio apartment plus 2 bedroom owners accommodation. All letting bedrooms have TV’s, drinks facilities, central heating and double glazing. Remainder of a 10 year lease from 3/2015. The business is run under management and operates on a room only basis but has a full commercial kitchen providing the opportunity to re-establish B&B trade. Viewing recommended.
LOCATION: On the Southerly frontage of Hornby Road immediately off Central Drive and the council car parking that is being developed for the proposed £300 million Blackpool Central Leisure Development.
Ground Floor: Vestibule entrance; hall and stairs; residents bar lounge; dining room with 36 covers, self service breakfast area; commercial kitchen with non slip flooring, stainless steel extraction, fitted wall and base units and double bowl stainless steel sink unit;
Lower Ground Floor: Office; utility room; Private Accommodation: 2 bedrooms; bathroom; lounge; kitchen with hob and fridge; Studio Flat: Kitchen area; 2 double bedrooms; 1 single bedroom; shower and wc;
First Floor: 6 en suite bedrooms (3 double, 2 single, 1 twin);
Second Floor: 5 en suite bedrooms (2 double, 1 single, 1 triple, 1 twin);
Third Floor: 4 en suite bedrooms (2 twin, 1 triple, 1 double);
BUSINESS: The vendor confirms the turnover levels to be in the region of £70,000 on a room only basis. The business is equipped including 6 burner cooker, grill, microwave, Baine Marie, rotary toaster, coffee machine, fridge, freezer and dishwasher. The business is run under management.
SERVICES: All mains services connected, central heating, double glazing and L2 alarm. Lift not in use approx. £5,000 remedial works to re-commission. EPC RATING: B
TENURE: Leasehold. 10 year term from 23rd March 2015, present rent £9,750 per annum with fixed increase to £10,700 (2023/24), £11,800 per annum (2024/25). Full Repairing and Insuring.
Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE.
Novello 11 Hornby Road, Blackpool FY1 4QG
Tenure Type: Leasehold
Private Living: Yes