Summary - 7 VANCE ROAD BLACKPOOL FY1 4QD
10 bed 1 bath Hotel
**Standout Features:**
- 10 total bedrooms, with 8 en-suite
- Established hotel business in a central location of Blackpool
- Close proximity to the promenade, town center, and local attractions
- Victorian architecture with high ceilings and spacious rooms
- Potential for renovation and personalization
- Leasehold with 7 years remaining on a £12,000 per annum rental
**Concerns:**
- High crime rate in the area
- Average broadband speeds
- Mortgage lenders may reject financing due to lease duration
Discover this prominent 10-bedroom hotel in the bustling heart of Blackpool, ideal for investors seeking a profitable venture in a prime location. With 8 en-suite bedrooms, the property boasts spacious, Victorian-style rooms, high ceilings, and a cozy bar/lounge area. This established business is situated near essential amenities and attractions, ensuring excellent year-round trading potential.
While the hotel is double-glazed and centrally heated, it does require some updating. The current lease has 7 years remaining, which could affect financing options. Nevertheless, this is an opportunity to secure a flourishing hotel with ample room for growth and customization. Viewing is strongly recommended to fully appreciate its potential and inherent charm. Don’t miss out on this promising investment in a high-demand tourist locale!
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