This substantial 11-bedroom hotel presents a unique investment opportunity situated just a short stroll from Blackpool's renowned Promenade. Located in a well-established tourist hub, this property showcases considerable potential for savvy investors and hospitality entrepreneurs looking to capitalise on the area's ongoing regeneration. With approximately 2,500 sq ft of flexible accommodation including 11 guest rooms, two spacious reception areas, and a fitted bar, the setup is ripe for conversion into an inviting boutique hotel or guest house.
While the hotel requires modernisation to unlock its full potential, it offers an exciting value-add opportunity. Upgrading to en-suite facilities in all bedrooms could lead to higher room rates and increased occupancy, enhancing its attractiveness in this competitive coastal market. The property's proximity to Central Blackpool and its involvement in the multi-million-pound regeneration effort will only serve to bolster demand for quality accommodations.
This asset not only provides immediate income potential but also significant scope for long-term growth and appreciation in value due to its prime location and investment-friendly features. An early viewing is highly recommended for those seeking a promising venture in the hospitality sector.
