Summary - 27, COCKER STREET, BLACKPOOL FY1 2BZ
9 bed 1 bath Hotel
Turnkey coastal investment with strong reviews and refurbishment upside.
- Nine en-suite letting bedrooms plus private owner bathroom and accommodation
- Prime location near Promenade and Blackpool North station
- Strong online reviews: 9.3 Booking.com, 5-star TripAdvisor
- Reported turnover circa £45–50k per year
- Leasehold: previous five-year lease expired 2014, tenants holding over
- Potential new lease rent quoted at £10,000 per annum
- Requires interior modernisation and some refurbishment works
- Very deprived area with very high crime; small plot size
A compact, owner-operated nine-bedroom hotel with strong online ratings and an established local customer base. Situated just off Blackpool Promenade and near Blackpool North station, the property benefits from steady tourist footfall and good transport links.
The business has traded since 2010 with reported annual turnover around £45–50k and excellent guest reviews (9.3 on Booking.com, 5 stars on TripAdvisor). The owners are retiring; there is scope for a straightforward income continuation under new management and a proposed new lease at £10,000 pa.
The building is an Edwardian mid-terrace with traditional features but an outdated facade and several interiors needing modernization. The site sits in a very deprived area with very high crime levels and a small plot size—factors that will affect operating costs, insurance and market positioning. Lease status is unclear: tenants have been holding over since a five-year lease expired in 2014, so formal tenure and lease terms need immediate legal clarification.
This is best suited to an investor or operator seeking a low-entry coastal hospitality asset with immediate trade, clear refurbishment upside, and the willingness to manage neighbourhood-related risks. Essential due diligence should focus on lease documentation, safety and compliance works, and local operating costs.
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