Hotel for sale

Rooms

Location
Situated in the prime location of Albert Road in the heart of Blackpool’s vibrant Town Centre being close to Winter Gardens, entertainments and all amenities.

Accommodation - Ground Floor
Main Entrance leading to: Hall with Reception. Bar / Dining Room with suspended ceiling with concealed lighting, tables and seating for all guests and bar. Fitted Kitchen with non-slip flooring, central island counter and a range of catering equipment to cater for all guests. Rear Lounge currently used as private lounge.

Accommodation - Lower Ground Floor – Private Accommodation
1 x Master Bedroom with Lounge Area and double doors opening to private garden at the front of the property. 2 x Double Bedrooms. Bathroom with 3-piece suite comprising bath, toilet and sink.

Accommodation - First Floor
2 x Family Bedroom – both En-Suite. 2 x Double Bedrooms – both En-Suite. 1 Single Bedroom – En-Suite

Accommodation - Second Floor
4 x Family Bedrooms – All En-Suite. 1 x Double Bedroom – En-Suite

Accommodation - Third Floor
2 x Family Bedrooms – both En-Suite. 1 x Double Bedroom – En-Suite.

Exterior
There is a recessed decked garden area to the front of the property and a car park to the rear with parking for up to 8 motor vehicles.

Rateable Value
Current rateable value (1 April 2023 to present) £8,200 This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill. Sourced from VOA.

Tenure
Freehold. Title number LA443004.

EPC
Available upon request. Rating C.

Agent Notes
The hotel is centrally heated and has double glazing. All letting bedrooms have flat screen TV’s, room refreshments. The property had a new roof 7 years ago and was rendered and repointed and the roof has a 25-year guarantee. The property has also recently been plastered to the lower ground floor. CCTV installed. Planning Permission was previously passed for a flat roof extension to the top of the property, to add another 2 x generous bedrooms. The hotel has been trading on a limited hours basis due to ill heath but has a regular returning customer base regardless, and there is potential to increase income with extending trading hours.

Business
Accounts on application.

Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. 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 being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers 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. Our verification process is in place to ensure AML procedures are carried out in accordance with the law

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 , Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular 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.