Promenade Promenade, Blackpool, FY1

Substantial Licensed Hotel located in a prime sea front location between Central and South Pier close to all attractions. 20 bedrooms including 19 en suite equipped to cater for 48 guests with Freeview TV's, tea and coffee making facilities and heating to all letting rooms. Ground floor owners accommodation provides a lounge and double bedroom with en suite shower and separate wc with the existing vendors use 5 of the letting bedrooms for private use. The vendors have operated the business since 1988 and are looking to retire from the trade. The spacious property benefits from forecourt parking for 6 cars and offers excellent potential to develop a prime seafront business.

LOCATION: On the Promenade between Central and South Pier.

ACCOMMODATION

Ground Floor: Entrance hall and stairs; bar lounge with corner bar, upholstered seating through to dining room with 40 covers; kitchen with fitted units; private accommodation: Sitting room, bedroom with shower; wc;

Lower Ground Floor: Office and store room with central heating boiler;

First Floor: Residents lounge; 6 en suite bedrooms (4 double, 2 family); separate wc;

Second Floor: 7 bedrooms (4 double en suite, 2 family en suite, 1 large double used as private);

Third Floor: 7 en suite bedrooms (3 double, 2 family, 2 single); 4 bedrooms used as private

Total: 20 bedrooms (19 en suite) plus private sitting room, bedroom, shower & wc.

Exterior: Forecourt parking 6 cars, rear yard and courtyard, garage with electrical roller shutter.

BUSINESS: The business is equipped to cater for 48 guests and includes hot cupboard, 6 burner cooker, dishwasher, 2 Lincat boilers, grill, double deep fat fryer, fridge freezer, etc. A full inventory will be prepared by Kays prior to exchange of contracts. The existing owners have operated the business since 1988 and trade at a level that suits them on 15 letting rooms with a turnover of approximately £40/42,000 per annum. Potential of £85/100,000 if operated fully.

SERVICES: All mains services connected plus majority double glazing, full heating (85% central heating 15% electric), L2 fire alarm (2006).

Viewing STRICTLY BY PRIOR TELEPHONE APPOINTMENT THROUGH OUR OFFICE

Lyric Hotel, 329 Promenade, Blackpool FY1 4QQ

Tenure Type: Freehold

Private Living: Yes