Hotel/guest house for sale in Palatine Road, Blackpool FY1

Fixed price £229,995 (£229,995/sq. ft)
Hotel/guest house for sale 1 sq. ft*
Interested in this property? Call +44 1204 911870 * or Request Details

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Property description

Well presented 11 letting room hotel
Situated in the desirable coastal town of Blackpool
Well established and highly reputed business
Early viewing essential to fully appreciate
High amount of regular and repeat trade
3 bedroom owners accommodation
Genuine reason for sale
Walk in condition

Freehold


Location
This superb hotel is situated in the coastal town of Blackpool, Lancashire. The business is surrounded by complimentary businesses, leisure facilities, visitor attractions and much more deriving much of the businesses trade. Blackpool is one of the most popular holiday locations for people wishing to stay in the UK, and has seen a growth in tourism in the last few years. The hotel is ideally situated minutes away from Blackpool town centre, Blackpool Pleasure Beach, The Winter Gardens and Blackpool Tower as well as the many bars and restaurants. Blackpool is reached easily and has superb road and rail links, the M55 motorway is within a short drive providing access to the nearby M6 motorway providing excellent links to the larger local cities of Preston and Manchester.

Business History
Meridian Business Sales are delighted to offer to the market this fantastic hotel which has been established for over 100 years and in the careful hands of our client since 2004. The only reason this brilliant business is being offered to the market is due to our clients desire to take a well deserved retirement.

Since our client took ownership of the business he has built up a strong reputation within the local community and beyond and as such has a high level of regular and repeat trade alongside good word of mouth recommendations.

Our client informs us that they currently generate a respectable annual turnover which is derived from offering comfortable guest rooms, a fully licensed bar and a delicious breakfast menu.

The hotel comprises of 11 en-suite guest bedrooms all of which have colour televisions plus a digi box, tea and coffee making facilities, fresh towels, and much more.

Our client has continually developed and improved the business introducing new lines and income streams which have enhanced the business massively.

The business is very well presented throughout and is being sold with all fixtures and fittings included in the sale price which is a huge plus for a new owner as additional funds will not need to be spent on modernising for many years.

Our client has invested time and money into the business and premises to the point where it is in full walk in condition.

This is an excellent opportunity to purchase a true lifestyle business in one of the most desirable areas in the UK and as such early viewing is highly recommended as this ideal business is not to be missed.

Tenure
We are advised Freehold

Opening Hours
All year round

Accommodation
Well maintained property briefly comprising:


Lower ground floor


Bar area/ dance floor


Ground floor


Hallway

Dining room for 28 covers

Owners accommodation:

1 x lounge

3 x bedrooms

1 x bathroom


First floor


3 x double en-suite bedrooms

2 x family en-suite bedrooms


Second floor


5 x double en-suite bedrooms

1 x family en-suite bedroom


External


Owners garage

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Meridian Business Sales Ltd, BL1 on +44 1204 911870 * (local rate)

Contact Meridian Business Sales Ltd about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Meridian Business Sales Ltd, and do not constitute property particulars. Please contact Meridian Business Sales Ltd for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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