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THIS PROPERTY IS NO LONGER AVAILABLE

18 bed For Auction
Pleasant Street, Blackpool, FY1

£165,000
Guide Price
  • Property at Pleasant Street, Blackpool
  • Property at Pleasant Street, Blackpool
  • Property at Pleasant Street, Blackpool
  • Property at Pleasant Street, Blackpool
  • Property at Pleasant Street, Blackpool

Key Features

  • For Auction on 22nd July 2020
  • Lot 20

Full Description

View this property on a map 18 bedroom hotel with 3 bedroom owners accommodation, close to promenade on North Shore.

6-8 Pleasant Street, North Shore, Blackpool

Online auction 22nd July, 2020

If you intend to borrow any money from a financial institution please make sure they are in a position to provide the funding in a timely manner, as they are currently experiencing extreme demands. For further information you can call us on 0161 443 4740 to discuss your individual circumstances

Notice

Before buying at Auction, it is essential that you read our Notice to Prospective Buyers and the Common Auction Conditions.

You must not bid unless you have made yourself fully aware of the auction process. If you require help with this, please contact a member of the auction team.

Location

The Hotel is located around 150 m from the promenade and around 800 m from North Pier

Overview

The hotel had been in single ownership from 1992 until 2018 and we have been advised that accounts (details of which will be in the legal pack when available) show profits circa £40,000 per annum. The current owners have decided sell to concentrate on other business ventures, however the hotel is virtually ready to trade as soon as current restrictions allow. There is scope to possibly convert to 6 to 8 self contained flats/holiday lets or perhaps use as HMO. The bar had been removed from the premises so again there is scope to increase turnover if required. Any interested party is advised t o make their own enquiries directly to the local planning department for conversion or change of use/improvements.

Accommodation

A lift operates for all floors from basement to second floor.

Ground floor:
Reception hallway, two sun lounges, formal dining room, reception room, rear office, kitchen, store room and utility area.

First floor:
8 en-suite bedrooms (6 double, 2 twin) WC and two laundry/store rooms

Second floor:
10 en-suite bedroom (4 double, 4 twin and 2 single)

Lower ground floor:
Owner/managers accommodation with lounge/dining room, kitchen, bathroom, separate shower room, 3 double bedrooms

Externally:
Garage/storeroom and yard.

Possession

Vacant on completion, property bought "as is" with any fixtures and fitting remaining

Notes

EPC rating C (56). Majority double glazed. Central heating. Floor plan for purpose of illustration only. Virtual viewing available.
Floor plans are for purpose of illustration only as a guide to the internal layout.

Online Bidding Procedure

You will first need to create an account. This requires you to verify your email address, by clicking an activation link that we'll send to you.
Once you've created an account you can watch' lots that you're interested in (you'll be kept up-to-date throughout the auction cycle), as well as gain access to the legal packs. In order to place a bid on a lot, you will need to complete the bidder registration steps, as detailed below.
The first time you register to bid you will be asked to verify your mobile number and upload copies of your photo ID (e.g. Driver's licence or passport) and recent proof of address (dated within the last 3 months). We can then easily keep in touch and will identify you in the event of you purchasing a lot.

Important Notice

Before buying at Auction, it is essential that you read our Online Auction Buying Guide. This is on our website www.edwardmellor.co.uk
ews/online-auction-buying-guide.
You must not bid unless you have made yourself fully aware of the auction process. If you need help with this, please contact a member of the team.

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Floorplan for Pleasant Street, Blackpool Floorplan for Pleasant Street, Blackpool

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