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Stuart Hotel, 27-29 Clifton Drive, Blackpool, Blackpool, FY4 1NT

Guide Price £525,000Freehold

20

Key Information

Tenure:Freehold
Council tax band:D
Broadband:up to 80Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

20 Bedrooms all with en-suite bathrooms
Hotel
Lift to access all floors
Part Exchange available
Spacious bar/lounge/entertainment room
Within close proximity to local attractions and promenade

Description

An excellent family run hotel located in a prime location, immediately off the Promenade at South Shore adjacent to the Pleasure Beach theme park. The substantial detached 4 storey property provides a recently refurbished bar with lounge and restaurant areas and spacious commercial kitchens. A modern lift provides access to all floors. 20 bedrooms all with en suite bathrooms, flat screen TV’s, tea and coffee making facilities and central heating. The rooms provide a mix of double, family, family suites and 4 come with their own private balconies. The hotel has been under the same ownership since 2001 and the hotel is in first class condition. The business has a regular customer base backed up by excellent reviews of; 8.8 Booking.com and 4.5 'Excellent' on TripAdvisor. The business operates on a B & B basis but has a restaurant license that could be developed. Viewing is highly recommended to appreciate the high level of standard this hotel has to offer.

The vendors will also consider a part exchange on suitable properties.

Auctioneers Additional Comments

Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.

Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively.

This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.

The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.

 

Auctioneers Additional Comments

Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer.

A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.

In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.

 

Auctioneers Additional Comments

In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the property. The deposit will be a contribution to the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 6,000 inc VAT) is also required to be paid upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.

Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.

 

Arrange Viewing

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Payment Calculator

Mortgage

Estimated Monthly Mortgage Payment:
£2,762 /mo.25 Years, 5% Interest
Loan
£472,500
Total Repay
£828,656

Stamp Duty

You’ll have to pay the stamp duty of:
£13,750
0% up to £250,000
5% between £250,000 and £925,000
Your effective stamp duty rate is 2.62%

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