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112 Palatine Road, Town Centre, Blackpool, Lancashire, FY1 4DS

Investment

For Sale: £80,000

Doonaree

WITHDRAWN

Doonaree

Key Features

Licensed 10 bedroom guesthouse

Within close proximity to the town centre

The guesthouse is occupied by tenants at a rental of £5,000pa on a 12 year lease from 2005

Available to purchase as an investment and is priced accordingly

Viewing recommended

How to find out more…

If you have any questions about the property or would like to book a viewing, please get in touch with us via our contact page or the enquiry and viewing buttons above.

Property description

This three storey stone fronted mid terraced property is located just off Park Road within close proximity to the local college and town centre. A licensed 10 bedroom guesthouse catering for approximately 28 guests. The ground floor accommodation consists of a bar lounge, dining room suitable for 16 covers with a private lounge and kitchen. Additional accommodation can be found to the lower ground floor comprising of an en-suite bedroom and lounge. The trading accommodation is set over the first and second floors boasting a variety of double, family and triple rooms. The guesthouse is currently occupied by tenants, on a 12 year lease which commenced 29th April 2005. The initial rent is £5,000 per annum with rent reviews every 3 years on a full repairing and insuring basis. This property is available for purchase as an investment and is priced accordingly. All viewings are available by prior appointment through our office; strictly no approach is to be made to the guesthouse direct.

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"