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Excellent 9 En-suite Bedroom Hotel - Lancashire for Sale

Blackpool, Lancashire

Freehold : £ 154,950
Turnover : £ 769 p.w.

This superb 9 guest room hotel all with en-suite bathrooms enjoys a wonderful central location at the heart of one of Blackpool's busiest areas. Situated in the newly proposed holiday zone the business is surrounded by complimentary businesses providing wonderful opportunities for passing trade. It is located within a short walk of the town centre and all of its many facilities and within a 5 minute leisurely walk of the seafront. Blackpool has long been known as a popular tourist destination since Victorian times and is world renound for its popular tourist attractions including The Golden Mile, The Pleasure Beach and The Blackpool Tower. The town is enjoying a great revival with substantial investment and an increased profile due to the success of its Premiership football team. 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 which links to the larger local cities of Preston and Manchester. The Lake District National Park and all of its attractions are also within a short car drive.



EXCELLENT 9 EN-SUITE BEDROOM HOTEL - LANCASHIRE
At the heart of one of Blackpool's busiest tourist areas
Annual turnover of £40,000 with good gross profits
Beautifully presented 18 cover dining room
Early viewing is strongly recommended
1 bedroom owners' accommodation
Fully licensed bar
FREEHOLD

Business History

Meridian Business Sales are delighted to offer to the market this beautifully presented hotel that has been established for over 15 years and has been in the capable hands of our client for the pervious 3 years. The only reason this excellent and profitable business is being offered to the market is due to our clients desire to relocate. Since owning the business our client has invested heavily on the premises including a new central heating system, a complete re-wiring of the electrics and the upgrading of the fire safety system to the point that they are now in full walk-in condition for any prospective purchaser. We are advised of an annual turnover of £40,000 which is derived from the letting of rooms and sales from the fully licensed bar with additional income generated from the provision of a very popular evening meal service. The business has a wonderful reputation and benefits from a high percentage of repeat and regular visitors and currently does no external advertising relying on word of mouth recommendations. This provides scope for an improvement on turnover and the business could certainly benefit from a more aggressive marketing strategy, currently the business chooses not to accommodate stag and hen bookings during the season which again provides scope to take advantage of the outstanding location which would be a popular base for group bookings. This is a wonderful opportunity to purchase a thriving business with scope for further development and as such early viewing is highly recommended.


Accommodation: Semi-detached 9 guest room hotel, all bedrooms are en-suite and have flat screen televisions as well as tea and coffee making facilities, the business is beautifully presented throughout and briefly comprises:

GROUND FLOOR
Secure entry leading to welcoming reception area, resident's lounge with fixed and additional seating and large wall mounted television, fully licensed bar, 18 cover resident's dining room, fully fitted kitchen and utility room plus access to rear yard.

Room 1 - Twin room
Room 2 - Double or twin room

Owners' private lounge and double bedroom with en-suite bathroom. Stairs to first floor

FIRST FLOOR
Room 3 - Family triple room
Room 4- Family room
Laundry cupboard
Room 5- Double room
Room 7- Double room
Room 8- Double room
Room 9- Double room
Room 10 - Twin/double room
Shower room for exclusive use of room 10

EXTERNAL
Private parking to front and side of the premises
Rear yard


 
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607 Advert ID 31326    Sellers Ref : 2524/BSOL

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