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7 Vance Road, Blackpool, FY1 4QD

£149,950

Business rates & charges may apply

Kays Peake Properties Ltd, Blackpool
SIZE

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SECTOR

Hotel for sale

Description

Hotel investment property producing £12,000 per annum rental return. Mid terraced double fronted hotel property located in Blackpool centre. The 10 bedroom hotel is tenanted on a 6 year Full Repairing & Insuring lease from March 2024 with a passing rent of £12,000 per annum. Lease within the LTA 1954.
NB: The business is not for sale and is not affected.

LOCATION
On the southerly frontage of vance Road with is in central Blackpool between Central Drive and Coronation Street. The £300 million Blackpool Central Leisure development is proposed at the bottom of Vance Road.

GROUND FLOOR
Vestibule entrance hall and stairs; Bar lounge with upholstered seating and bar counter; dining room; kitchen with stainless steel sink unit; Private Accommodation: 2 rooms and bathroom.

FIRST FLOOR
5 bedrooms (2 double en suite, 2 standard double, 1 single); shower, wc and wash hand basin.

SECOND FLOOR
5 en suite bedrooms (3 double, 1 single, 1 twin).

BUSINESS
The business is not for sale and is not affected.
Lease schedule: 6 year lease from 15/3/2024 to 14/3/2030. Rent £12,000 per annum. Full Repairing & Insuring term, rent paid monthly in advance.

SERVICES
All mains services connected.

TENURE
Freehold

7 Vance Road, Blackpool, FY1 4QD

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Blackpool North Station0.5 miles
  • Blackpool South Station1.1 miles
  • Layton Station1.7 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/

Notes

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Disclaimer - Property reference 011130. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Kays Peake Properties Ltd, Blackpool. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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