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Listing ID: 726552

The New Osterley Hotel For Sale

Blackpool, Lancashire, England

£ 599,950

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

* Substantial town centre property adjacent to the Winter Gardens complex in the centre of Blackpool
* Prime all year round trading location close to the shops, pubs, clubs and attractions
* 48 letting bedrooms (42 full en suite, 6 with wc en suite). Fully equipped to cater for 100 guests plus spacious bar and restaurant facilities
* Swimming pool and sauna area, which is not in use and offers future development potential
* Lift to all floors, part central heating plus parking for 10 cars
* 2 private flats (1 x 3 bed, 1 x 1 bed)



Ground Floor: Vestibule entrance; reception lounge and office; split level bar lounge in 2 sections with fitted bar counter, stage, upholstered seating and suspended ceiling; ladies and gents wc facilities; lift

Lower Ground Floor: Restaurant with 90/100 covers with bar counter; pot washing kitchen with dishwasher system, commercial stainless steel sink unit; main kitchen with commercial stainless steel sink unit, tiled floor and extraction system; leisure suite (not in use) with swimming pool (16’ x 8’ approximately), sauna, shower and 2 changing rooms

Private Accommodation: Self contained flat comprising kitchen, lounge, 3 bedrooms, bathroom and store plus additional flat with lounge, bedroom and bathroom (not in use);

Upper Floors: 48 bedrooms (37 with en suite shower/wc, 6 with en suite wc, 5 with en suite bath/ wc).

Exterior: 2 garages plus parking for further 8 cars.

BUSINESS: The business is equipped to cater for 100 guests and equipment includes dishwasher, 2 hot cupboards, hot lamp, 8 burner cooker, 2 double deep fat fryers, toasters, 4 pan baine marie, fridges, freezers, etc. A full inventory will be prepared by Kays prior to exchange of contracts. The vendors trade the business predominately at weekends with turnover levels in the region of £170,000. Further accounting information will be made available to interested parties after viewing.

SERVICES: All mains services connected plus part central heating to ground, lower ground and first floors, remainder with electric heaters, L2 alarm system and passenger lift.

Property Details

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