Large refurbishment project ideal for investor or conversion.
62-bedroom Victorian sea-front hotel with panoramic sea views
A substantial Victorian three-block, five-storey building on Blackpool’s North Promenade, this 62-bedroom sea-front property offers a clear development opportunity. The building occupies a large floor plate (approx 528.32 sq m / 5,687 sq ft) on a site of about 0.053 ha (0.131 acres) and has prominent panoramic views over the Irish Sea.
The property has not traded for several years and requires extensive renovation throughout; there is evidence of internal vandalism. These material issues and the area’s very high crime and very deprived context are reflected in an asking price positioned for an investor or developer willing to carry refurbishment and remedial works.
Practical features include a small front car park with space for four vehicles, lower-ground bar/lounge with dance floor, multiple en-suite rooms across five floors and fast mobile and broadband connectivity. Flooding risk is recorded as no risk. Tenure is unknown and there are no recent trading accounts available, so purchasers should allow for full survey, statutory checks and potential planning costs.
For the right buyer this is a value-led site: possibilities include refurbishment back to guest accommodation, conversion into apartments or a mixed-use scheme subject to planning. The property’s sea-front position, large gross internal area and period character are the primary value drivers; budget for significant remedial works, security upgrades and upgrade of services and finishes.
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