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Superb 13 Letting Room Hotel

Blackpool Lancashire
SUPERB 13 LETTING ROOM HOTEL - LANCASHIRE Early viewing is highly recommended Excellent location off busy main road
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 67375
ADVERT IMPRESSIONS : 13,994 TIME(S)

 
BUSINESS SECTOR: Hotels / Pubs / Accom
TRADE TYPE: Guest Houses
SALE: Agent Sale

FREEHOLD:

£159950
 

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BUSINESS DETAILS:

SUPERB 13 LETTING ROOM HOTEL - LANCASHIRE
Early viewing is highly recommended
Excellent location off busy main road
Advised annual turnover of £15,000
Reluctant sale due to retirement
Potential to increase revenue
Open all year round
FREEHOLD


Location

This 13 letting room hotel, is set off a busy main road in South Shore, Blackpool. The property is in an ideal location, with easy access to shops, pubs, bars, nightclubs, Blackpool Tower, piers, and other main attractions. Located on Lonsdale Rd, just off Lytham Road, it is approx 5 mins from the M55 Motorway. The hotel is also located just a 2 minute walk from Blackpool FC's football ground Bloomfield Road, and attracts a lot of off season trade from this alone.




Business History

Meridian Business Sales are delighted to offer to the market this 13 bedroom hotel which has been in careful hands of our clients since 2005. Our clients are reluctantly offering the business to the market due to unfortunate ill health and their desire to take a well deserved retirement. Since our clients took ownership of the business they have run the hotel 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 15,000, this could easily be increased, as the potential is huge. The current owners, due to their age have not marketed the hotel in recent times, signifying the fact that with the right owner and foresight, this business could easily be made a lot more lucrative. 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 business is not to be missed.


Financial Profile

Turnover: £15,000pa
Stock approximately: £1,000


Tenure

We are advised freehold


Opening Hours

Trades all year round


Accommodation

The property boasts 13 letting rooms, and they are all double or family rooms, all decorated to the highest standard. The hotel is fully licensed, and has a bar/TV room and lounge on the ground floor. The dining room is tastefully furnished and has a capacity for 32 covers.

Ground Floor
6 letting rooms, fully licensed bar with pool table, TV, and fruit machines.

First Floor
7 letting rooms, main bathroom with WC and shower, sperate shower room and WC

BASEMENT (LOWER GROUND FLOOR)
Owners' accommodation boasts 2 double bedrooms, separate bathroom with shower and a large private lounge.

EXTERNAL
Ample parking is available on the street outside
   
  FOR SALE
   

REFERENCE:

2736 / RightBiz
   
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