Barton Ave, Blackpool, FY1 6AP

Property Features

  • INVESTMENT HOTEL OPPORTUNITY
  • INCOME £19,500 PER ANNUM
  • 21 BEDROOM ALL EN SUITE
  • PARKING FOR EIGHT CARS
  • EPC RATING C
£225,000
  • Ref: broomheads_BAR17F
  • Type: Investments/Flats
  • Availability: Available
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Full Details

- 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.

ACCOMMODATION
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..