£120,000

Hotel for sale

  1. Property photo 1 of 16.
  2. Property photo 2 of 16.
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Guide price

£120,000

(£60.58/sq. ft)

Hotel for sale

Reads Avenue, Blackpool FY1

1,981 sq. ft

Local area information

Property location

Nearby amenities

  • Blackpool St John's Church of England Primary School 0.4 miles
  • Revoe Learning Academy 0.5 miles
  • Blackpool North 0.7 miles
  • Blackpool South 0.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Blackpool to find out more about the local area.

Features and description

  • Trading 5 Bedroom Hotel, Licensed Bed & Breakfast
  • Close Proximity To The Promenade, Local Attractions, Retail Shops, Restaurants And Bars
  • Located In Blackpool Centre
  • Fantastic Transport Links, 5 Minute Drive From Blackpool North Train Station
  • 5 Bedrooms, Accommodating Up To 14 Guests
  • Private Living Quarters Including Lounge, Kitchen, Bedroom, Bathroom And Utility Room
  • Off Road Parking To The Front For 2 Cars
Summary

*For sale via secure sale online bidding: Terms and conditions apply.*

We are pleased to offer to auction this fantastic opportunity presents itself with this exceptional 5-bedroom terraced hotel, offering a lucrative Licenced Bed & Breakfast business.

Strategically situated in the heart of Blackpool Centre, this property stands in close proximity to the famous Promenade, assorted local attractions, vibrant retail shops, and an abundance of dining and entertainment options. Effortlessly accessible with fantastic transport links, it is merely a 5-minute drive away from Blackpool North Train Station, ensuring convenience for both guests and proprietors alike.

Boasting 5 tastefully appointed bedrooms, capable of accommodating up to 14 guests, this hotel comprises 2 family rooms, 2 double rooms, and 1 single room, all complete with en-suite bathrooms, along with a separate 3-piece suite shower room to cater to the discerning needs of each visitor. The private living quarters offer a cosy respite, presenting a lounge, kitchen, bedroom, bathroom, and utility room for the utmost comfort and functionality.

With off-road parking to the front for 2 cars, this trading hotel recorded a turnover of approximately 33,000 in 2024, ensuring a sustainable investment opportunity for the savvy buyer.

For more details please visit the hotel website using the following link:

Please note we have not inspected this property.

Location

The subject property is located along Reads Avenue, Blackpool. The property is located in a busy year-round trading location, close the famous Blackpool Promenade which is approximately a 10 minute walk away. Blackpool is situated 17 miles west of Preston, 49 miles north west of Manchester and 33 miles south west of Lancaster.

Accommodation

Entrance Vestibule
1.05m x 1.42m

Hallway
3.31m x 1.06m

Dining Room
3.36m x 4.68m

Private Lounge
3.35m x 4.43m

Kitchen
2.75m x 2.92m

Private Bedroom
4.50m x 2.72m

Bathroom
2.17m x 1.50m

Utility Room
4.65m x 2.29m

1st floor Landing

Bedroom 1
4.53m x 4.64m

En-suite
1.87m x 1.14m

Bedroom 2
3.12m x 2.55m

En-suite
2.94m x 0.74m

Bathroom
2.13m x 1.11m

2nd Floor Landing

Bedroom 3
3.66m x 3.75m

En-suite
1.93m x 0.77m

Bedroom 4
3.16m x 2.55m

En-suite
1.11m x 1.91m

Bedroom 5
2.90m x 2.76m

Parking Spaces
Off street (Capacity: 2). Off road parking to the front.

Tenure

Freehold. Title number LA617675.

Council Tax

Band A.

Rateable Value

The current rateable value is 2,550 (1 April 2023 to present).

Sourced from voa.

EPC

Available upon request (rating C).

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

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 of 6,000 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.

Floor plans and tours

Floor plans (4)

Floor plan 1
Floor plan 2

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

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  1. Zoopla
  2. Commercial for sale
  3. Lancashire
  4. Blackpool
  5. Reads Avenue