Next Auction:
12/12/2024
Lot 1
This imposing double fronted former hotel with sea views is currently configured as 15 letting rooms (many en-suite) and is situated within a highly sought after area located opposite the beach and adjacent to Blackpool's famous “Promenade”. The property benefits from double glazing and gas fired central heating although it is in need of some updating throughout. There is also off street parking for several cars to the front.
POTENTIAL USAGE:
The property has been used for residential and commercial usages over the years and could be ideal to convert to 5 x serviced apartments STPP due to its location and proximity. Indeed there is form for this in the immediate area due to high income revenue with in excess of 5.5 million footfall on the Promenade and 18 million visitors a year with potential individual weekly serviced apartment rates ranging from £795 - £1200 per week (figures obtained from local sources).
It is further felt that this property could easily be transformed back to its former state as an hotel or alternatively as a residential HMO/Care-home, C2 Housing or Assisted Living Accommodation subject to obtaining any of the necessary planning consents that may be required. This property will appeal to investors.
LOCATION:
Rigby Road is adjacent to the beach, close to the new Fox Hall Village and lying between famous landmarks such as Blackpool Tower; Sea Life Centre, Blackpool Madam Taussads, Blackpool Pleasure Beach -Theme Park, The Grosvenor Casino, Blackpool Tower Dungeon, Sandcastle Water Park, Blackpool Illuminations and many many more attractions. The central coach station car park is also close by as well as Blackpool South Mainline Station.
Ground floor: Entrance hall, Room 1 with shower, Room 2 with en-suite, separate family shower room
First Floor: Room 3 with en-suite, Room 4 with shower, Room 5 with en-suite, separate family shower room
Second Floor: Room 6 with shower, Room 7 with shower, separate WC, Room 8 with shower
Third Floor: Room 9, Room 10, Room 11 with shower, Room 12
Basement: Rooms 13, Room 14 (currently office), Room 15, kitchen
Rear: Courtyard area leading to rear service road
Front: Off street parking for several cars
Freehold
Blackpool Council 01253 477477
Saturday 5th May: 10am – 11:30am
Saturday 12th May: 10am – 11:30am
Saturday 19th May: 10am – 11:30am
*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
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