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12 High Street, Blackpool, FY1 2BL

£219,000

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
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SECTOR

5 bedroom guest house for sale

USE CLASSUse class orders: C1 Hotels

C1

Key features

  • Quality guest house adjacent to the train station
  • 5 spacious en suite bedrooms
  • Owners accommodation occupies the whole of the ground floor
  • Private garage and 2 permit parking spaces
  • Excellent TripAdvisor and customer reviews, viewing recommended

Description

Pride Lodge is now operated on a VERY limited basis with great scope for any new owner to easily realise the full potential available to expand as required. Currently only open on a summertime, seasonal basis to suit owners who are now partially retired after many successful decades in the hospitality industry. Having only 5 rooms it would be quite easy to achieve full occupancy for the most part of the Spring and Summer if required with the added option of additional Winter trading.

At current tariffs the property achieves a maximum of £470 per night, as and when open. (at full REV.PA.R.) without any additional food and drink sales. If new owners chose to include the 6th room (currently as a sauna suite) this would then rise to a potential of £570 per night.

The current owners have no need to advertise or pay agencies for their current level of business and are VERY selective of the guests they choose to accommodate. The property is recognised by Trip Advisor (and has been for several years) as being within the TOP 10% Worldwide for having the BEST guest reviews. In fact, this can be seen as it has almost 800 reliable, genuine, top rated reviews to it's name! Established in 2007 and enjoying a very respected reputation as one of the key providers of accommodation for the LGBTQ+ community, as it's core market.

Operating now on a 'room only' basis with a simple, in room cold option breakfast. New owners could easily operate the business 'as is' without the need to employ staff. At a higher than average tariff, Pride Lodge is able to produce much better gross and net profit %'s. than many of it's counterparts. In the correct hands, the business could provide an excellent opportunity to continue and carry this forward.

Spacious private accommodation at the property covers the entire ground floor, which is very unusual for this type of local business, including gardens and garage parking, situated in the centre of town, adjacent the train station, new developments and regeneration quarter. The property also offers a unique 'green' wide and prominent outlook, being in an enviable, end, corner position with open aspects toward the station grounds and not being overlooked from the front elevation in any way.

A perfect opportunity as a 'home with an income' maintained to an excellent standard throughout, easily carried forward with little or no material or operational changes required.

LOCATION
On High Street opposite Blackpool North train station adjacent to the town centre & Funny Girls Cabaret Bar.

GROUND FLOOR
Vestibule entrance hall; reception & office; owners lounge with bay window; contemporary modern fitted kitchen, double fridge freezer, 4 burner hob & double oven, dishwasher; conservatory utility area; bathroom with double shower, wc, wash hand basin and vanity unit; double bedroom.

FIRST FLOOR
Sauna room with 6 person Infra Red Sauna, multi gym, sun canopy, massage table, steel lockers, occasional furniture with seating, shower & wc (previously double super king en suite bedroom easily re-instated if required ); king size double en suite; double/single en suite; boiler tank room;

SECOND FLOOR
1 king size double en suite; 2 super king size double en suite; storage cupboards;

EXTERIOR
Hot tub garden with mature shrubs, infra-red heaters; garage with power, light and water plus electric roller shutter door; front garden area. Store room with power light and water.

BUSINESS
The business is very well equipped with all rooms having tv's, tea/coffee making facilities, hairdryers, fridges, central heating & double glazing. The vendor operates the business on a B & B basis with breakfast served to the room. All bookings generated organically with no online booking portal. Turnover in the region of £7,000 per month. Pride Lodge holds a 2022 award by Trip Advisor for being placed in the top 10% for hotel guest reviews - WORLDWIDE. Owners wishing to retire after 16 successful years and now trading on very limited openings by choice. Above average gross and net % margins, with huge scope to increase. Excellent opportunity to increase business by online booking portals and longer trading period. The quality of guest accommodation commands higher than average tariff.

SERVICES
All mains services, gas central heating and double glazing.

Brochures

12 High Street, Blackpool, FY1 2BL

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool North Station0.0 miles
  • Layton Station1.2 miles
  • Blackpool South Station1.6 miles

About Kays Peake Properties Ltd, Blackpool

227-229 Church Street, Blackpool, FY1 3PB

Established in 1948 KAYS Commercial Estate Agents have been selling businesses and hotels across the Fylde coast, Blackpool and the surrounding areas of Lytham, St Annes, Thornton Cleveleys, Fleetwood, Kirkham, Garstang and Preston.

As business transfer agents we specialise in the sale and leasing of hotels, guest houses, bed & Breakfast accommodation, cafes, restaurants, retail businesses, self-catering holiday apartments, care businesses together with commercial premises including shops, warehouses, offices and industrial premises.

KAYS have a wide range of experience and expertise in dealing with residential, commercial and mixed use investment properties in Blackpool and the surrounding area. Within our business and hotels for sale we offer a full management service for landlords from acquisition, disposal, management and maintenance with the aim of maximizing yields and investment returns.

Whether you are looking to buy a business or premises for your own use, a first time investor or a landlord looking to add to your existing portfolio KAYS can offer you a friendly, professional, effective and efficient service.

KAYS also provides a full residential and commercial management service within Blackpool and further surrounding areas. The ultimate goal is to maximise the value of the asset through effective property management strategies which will maximise the long term value of the property. By listening to our clients and their tenants we ensure that we are continually evolving and improving our service.

Meet the team: https://www.kaysestates.co.uk/our-team/

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