OUTSTANDING HOTEL WITH 36 EN-SUITE BEDROOMS
Price:
Freehold - £549,000
Location:
Lancashire , Blackpool
OUTSTANDING HOTEL WITH 36 EN-SUITE BEDROOMS
Private car parking for 24 vehicles which is essential for a business of this nature
Excellent and spacious 3 bedroom private owners’ accommodation
Superb trading location within a leisurely walk of the town centre
Annual turnover of £100,000 with good gross profits
Superb 80 cover dining/function room
Early viewing is strongly advised
Scope for further development
FREEHOLD
Business History
Meridian Business Sales are delighted to offer to the market this superb 36 letting room hotel all with en-suite and outstanding 3 bedroom private owners’ accommodation which has been established since C.1950 and has been in the capable hands of our client since 2004. The only reason this wonderful opportunity is being made available is so our client can concentrate on his other business interests in the South of England. Since owning the business our client has invested heavily on the premises and business to the point that they are in full walk-in condition for any prospective purchaser. We are advised of an annual turnover of £100,000 which is derived from the letting of the hotels rooms and an extremely popular and busy licensed bar. The business has a superb reputation and benefits from a high percentage of repeat and regular customers and currently has in place a very healthy forward order book. The business has a number of commercial contracts in place with coach companies that use the hotel throughout the year and also benefits from it’s affiliation with a number of online booking agents which maintain a steady stream of bookings both in and out of the season. The business is also extremely popular over the Christmas and New Year period, largely due to its outstanding restaurant and bar facilities. The business does also have great scope for further development, as due to our client’s geographical location it is not run to its full potential, meaning a more aggressive marketing strategy could prove to beneficial. The business has outstanding facilities and has the scope to expand into other areas including providing wedding and conference facilities which is not currently pursued. The hotel has a substantial 24 vehicle private car park which is extremely desirable and a fully functional website is also included in the sales price. This is a wonderful opportunity to purchase a thriving business with great scope for potential improvement and as such early viewing is strongly advised as this business is not to be missed.
This superb hotel is located in a main road position just outside the town centre of Blackpool in Northwest England. It enjoys a wonderful trading location and is ideally situated within a short leisurely walk of some of the towns most famous attractions including The Winter Gardens, The Blackpool Tower and also The Promenade. It is surrounded by a wealth of complimentary businesses providing ample opportunities for passing trade. 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 world famous illuminations. The town is enjoying a great revival with substantial investment and an increased profile with a number of high profile companies investing in the town bringing great new attractions such as the newly opened Nickelodeon Land. Blackpool is reached easily and has superb road and rail links, the M55 motorway is within a short drive providing
Established C.1950, formerly 2 properties made into 1 substantial building, ideal central location with superb 24 vehicle private car park, briefly comprising:
GROUND FLOOR
Feature double door entry leading to welcoming reception area with comfortable lounge style seating.
Left of reception leads to large licensed bar area with wall mounted televisions and integrated sound system, pool table and superbly presented main bar providing access to ground floor cellar.
Ladies and gents toilet facilities.
Walk through to highly equipped and spacious commercial kitchen.
Access to restaurant and rear car park.
Walk through to owners’ private 3 bedroom accommodation with private lounge and family bathroom.
Right of main reception leads to exceptional 80 cover restaurant/function room.
Additional private bar with dance floor.
Access to kitchen.
Ladies and gents toilet facilities.
Access to rear yard.
FIRST FLOOR
All guest bedrooms have en-suite bathrooms, televisions
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