Property Overview
-
- Size:
- Undisclosed
-
- Usage:
- C1
-
- Sale Type:
- For Sale
-
- Rental Income:
- N/A
-
- Property Type:
- Hotels
-
- Auction:
- No
-
- Development Opportunity:
- No
-
- Investment Opportunity:
- No
-
- Tenanted:
- No
-
- Energy Rating:
- N/A
General Summary
Key Features
* Investment Property
* South Shore, Blackpool
* Travel Lodge Hotels Limited Tenant
* 124 Bedroom Hotel with Parking
* Substantial Detached Building
* Prime Location - Built in 2009
* 25 year Lease from April 2009
* Viewing Highly Recommended
Property Description
are pleased to offer this 124 bedroom hotel which is Leased to Travel Lodge Hotels for a term of 25 years from April 2009.
This substantial detached property which was purpose built and completed in 2009 is situated adjacent to Blackpool Football Club, fronting Seasiders Way being one of the major routes into the Town Centre from the South and the M55 motorway.
Accomodation Comprising
Ground Floor
Reception Desk.
Open Plan 88 cover café and bar.
Upper Floors
The property is arranged over 5 floors with 124 bedrooms.
Exterior
Car park to the front providing guaranteed parking for 90 vehicles plus an additional 34 spaces on a first come first serve basis.
Agents Notes
Plans available at request.
Business
The hotel is leased to Travel Lodge Hotels Ltd for a term of 25 years from April 2009 at an annual rent of £531,461.02 per annum. We are informed there is a rent review due in April 2018 where the expected increased rent will be in excess of £600,000 per annum.
Tenure
Freehold.
Viewing
By appointment through
Location
Seasiders Way South Shore Blackpool
