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St. Chads Road, Blackpool, Blackpool, FY1 6BP

Offers Over £160,000Freehold

881

Key Information

Tenure:Freehold
Council tax band:Not available
Broadband:up to 80Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

8 Bedroom Hotel all with En-suite, Caters for 20 Guests
Located within walking distance of the Promenade and local attrractions
Full Refurbishment Undertaken
Turnover of £60,000 per annum with the potential to increase
Private Accomodation comprising of Lounge/Diner, Double Bedroom, Bathroom
Private Parking for 2 cars
Basement for storage
The Hotel can be run remotely with the option to take over current staff contracts

Description

Impressive 8-bed mid-terraced property near the Promenade. Ideal as a boutique hotel with en-suites for 20 guests. Annual turnover of £60,000. Includes private owner's unit, basement storage, and parking for 2 cars. Perfect for investors in the hospitality industry.

Nestled within easy reach of the Promenade and local attractions, this impressive 8-bedroom mid-terraced property presents a lucrative business opportunity as an 8-bedroom boutique hotel, each room complete with an en-suite to cater for 20 guests. Refurbished to a high standard, the property boasts a comfortable private accommodation unit that includes a lounge/diner, a double bedroom, and a bathroom, perfect for owners or managers. Generating a substantial turnover of £60,000 annually, the property offers ample potential for further growth, or could be operated as an Air BnB, attracting both tourists and business travellers alike. Offering the unique advantage of remote operation, this hotel comes with the option to seamlessly take over existing staff contracts, ensuring smooth continuity of service. Additionally, the property features a convenient basement for storage and private parking for 2 cars, ensuring practicality and ease for occupants and guests alike.

Imbued with potential and positioned for success, this property promises a blend of comfort, style, and convenience, making it a must-see for buyers seeking a promising investment in the bustling hospitality industry.

Hallway

Private Lounge/Diner

Private Bedroom

Private Bathroom

Kitchen 8' 8" x 13' 4" (2.65m x 4.06m)

Family Guest Room 1
2 inter-connecting bedrooms with shared en-suite

Basement

Landing

Family Guest Room 2
2 inter-connecting bedrooms with shared en-suite

Guest Room 3
With en-suite

Guest Room 4
With en-suite

Landing

Family Guest Room 5
With en-suite

Guest Room 6
With en-suite

Guest Room 7
With en-suite

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Payment Calculator

Mortgage

Estimated Monthly Mortgage Payment:
£842 /mo.25 Years, 5% Interest
Loan
£144,000
Total Repay
£252,543

Stamp Duty

You’ll have to pay the stamp duty of:
£0

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