Summary - Promenade, Blackpool, Lancashire, FY1 FY1 1RU
1 bed 1 bath Mixed Use
Income-producing seaside building with redevelopment potential subject to planning.
Freehold mixed-use building with six tenanted commercial units
Current income circa £49,160pa; potential uplift to £50,730 in 2026/27
Prominent corner position on busy North Promenade, close to North Pier
15-bedroom hotel unit includes private parking to the rear
L2 fire alarm installed; individual combi boilers and separate utilities
Potential to convert to apartments subject to planning permission (not granted)
Area shows very high crime and very high deprivation — impacts demand
Small plot and footprint; likely requires ongoing maintenance and refurbishment
A prominent mid-terraced, mixed-use freehold on Blackpool’s North Promenade offering immediate rental income from six tenanted commercial units. The building sits on a busy corner location close to the town centre and North Pier, currently producing circa £49,160pa with scheduled uplifts to around £50,730pa in 2026/27. Several units include their own combi boilers and separate utilities; an L2 fire alarm system is installed.
The property includes a 15-bedroom hotel unit with private parking, guest-house accommodation, multiple retail units and a corner café with forecourt seating. Some units have basements, stores and rear yards; car parking is available to the rear of the main hotel unit. The compact overall footprint (approx. 425 sq ft for one ground-floor unit) and multiple tenancies present hands-on asset management opportunities and diversification of income streams.
There is planning potential to convert into residential apartments, subject to obtaining planning permission; this has not been granted. Note the wider area is marked by very high crime levels and significant deprivation, which may affect tenant demand, future rents and funding. The building will require ongoing maintenance typical of older mixed-use stock—viewing recommended to assess condition and refurbishment scope.
This investment suits buyers seeking an income-producing seaside portfolio addition with mid-term redevelopment upside, provided they are comfortable managing multiple small tenancies in a challenged urban location.
Block of apartments for sale in 218-220 Promenade & 1-7 Cocker Square, Blackpool, FY1 1RU, FY1 — £420,000 • 1 bed • 1 bath • 1045 ft²
Commercial property for sale in 65 Dickson Road, Blackpool, FY1 2BX, FY1 — £189,000 • 1 bed • 1 bath • 936 ft²
Commercial property for sale in 242 - 248 Lytham Road, Blackpool, Lancashire, FY1 — £180,000 • 6 bed • 1 bath • 993 ft²
Commercial property for sale in 168/174 Promenade & 1/11 Springfield Road, Blackpool, FY1 1RE, FY1 — £995,000 • 1 bed • 1 bath • 14000 ft²
62 bedroom hotel for sale in Promenade, Blackpool, Lancashire, FY1 — £475,000 • 62 bed • 1 bath • 5687 ft²
20 bedroom hotel for sale in 14-16 Pleasant Street, Blackpool, FY1 2JA, FY1 — £265,000 • 20 bed • 1 bath
