FY4 1RN - Residential development for sale in 585593 New South Promen…

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Residential development for sale in 585-593 New South Promenade, Blackpool, Lancashire, FY4

Summary - 661 NEW SOUTH PROMENADE BLACKPOOL FY4 1RN

1 bed 1 bath Residential Development

**Key Features:**
- Prime beachfront development opportunity on New South Promenade
- Previously approved plans for 88 residential apartments (including 59 two-bedroom, 21 one-bedroom, and 8 three-bedroom duplex units)
- Situated next to the new Hampton By Hilton Hotel
- Excellent sea views and part of a regeneration area
- Existing buildings (Waldorf Hotel, Kimberley Hotel, Henderson Hotel) require demolition
- 88 dedicated parking spaces, including 10 accessible spots
- Freehold tenure with a competitive pricing at £1,999,950
- Encouraging council support for rapid development completion; potential for Business Development Loan

Given its enviable location overlooking the Irish Sea, this prime development site represents a rare chance to capitalize on Blackpool's ongoing regeneration. With previous planning permission for 88 residential units, the project can cater to various demographics looking for seaside living. The area facilitates strong community ties with walkable amenities such as playgrounds, cafes, and transport links, making it an attractive choice for families or investors.

However, potential buyers should note that the existing hotels on-site will need to be demolished, which could impact initial timelines and costs. While the previous plans have lapsed, the local council's cooperative stance is promising for prospective developers. Current conditions in the area present an opportunity for investment in a location poised for growth and revitalization, making swift action imperative for those seeking to capitalize on this unique property.

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