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Established Licenced Hotel in Blackpool Lancashire for Sale by Hilton Smythe

Blackpool, Lancashire
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Well established licenced hotel for sale. Photo 1
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  • Status

    FOR SALE

  • Date Submitted:

    20/10/20

  • Advert ID

    268110

  • Reference

    B05943 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £299,995
  • Turnover: £73,908 (£1,421 Per week)
  • Net Profit: £19,330 (27% Profit margin)

Business Details

Well established licenced hotel for sale.

Business
Please quote reference B05943

CoGoGo are delighted to welcome to the market this stunning, well-established licenced guest house business with an enviable reputation. Stafford Hotel has been trading for many years & most recently under the ownership of our clients and only now is being offered for sale due to our client’s desire to retire from the industry.

The business has an excellent reputation with guests for the high-quality service, excellent accommodation and delicious breakfast cuisine, which has resulted in a loyal client base, with a lot of repeat trade and word of mouth referrals all resulting in many positive reviews. The business attracts bookings from all over the UK with many of these being repeat visitors due to the quality accommodation on offer.

Over the last few years, the guest house itself has undergone a programme of refurbishment and can now be found in outstanding condition throughout.

The turnover is generated by offering a mixture of 16 en-suite letting rooms, along with a guest lounge & bar with pool table area with breakfasts being served in the dining area that can accommodate approximately 44 covers. The hotel further benefits from having a spacious fully fitted commercial kitchen area.

The guest house has an excellent website in place to advertise the business and the services offered along with the option to book a room. The guest house also benefits from free parking to the rear of the property.

A tremendous opportunity to own this highly desirable, turnkey business, and early enquiries must come highly recommended to avoid disappointment.



Location
The Stafford Hotel occupies a substantial premises, which is ideally located within the thriving tourist destination of Blackpool in Lancashire.

The business is surrounded by complimentary businesses and benefits from car parking facilities within the area, as well as a high volume of footfall and passing trade.

Blackpool is a tourist hotspot with visitors to the town throughout the year, boasting many attractions such as the Pleasure Beach, Blackpool Tower and of course Blackpool Illuminations. The town has an estimated population of 142,000 residents, and a population density that makes it the fourth most densely populated borough of England and Wales outside Greater London.

The area of the business is well served by the public transport system, with several bus stops within easy walking distance of the property. Blackpool North Railway Station is just over half a mile away and Blackpool South Railway Station 2 miles from the property.

The area is also well-served by the A-roads, with the A5073 being within easy driving distance, which links to the vast A-road and motorway networks. Blackpool is 17.5 miles north west of Preston, 27 miles north of Liverpool, 30 miles north west of Bolton and 40 miles north west of Manchester.



Premises
The business is located within a substantial traditional property & consists

Ground Floor: Guest lounge area with bar and pool table, owners lounge area & double en-suite bedroom

Lower Ground Floor: Dining room area with facilities to cater for 44 covers, modern, fitted, and spacious kitchen, utility & laundry area. Access to rear car parking.

First Floor :

  • Double en-suite
  • Family en-suite (sleeps 3)
  • Family en -suite (sleeps 4)
  • Family en-suite (sleeps 3)
  • Double en-suite
Second Floor :

  • Small Double en-suite
  • Double en-suite
  • Double en-suite
  • Family en-suite (sleeps 4)
  • Family en-suite (sleeps 3)
  • Family en-suite (sleeps 3)
Third Floor:

  • Family en-suite (sleeps 3)
  • Double en-suite
  • Double ensuite,
  • Family en-suite (sleeps 4)
  • Family en-suite (sleeps 3)
The business further benefits from have private parking to the rear of the property that can accommodate 3 vehicles.



Tenure
We are advised that tenure is offered on a freehold basis.



Hours
The business currently operates to suit the needs of the individual guests over a 12-month period.



Staff
The business is run & managed by the current owners.



Financial Profile
Please quote reference B05943

The business reported a turnover up to April 2020 at £73,903.



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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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