EXCEPTIONAL 39 ROOM SEAFRONT HOTEL
Price:
Freehold - £1,300,000
EXCEPTIONAL 39 ROOM SEAFRONT HOTEL - BLACKPOOL
Highly sought after & visible Promenade location
Superb £470,000 turnover per annum and very profitable
39 en-suite letting rooms with spacious and beautifully presented 3 bedroom owners accommodation
Close to all major attractions
Fantastic reputation both locally and nationally
39 well appointed guest rooms
Established over 120 years, family-owned since 1950's
Business offers complete lifestyle change
Early viewing recommended to fully appreciate
FREEHOLD
Business History
Meridian Business Sales are delighted to offer for sale this well established, well known and highly regarded business that was founded over 120 years ago and was one of the first properties built for visitor accommodation on the Promenade.
This exceptional hotel has been in our clients' family for the past 48 years and is only now being offered to the market due to their wish to retire. The business has had a huge amount of time and money spent on it to the point where it truly is in walk-in condition and comes with future bookings well into the next year. Over 65% of bookings are for bed, breakfast and evening meals owing much to the standard of service, location and excellent value for money this terrific hotel has to offer. Boasting 39 letting rooms, all of which have either modern en-suites or baths, televisions, central heating and tea/coffee facilities, this substantial and highly profitable hotel is very impressive. The main guest lounge and bar area is fantastically located above sea and road level offering visitors stunning sea and 'prom' views. There is a large dining room and games room on the lower ground floor along with the wonderful owners accommodation. The business has a fantastic reputation for offering cabaret and live entertainment acts throughout the year and enjoys tremendous levels of repeat trade.
The owners accommodation is very spacious and presented to the highest of standards with 3 very large bedrooms along with a large lounge and separate dining kitchen. There is huge scope for further development to increase the already high turnover as prices are very modest for the size and amenities the hotel has to offer.
Our clients are currently running the business at a pace that suits and new owners, with the vision and energy to introduce further dimensions, could take the business to the next level. Rarely do such excellent hotels come to the market and we feel this is an ideal business venture for those seeking a complete lifestyle change and early viewing is strongly recommended.
The business enjoys a highly sought after and ideally situated location on the famous Blackpool seafront, 'The Golden Mile'. All the major attractions including Blackpool Tower, the Pleasure Beach and the bustling town centre are all just a short walk away. The extensive sandy beach with its 3 famous piers has lots of attractions for the family. The North Pier with its many entertainment shows and the incredibly popular and exciting Blackpool Pleasure Beach has some of the most spectacular and innovative rides in the world. It is surrounded by a wealth of complementary properties, shops, businesses, restaurants and cafes. The world renowned Blackpool Illuminations create an extended holiday season but this really is an all-year-round tourist destination. The business is situated approximately 4 miles from the M55 motorway that gives access the countrywide motorway network.
Substantial, part double glazed, 4 storey hotel with impressive frontage and welcoming front patio and entrance. Briefly comprising;
LOWER GROUND FLOOR
Dining Room: Tables and seats for 100 covers in complete self-service buffet-style arrangement. Fully equipped with hot plates, bain-maries, soup kettle, fridges, coffee machines. Presented with half carpet/half wood flooring with large front windows.
Games Room including disabled access to hotel from rear yard: shuttered bar area (unused), pool table and 3 fruit machines. (Machines & pool table on rental)
Owners accommodation: large lounge with wood flooring and ornate fireplace, large dining kitchen with fitted units and integrated appliances, 3 double bedrooms, 3 piece bathroom, utility room leading to boiler room and secure storeroom.
Kitchen: fully equipped catering area split into 3 rooms for wash-up, preparation and cooking. Dry store room and WC.
GROUND FLOOR
Main entrance with reception desk and seating. Reception
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