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Description

HOTEL/GUEST HOUSE REQUIRING RENOVATION TO LET ON NEW LEASE 26 BEDROOMS (POTENTIAL FOR UP TO 32 BEDROOMS) Rent £18,500 pa. Ingoing required £10,000.

Location.
Good holiday trade location, just off Central Drive.

Accommodation.
Ground Floor: Entrance vestibule and hallway. Large dining room. Separate bar area. Kitchen, private lounge.
First Floor: 13 bedrooms, bathroom/w.c., shower room, separate w.c.
Second Floor: 13 bedrooms, 2 showers with w.cs. 2 further separate w.cs.
Third Floor: 6 further potential bedrooms, with sloping ceilings.
Lower Ground Floor: Proprietors private accommodation, including bathroom/w.c. and shower/w.c., plus laundry room, living room, bedroom and store rooms
Outside: Enclosed garden/yard areas to front and rear.

Lease.
New nine year Lease, or longer by negotiation. Tenant to be responsible for all repairs and decorations and to repay Landlords costs of buildings insurance. Tenant to be responsible for payment of Council Tax, Business Rates and all other usual outgoings, and also for the Landlords legal costs in the granting of the Lease.

Rent.
£18,500 per annum, payable quarterly in advance. Rent subject to upwards only review every three years.

Ingoing.
Ingoing payment of £10,000 required.

Business Rates & Council Tax.
From verbal enquires at Blackpool Council we are informed that the property is assessed to Rateable Value £11,250. Business Rates Payable 2007/08 £4,961.25.
Council Tax Band A. Standard Charge Council Tax Payable £906.19. Interested parties are advised to confirm the details with Blackpool Council.