FOR SALE
23/07/23
517026
17 Room Family Hotel with 3-bed apartment.
Multiple revenue streams - As well as the guest rooms the property features an Ice Cream Kiosk & Public Bar with superb footfall due to the central Promenade location.
There are only 1 or 2 hotels on the Promenade closer to Madame Tussauds and the Blackpool Tower. All the major attractions are within walking distance making this area of Blackpool one of the most in demand.
Brilliant reputation with many repeat customers and excellent reviews online.
Very good turnover for a hotel of this size. Over £145K last year even with 3 of the large family rooms closed all season for full renovations. Estimated turnover with all rooms open £175K
Outdoor seating for bar / ice cream kiosk on the prom with sea views for approx 25-30 people.
Walk in and start trading - Everything is fully furnished and ready to go from day 1.
Mostly the room are large family sized rooms. 5 are doubles. All the rooms have ensuites, 9 of which have baths with a shower over them, and the top floor have shower cubicles. Every room is fully furnished as part of the sale. There is ample storage space on each floor to enable easy cleaning, plus a large room for storage on the ground floor. Large public toilet on the ground floor for bar customers. Total room occupancy is approx 60.
The 3 bed apartment is a huge space and has recently been rebuilt to a high standard. Can be used as owners accomodation, or let seperately. A large double room with its own kitchen area could be used for smaller owners accomodation, or easily joined to the apartment to make it 4 bedrooms, which is how it is currently being used by the owner's family of five. The refurbishments have been designed to allow for flexibility of use.
There is a larger than average for Blackpool private and secure courtyard accessed from the owners accommodation on the lower floor.
The owners have spent 5 years renovating the property and building up a really strong hotel and bar business with lots of returning loyal guests and local customers.
Blackpool is a very popular destination, with a longer than normal tourist season due to the famous Blackpool illuminations attracting guests from all over the world throughout the winter months now that the illumiantions season has been extended permanently through until the New Year. The fantastic beachside accommodation guarantees high occupancy rates and the high standard renovations guarantee happy returning customers.
Currently only trading for 9 months per year, the owner's have been spending the winter renovating, so there is potential to add further profits by opening all year.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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