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Colonial Hotel 465-467 Promenade, South Shore, Blackpool, Lancashire, FY4 1AR

Hotel

To Let: £40,000 per annum exclusive

Colonial

SOLD

Colonial

Key Features

BUSINESS INGOING PRICE: £69,950

40 BEDROOM LICENSED HOTEL - 30 EN-SUITE

SOUTH SHORE, BLACKPOOL

PROMINENT PROMENADE LOCATION WITH SEA VIEWS

CLOSE TO PLEASURE BEACH, ENTERTAINMENTS AND AMENITIES. REGULAR CLIENTELE.

RESTAURANT. LIFT TO ALL FLOORS. FORECOURT PARKING.

CURRENTLY UNDERGOIING WORKS TO OPEN A PUBLIC HOUSE WITHIN THE HOTEL

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Property description

We are pleased to offer for sale this Substantial Leasehold 40 Bedroom Licensed Hotel which is situated in a popular South Shore Promenade location, convenient for Pleasure Beach, Entertainments and amenities.
Leasehold – We are informed there is a 6yr Lease from 2007 (F.R.I.) at a Rent of £50,000 per annum. (increasing to £55,000 at the 3rd year)

What are we like to work with?

"I have used Duxbury’s Commercial now for over 10 years and they always provide an excellent service whether it be property lettings, sales or valuations. Clare in particular goes out of her way to help and always keeps me updated throughout. An excellent commercial agency and would highly recommend"