Barton Ave, Blackpool, FY1 6AP
- INVESTMENT HOTEL OPPORTUNITY
- INCOME £19,500 PER ANNUM
- 21 BEDROOM ALL EN SUITE
- PARKING FOR EIGHT CARS
- EPC RATING C
- INVESTMENT HOTEL OPPORTUNITY - INCOME £19,500 PER ANNUM - 21 BEDROOM ALL EN SUITE - PARKING FOR EIGHT CARS
DESCRIPTION: Substantial double fronted Hotel located immediately off the Promenade at South Shore between Central and South Pier. The 21 en suite bedroom hotel has spacious guests facilities, passenger lift plus 2 self-contained owners flats and parking for 8 cars. The property is tenanted on a 7 year Full Repairing and Insuring Lease from 2nd December 2016 with a passing rent of £19,500 per annum. Rent paid quarterly in advance, rent reviews every 3 years. Lease excluded from 1954 Landlord and Tenants Act.
LOCATION: On the Southerly frontage of Barton Avenue which runs off the Promenade between Central and South Pier.
Ground Floor: Reception and office, dining room, bar lounge, kitchen, lift, Private Accommodation Lounge.
Lower Ground Floor: Private Accommodation: 2 bedrooms, shower and wc, utility room, meter cupboards.
First Floor: 10 en suite bedrooms.
Second Floor: 9 en suite bedrooms.
Third Floor: 2 en suite bedrooms, Private Self Contained Flat: Lounge, 2 bedrooms, kitchen, bathroom.
Exterior: Rear parking for 8 cars, 2 car garage.
SERVICES: All mains services connected, central heating, double glazing and passenger lift.
TENURE: Freehold subject to commercial lease dated 2nd December 2016 for 7 years. Full Repairing and Insuring lease with a passing rent of £19,500 per annum. Rent reviews 2nd December 2019 and 2022. Rent paid quarterly in advance..