Queen’s Promenade, BLACKPOOL, FY2 9HD

Property Features

  • PREMIERE RESTAURANT
  • A1 TRADING LOCATION / EPC RATING TBC
  • OUTSTANDING OWNERS APARTMENT
  • £14k - £19k P.W ON REDUCED CAPACITY
  • SCOPE FOR ADDITIONAL LETTING UNITS
£79,000
  • Ref: broomheads_XYZ01LC
  • Type: Catering
  • Availability: Available
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Full Details

- LICENSED RESTAURANT OPPORTUNITY ON BLACKPOOLS QUEENS PROMENADE - INCLUDES AN EXQUISITE APARTMENT ABOVE - SCOPE TO ADD A FURTHER 5 APARTMENTS - DETACHED PROPERTY WITH PARKING - RESTAURANT IRO 125 COVERS - SEA VIEWS - .


A quite outstanding business opportunity located in a Premiere trading position on the Blackpool Promenade. This business was established many years ago now and has gone on to become one of the most recognisable in its chosen sector.

Immaculately appointed internally the Restaurant enjoys a significant uplift in Summer whereby historical trading accounts demonstrate a turnover well in excess of £20,000 p.w and more recently £14,000 P.W on reduced capacity.

The Upper floors include an outstandingly appointed Apartment comprising - 2 Bedrooms, 2 Bathrooms, Lounge, Kitchen with a Verandah enjoying views of the Irish Sea.


Further scope exists to build upon this by adding potentially a further 5 apartments, which could generate an excellent earning opportunity as Serviced Accommodation.


This is a remarkable opportunity for somebody to take this business onto the next stage of its progression. The incumbents advise us that they have invested significantly over the years. This is clear to see when one takes the opportunity to view the quality of the high spec commercial Kitchen and fully equipped restaurant and bar area.

No expense has been spared in delivering a high quality product.

Customers clearly share the same enthusiasm for this business as it continues to out perform the market and enjoys strong reviews.

GROUND FLOOR:

Immaculate Bar & Restaurant with covers circa 125.

Enormous Commercial Kitchen Fitted with high specification Commercial Catering Equipment.

Still Room, Wash Room and Dry Store.

FIRST & SECOND FLOOR

Immaculate Apartment with un-interrupted views affording the opportunity to live on site. Alternatively opportunity exists to create a potentially very healthy secondary income in the serviced accommodation market.

Scope exists to increase the number of apartments.

BUSINESS:

Trading Accts for a number of years will demonstrate a turnover ranging between £13/£14k p.w during restricted capacity and up to £20k p.w at full capacity.

EXTERIOR:

Car Parking Available.

TENURE:

Leasehold at £32,000 Per Annum - Balance of existing / New Lease Available.

RATES:

We are informed rates payable are £9,100 Per Annum 2019/2020 - Zero payable 2021.


These particulars are intended only as a guide to prospective purchasers or tenants to enable them to decide whether to make further enquiries with a view to taking up negotiations but they are otherwise not intended to be relied upon in any way or for any purpose whatever and accordingly neither their accuracy nor the continued availability of the property is in any way guaranteed and they are furnished on the express understanding that neither the agent nor the vendors or landlord are to be or become under any liability or claim in respect of their content. In the event of the agents or the vendor or landlord supplying any further information or expressing any opinion to a prospective purchaser or tenant, whether verbal or in writing, such information or expression of opinion must be treated as given on the same basis as these particulars.
To make an offer please make an appointment with this office prior to contacting your Lender or Solicitor, as this may result in unnecessary costs being incurred, or the property being sold elsewhere.
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