Summary - RUTLAND HOTEL, 330, PROMENADE FY1 2JG
17 bed 1 bath Hotel
### Standout Features:
- 17 en suite bedrooms with high finishing throughout
- Prime seafront location with panoramic views of the Irish Sea
- Separate dining area and first-floor bar lounge
- Good condition maintained with substantial capital investment
- Freehold tenure; no chain
- Current turnover of £75-80,000 per annum, mainly operating April to November
### Concerns:
- Located in a ‘very deprived’ area
- High crime rate statistically in the vicinity
- Limited current operating months may impact income stability
### Summary Description:
This impressive licensed promenade hotel is an exceptional investment opportunity, located on the bustling Blackpool seafront. Highlighting classic Victorian architecture, the hotel features 17 beautifully furnished en suite bedrooms, ensuring comfort and luxury for guests. There's a separate dining room and an inviting first-floor bar lounge, offering stunning sea views that can elevate your guests' experience.
While the property shines in terms of aesthetics and quality maintenance, it's crucial to note the area’s high crime rate and underlying socio-economic concerns, which may pose challenges for some buyers. With a current turnover of £75-80,000 and seasonal operation, there’s vast potential for year-round income growth by expanding services and marketing.
This is a rare chance to own a well-reviewed accommodation with a solid guest base, perfect for those looking to dive into the hospitality industry or expand their portfolio. Act quickly to secure this gem, as opportunities like this don't come along often!
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