Summary - 29 READS AVENUE BLACKPOOL FY1 4DD
8 bed 1 bath Hotel Room
**Standout Features:**
- 8 well-appointed bedrooms, 7 with en-suites, catering for up to 16 guests.
- Prime location in central Blackpool, near the vibrant town center and Winter Gardens.
- Substantial 3-storey mid-terrace Victorian property, currently in excellent order.
- Includes 1-bedroom private accommodation for owner or staff.
- Current operation on a semi-retired basis, presenting tremendous potential for growth.
Discover the perfect investment opportunity with this substantial 8-bedroom hotel in the heart of Blackpool, ideal for first-time buyers or seasoned investors alike. This Victorian gem showcases a well-maintained interior, including an inviting open-plan lounge, bar, and dining area that caters comfortably to up to 16 guests. With 7 en-suite bedrooms, it boasts exceptional rental potential and comes fully equipped to start generating income immediately.
The private accommodation offers a relaxing retreat, featuring a master bedroom, lounge, and bathroom—perfect for owners or staff seeking comfort. While the property operates semi-retired, there's significant room for growth and expansion of services as foot traffic around the area continues to flourish; an excellent opportunity for future renovation to adapt to market demand.
However, prospective buyers should be aware of the property’s urban setting, characterized by high crime rates and a generally deprived area. Despite this, the vibrant community atmosphere and proximity to local amenities create a unique appeal. With a starting bid of only £150,000, this property promises not to last long on the market, so act quickly to secure your piece of Blackpool’s hospitality landscape!
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