Hotel for sale

Promenade, Blackpool FY1

Summary

For sale via auction - fees, terms and conditions apply.

On behalf of Pattinson Auctions, Kenricks are delighted to offer this 17 bedroom licensed hotel for sale.

This substantial 3 storey sea front property is situated on the prestigious South Promenade in Blackpool, positioned between Central Pier and South Pier being close to entertainments and amenities.

The property is trading on a weekend only basis and offers great potential to increase trade.

Please note we have not inspected this property.

Location

This substantial 3 storey sea front property is situated on the prestigious South Promenade in Blackpool, positioned between Central Pier and South Pier being close to entertainments and amenities.

Accommodation - Ground Floor

Ground Floor
Main Entrance leading to:
Hallway.
Reception
Bar Lounge with upholstered seating for up to 45 guests and a feature bar (4 beer lines)
Beer Store / Still Room
Sunlounge with mixed seating for 20 guests & pool table.
Dining Room catering for 28 guests.
1 x Toilets.
Office
Substantial Commercial Kitchen with a range of catering equipment and utensils.
Commercial Utility Room with 1 dishwasher, and store with additional dishwasher
Staff Toilet.

Accommodation - Lower Ground Floor

Private Accommodation - with separate entrance (ie not through hotel)
Bathroom with 4-piece suite.
Lounge.
Master Bedroom - En -Suite
Double bedroom
Additional double bedroom with sink
Fitted Kitchen
Dining room
Laundry room

Accommodation - First Floor

7 Double Bedrooms - All En-Suite.

1 Twin Bedroom - En-Suite.

2 x Toilets

Accommodation - Second Floor

8 Double Bedrooms - All En-Suite.

1 Twin Bedroom - En-Suite.

Accommodation - Exterior

Car park to the front providing parking for 2 motor vehicles. Car park to the rear with parking for 3 motor vehicles. Small enclosed yard.

Agent Notes

The hotel is double glazed and has central heating. L2 Fire Alarm System. There are room refreshments and T.Vs to all bedrooms. The majority of the bedrooms also have a refrigerator. We are informed that an agreement is in place with a separate party which provides 6 additional parking places in the vicinity, with the option for additional spaces on top of this.

Sale subject to the fees, terms and conditions of Pattinson Auctions.

Business

The hotel is operating on a weekend only basis. Accounts will be made available on application. Potential to increase turnover.

Tenure

Freehold, title number LA561585.

EPC

Rating C

Additional Information

For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done strictly by appointment.

Auctioneers Additional Comments

Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.

Auctioneers Additional Comments

The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.