Banks Street, BLACKPOOL, FY1 2AR

This property is not currently available. It may be sold or temporarily removed from the market.

Property Features

  • 16 BEDROOM LICENSED HOTEL - 4 EN SUITE
  • PROMINENT CORNER POSITION
  • STRONG TRADING ACCOUNTS
  • 2 BEDROOM PRIVATE ACCOMMODATION
  • PARKING FOR 11 VEHICLES / EPC D
£30,000
  • Ref: broomheads_LAR41LC
  • Type: Hotels/Holiday Flats
  • Availability: Available
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Full Details

- 16 BEDROOM LICENSED HOTEL - 4 EN SUITE - PROMINENT CORNER POSITION - STRONG TRADING ACCOUNTS - 2 BEDROOM PRIVATE ACCOMMODATION - PARKING FOR 11 VEHICLES / EPC D

Description: This substantial corner property is situated in the heart of Blackpool’s vibrant Town Centre, being close to entertainment and amenities. During the week the business generates business from local contractors and at weekend from group bookings, which reflects in the strong trading accounts.

Ground Floor:

Hallway.
Fabulous bar lounge with elevated games area, feature bar, lounge with leather seating and pool table.
Dining room with seating for 30 diners.
Kitchen with range of catering equipment which caters for all guests.
Office.

First Floor:

Private accommodation.
Master Bedroom with wood effect flooring
Bathroom comprising 3-piece suite.
Bedroom.
Family Suite comprising of one family bedroom, one double bedroom and one bedroom with bunk beds, ensuite.
Two doubled bedrooms which are both ensuite.
Shower and toilet.
Toilet.

Second Floor:

Three family bedrooms.
Three double bedrooms, two ensuite.

Third Floor:

Five family bedrooms.
One double bedroom.
One single bedroom.
Shower and toilet.

Agent Notes: The Hotel is centrally heated and has double glazing. All Letting Bedrooms have TV's, room refreshments, L2 Fire Alarm System. The inventory will remain in the possession of the landlord

Exterior: Car park to the front with parking for up to 9 motor vehicles. Car park to the rear with parking for 2 motor vehicles.

Business: We are informed accounts show a turnover in the region of £79,000.

Tenure: Leasehold – Remainder of a 10-year lease from 2016 @ a rent of £1,500pcm.

Leasehold Price: £30,000 + £10,000 deposit.

These particulars are intended only as a guide to prospective purchasers or tenants to enable them to decide whether to make further enquiries with a view to taking up negotiations but they are otherwise not intended to be relied upon in any way or for any purpose whatever and accordingly neither their accuracy nor the continued availability of the property is in any way guaranteed and they are furnished on the express understanding that neither the agent nor the vendors or landlord are to be or become under any liability or claim in respect of their content. In the event of the agents or the vendor or landlord supplying any further information or expressing any opinion to a prospective purchaser or tenant, whether verbal or in writing, such information or expression of opinion must be treated as given on the same basis as these particulars.
To make an offer please make an appointment with this office prior to contacting your Lender or Solicitor, as this may result in unnecessary costs being incurred, or the property being sold elsewhere.
Your home is at risk if you do not keep up repayments on a mortgage or other loan secured on it..