Hotels and Motels for sale in Lytham St Annes

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Aparthotel - Lytham St Annes, Lancashire

Lytham St Annes, Lancashire, England

  • Freehold Price: £1,695,000
Seller Reference: KBT47922
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: KBT47922
Request Details
Business Description
* Exquisite 4 star rated serviced aparthotel offering 12 suites
* Accessible and sought after affluent seaside town, superbly refurbished throughout
* Turnover £126,436 (7 months) approximately generating
strong profits
* Separate 3 bedroom owner’s accommodation, retirement sale, viewing highly recommended

DESCRIPTION
This is a unique opportunity to acquire an exquisite 4 star rated Aparthotel which
is located in the charming Lancashire town of Lytham St Annes on the Fylde Coast.
The Old School House occupies a convenient and accessible location at the
junction of Clifton Drive South and York Road in a highly sought after and affluent
residential area, just a short stroll from the promenade with its bandstand,
gardens and Victorian Pier. The town centre and its wide selection of shops,
restaurants and local amenities are just a short walk away with the town’s train
station, public transport facilities, major motorway links all close at hand. It is also
situated within easy reach of the world-famous Royal Lytham & St Annes Golf
Club which periodically hosts the British Open.
The Old School House operates from a commanding and highly visible double
fronted detached Victorian residence, which has been carefully modernised
during 2019 to an exceptionally high standard. The current owners have been
sympathetic to the character of the property, retaining many original period
features including parquet flooring, high skirting boards, ceiling covings and a
feature stained glass window.
The Old School House now provides nine self-contained serviced apartments,
carefully modernised during 2019 to an exceptionally high standard, located
across three floors with a separate two storey annex located to the rear of the main
building providing three self-contained serviced apartments. In addition, there is
another self-contained three-bedroom owner’s accommodation occupying the
first floor.
All of the 12 apartments are superbly appointed throughout with fully equipped
fitted kitchens, quality furniture and furnishings, flat screen televisions and free
WiFi.
The Old School House is a successful and thriving business yet still offers genuine
scope for future development. All of the twelve apartments are superbly
appointed; therefore, it represents a first-class acquisition for an ambitious family
unit who can build on the solid foundations that have been laid, enjoying the
lifestyle and financial rewards a business of this stature generates.
To fully appreciate this fantastic opportunity, viewing is highly recommended to
avoid disappointment.
TURNOVER
£126,000 approximately based on 7 apartments open April to July. The following
three months (August to October) 9 apartments open. The following five months
(November to March) all 12 apartments open.
ACCOUNTS
Accounts will be available following viewing.
STAFF
Managed by the owners.
BUILDING EXTERNAL
The commanding and highly visible double fronted detached property with a
large double integral garage has been carefully and sympathetically refurbished,
providing nine self-contained serviced apartments located across three floors.
The property has a separate two storey annex located to the rear of the main
building, providing three ground floor self-contained apartments with another
large self-contained owner’s accommodation occupying the first floor.
The property has well-tended, mature landscaped gardens to both the front and
side elevations for guests to enjoy, particularly in the warmer months. There is a
large double integral garage and a private car park for approximately 14 vehicles.
BUILDING INTERNAL
The beautifully appointed accommodation spread over three floors provides a
blend of traditional apartments with two modern, contemporary suites situated
on the second floor. Located to the rear of the main building is a further three
self-contained apartments on ground level and a very large self-contained
three-bedroom owners apartment to the first floor.
The apartments provide a mixture of sizes and configurations to suit a wide
range of travellers needs and all have fully equipped fitted kitchens, quality
furniture and furnishings, flat screen televisions and free WiFi.
The letting accommodation is summarised below:
GROUND FLOOR
Apartment 1 (sleeps three) – Living room with bay window, fitted kitchen,
bedroom with a double and single bed and shower room.
Apartment 2 (sleeps five) – A very spacious and versatile living space with a light
dual aspect living room with dining area, two double bedrooms, single bedroom,
fitted breakfast kitchen, bathroom with contemporary walk in double shower
enclosure.
Apartment 3 (sleeps two) – A light dual aspect living room, fitted kitchen, double
bedroom, dressing room and bathroom.

FIRST FLOOR
Apartment 4 (sleeps two) – Living room, fitted kitchen, double bedroom and
bathroom.
Apartment 5 (sleeps four) – Living room, fitted kitchen, one double bedroom one
twin bedroom, bathroom.
Apartment 6 (sleeps four) – Living room, fitted kitchen, one double and one twin
bedroom, bathroom.
Apartment 7 (sleeps five) – Living room with a sofa bed, fitted kitchen, one
double and one single bedroom, bathroom.
SECOND FLOOR
Apartment 8 (sleeps five) – A modern contemporary suite with a dual aspect
living/dining area, fitted breakfast kitchen, bedroom 1 with a double and single
bed, bedroom 2 with single bed, bedroom 3 with single bed, modern bathroom.
Apartment 9 (sleeps five) – A modern contemporary suite with a spacious,
comfortable living room, fitted breakfast kitchen, bedroom 1 with a double and
single bed, bedroom 2 with double bed, modern bathroom.
LOWER GROUND BASEMENT
The lower ground floor has been recently renovated and provides two large open
plan rooms with a further four rooms currently configured as a utility room, dry
store, second storage room and workshop.
This space is relatively unused and provides a fantastic opportunity to introduce
another revenue stream such as a coffee shop, bistro, conference room etc.
SEPARATE ANNEX ACCOMMODATION
Apartment 10 (sleeps two) – Living room, fitted kitchen, double bedroom with
en-suite.
Apartment 11 (sleeps two) – Living room, fitted kitchen, twin bedroom with en
suite.
Apartment 12 (sleep two) – Living room with an open plan fitted kitchen, double
bedroom with en suite.
RESIDENTIAL ACCOMMODATION
The self-contained first floor owner’s accommodation is presented to a high
standard offering spacious living quarters which are tastefully appointed.
The accommodation briefly comprises: A generous principal living room with
a feature fireplace, conservatory, fitted breakfast kitchen with a good range of
units and a dining area, master bedroom with an en-suite shower room, double
bedroom, a further double bedroom/ office and a family bathroom with a spa
bath.
TENURE
We are advised that the buildings are owned by our clients and the land is held
on a ground rent of £6.84 per annum. The ground lease is for the remainder of
999 years.
SUMMARY
This is a unique opportunity to acquire an exquisite refurbished property and
a successful business which is located within such a desirable and affluent
setting. Only now being offered for sale due to retirement, viewing is highly
recommended to avoid disappointment.
Is accommodation included?:
Yes
Number of bedrooms:
3
Listed by:
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