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Unique 4 Star Hotel in Blackpool For Sale

Blackpool, Lancashire, UK
Asking Price:
£500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£85,000
Cash Flow:
£37,000

The Old Coach House in Blackpool is completely unique when in comparison with any other hotel in the town. Dating back to 1851 it is the oldest property in South Shore and at a glance one may think it was situated in the likes of the Lake district. It is however close to the Pleasure Beach and south pier, but being a few minutes walk away it benefits from a quiet residential area. It has eleven guest rooms all slightly different in their style and a carpark, gardens and relaxing conservatory honesty bar. The hotel caters for families and couples only and with the price structure and status, commands a high level of clientele. The private accommodation is spacious, comprising of a large lounge area, two bedrooms and a bathroom. There is a utility area, garage/storage area and a large kitchen with separate preparation area. Additionally there is a very large attic for further storage. There is also a decking area adjacent to the conservatory and a private garden area. We have owned The Old Coach House since 2009 and have personally built up and maintained the reviews as a Bed and Breakfast up to this current time (9.6/10 Booking.com) (5/5 Trip Advisor). We have only ever operated the business nine months out of the year and on the BnB status as previously mentioned. However, in prior times long before we purchased it, it was a five star establishment and had a restaurant open to the public in the evenings. It was very well renowned in Blackpool for dining out and as such would cater extremely well for anyone with a chef background who may wish to significantly increase (double) turnover via this method. Furthermore the property has space all around it and above, where one could easily extend out to incorporate building new guest rooms or public areas. It is located on a large chunk of land. In 2005/6 plans were actually passed for a huge amount of work to the building which would have drastically increased its size. Copies of this can be viewed for any serious parties. The exterior of the building has very recently received a complete re-paint and was rewired just five years ago (something to seriously consider with any hotel purchase). We have been very successful at The Old Coach House and maintained a very nice standard of living from limited opening, however after 12 years here and nearly 20 years in the hotel business we are now looking to retire. However since May 17th when we were allowed to open again we have been busier than ever! Also as Blackpool is investing in a 300 million pounds re vamp of the town centre area, it is an extremely positive time to be taking hold of some of Blackpool's 18 million annual visitors. Ps, our website is currently being updated for up to date photos. As such to see how it currently is please see our link below showing some very recent video footage.

Property Information

Property:

Freehold

Living Accommodation:

The living accommodation is located across the top of the property and as such is of an adequate size. There is a large lounge area, two bedrooms and a bathroom. However there is what could be described as space to be utilised around the garage/utility area, whereby this could be converted to living accommodation, allowing the whole of the top of the building to be converted to expansive guest rooms. Again food for thought for any new business owner.

Location:

Based in South Shore Blackpool, four minutes walk to the promenade and South pier, ten minutes to the Pleasure Beach. Ideal location as we are extremely close to Blackpool's number one attraction, but just far enough away from the hustle and bustle of the promenade.

Premises Details:

N/A

Size in square feet:
N/A
Planning Consent:

2005/2006. Would need to be re-applied for, but certainly lots of scope for extending in many ways.

Business Operation

Expansion Potential:

As mentioned briefly under the general description, the property is on a large piece of land with space all around which could be utilised to expand/increase guest areas. In 2005/6 plans were passed for a previous owner, giving just one example of how the property could be expanded to drastically transform the already impressive outlay.

Competition / Market:

The Old Coach House is completely unique to Blackpool, with no other establishment in the town having the looks the charm or the gardens and carparking. Car parking being so important in Blackpool for ones guests to be fully satisfied. It is an illustrious property which attracts guests/customers which continue to return year after year, alongside new clientele also. As such any new large hotel developments have never and will never affect the success of The Old Coach house.

Reasons for selling:

Having successfully been in the Hotel/BnB business in Blackpool for nearly 20 years, we are now ready to retire.

Trading hours:

Feb 14th to November.

Employees:
None, just casual staff that help as chambermaids.
Years established:
1985

Other Information

Support & training:

As experienced and friendly hoteliers, of course we would assist any new owner in the whole workings of the property, ie, electrics, stop taps, boilers-heating etc. More importantly we will be happy to give our time to booking systems, breakfast and the running of the property upon hand over.

Financing available:

N/A

Website:
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Home based:
This business can be run from home.

Contact Seller

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