Hotel
A fifteen-bedroom hotel in Blackpool. Producing in excess of £100,000 over the past year.
A fifteen-bedroom hotel situated in the North Shore area of Blackpool. The property has been fully renovated since the current owner purchased it in 2012 including a new roof, a new L2 fire alarm system which is serviced bi-annually and all new en-suites fitted to all en-suite rooms.
The property is ideally positioned, close to all necessary amenities and all the attractions and nightlife that Blackpool has to offer. There are excellent transport links in the area including Blackpool North Train Station, regular bus services and excellent road links. There is also a tram service providing easy access to Blackpool Pleasure Beach and the Sandcastle Waterpark.
When full, the hotel can accommodate 38 guests and the owner has advised they have a loyal customer base, who always book directly. The hotel is full every weekend, even in winter months producing in excess of £100,000 over the past year.
A full breakdown of the accommodation can be found below
7 x Double Ensuite
1 x Double Shared Shower and Toilet
2 x Triple En-suite sleeps 3 people
2 x Family rooms sleep 4 people
1 x Family En-suite room sleeps 5 people
1 x Twin En-suite
1 x Single Shared Shower and Toilet Room
The Hotel also has a fully licenced Bar and Lounge area.
We have not been provided with evidence of income and cannot therefore clarify the figure referred to in our marketing. Prospective buyers are advised to make all necessary independent enquiries prior to placing their bid as this will be binding.
Freehold. Vacant possession upon completion.
Auction Details
The sale of this property will take place on the stated date by way of Timed Auction and is being sold under an Unconditional sale type.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees
The following deposits and non- refundable auctioneers fees apply:
• 5% deposit (subject to a minimum of £5,000)
• Buyers Fee of 4.8% of the purchase price (subject to a minimum of £6,000 inc. VAT).
The Buyers Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve Price
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or - 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
