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Popular And Established Hotel for Sale

Blackpool, Lancashire

Freehold : £ 260,000
Turnover : £ 1,154 p.w.

This 13 bedroom hotel is ideally located in the heart of Blackpool, this thriving town has seen much regeneration in recent years. It 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. Situated just a five minute walk from Blackpool town centre, Blackpool Tower and British Rail the hotel is ideally situated to enjoy the shopping and sightseeing, or nightlife and entertainment that Blackpool is famous for. 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.

POPULAR AND ESTABLISHED HOTEL - LANCASHIRE
Situated in the coastal resort of Blackpool
Early viewing essential to fully appreciate
1 bedroom owners' accommodation
Advised annual turnover of £60,000
Scope for further development
13 letting rooms (12 en-suite)
Genuine reason for sale
FREEHOLD


Business History

Meridian Business Sales are delighted to offer for sale this superb hotel which has been established since the 1930's and has been in the careful hands of our clients for the last 7 years. Our clients are reluctantly offering the business to the market due to a desire to take well deserved retirement. Since our clients took ownership of the business they have invested time and money in the business and premises to the point where it is in full walk in condition. They have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new hands on owner operator to further develop the business. Our clients inform us that annual turnover currently runs at £60,000 which is derived from offering welcoming letting rooms to all who wish to visit as well as complimentary breakfasts. The hotel is extremely popular due to its location in the business district and its forward bookings run well into 2014. This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.

Trading Hours: Hours to suit
 
Accommodation: Well presented 4 storey property, briefly comprising:

Secure entrance leading to

Reception/welcoming area

Restaurant with ample dining tables and chairs for approximately 40 covers

Lounge area

Bar with fitted bar servery

Fully fitted kitchen

Storage areas
Toilet facilities

13x Guest letting rooms 12 of which are en-suite
A range of twin, double and family rooms

Owners' Accommodation
Double bedroom
Lounge
Kitchen
Bathroom

EXTERNAL
Paved yard
Parking for 2 vehicles

 
Tenure: We are advised freehold
 
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341 Advert ID 41310    Sellers Ref : 3450/BSOL

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