Banks Street, Blackpool, Lancashire, FY1 2AR
Online auction
For sale via secure sale online bidding - terms and conditions apply.
Kenricks are delighted to offer this well-known and popular 17 Bedroom Licensed Hotel for Sale.
This substantial corner property is situated in a highly sought-after location at the junction of Lord Street and Banks Street, in the heart of the vibrant 'Be Who You Want To Be' quarter, and is within close proximity to Blackpool North Station, Town Centre and Beach.
The business is currently fully operational and ready to trade from day one, with all fixtures, fittings, and equipment included in the sale. There is also significant potential to further develop bar, food, and entertainment offerings for both guests and the public.
This property is offered fully equipped and offers a range of accommodation options, 5 of the rooms are double en-suite with various other room configurations including single, double, triple and quad rooms, as well as a spacious 8-person apartment. with kitchen and bathroom
Please note we have not inspected this property.
Private Accommodation
Master Bedroom with wood effect flooring
Bathroom comprising 3-piece suite
Utility Room
Patio
Family Suite comprising of:
1 Family Bedroom, 1 Double Bedroom and 1 Bedroom with Bunkbeds - En -Suite & Kitchenette
2 Double Bedrooms Both En-Suite
Shower and Toilet
Toilet
Owners accommodation has access to rear flat roof area
The Hotel is centrally heated and has double glazing.
All Letting Bedrooms have T.V.’s, room refreshments, L2 Fire Alarm System.
The inventory will remain in the possession of the landlord
Fully equipped commercial kitchen with a 5-star FSA hygiene rating
There is a 20 camera CCTV system fitted
This property is being sold subject to unconditional reservation fee auction terms and conditions.
Timescales
Contracts will exchange immediately. There are 28 days in which to complete the purchase.
Legal Pack
A legal pack is available to download. Special conditions may apply.
We strongly recommend buyers familiarise themselves with the legal pack prior to bidding.
Deposit
In order to secure the purchase a buyer will pay a deposit of 5% which contributes towards the overall purchase price of the property.
The deposit is non-refundable.
Buyer Fees
This property is sold subject to a non-refundable reservation fee of 5% + VAT to a minimum of £6,000 + VAT (£7,200 inc VAT) This does not form part of the purchase price.
A reservation fee is payable by the buyer where a seller has opted to sell with no fees. As a result, a lower reserve price is usually agreed on lots where a reservation fee is applicable.
More Information
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
ONLINE AUCTION NOTICE
I hereby acknowledge and confirm the following:
My bid may be accepted by the seller at any time before the close of the auction. It is subject to the terms and conditions of the auction which I have read and understood. I have read and understood the legal pack applicable to my bid/lot and agree to be bound by any special conditions within that pack.
If my bid is successful (whether as the highest bid or upon acceptance by the seller in the course of the auction) I shall be bound by the lot terms and conditions as advertised online.
Any amount payable at the close of the auction must be paid within 1 hour.
Please note that the bidding process will work in a different way to an eBay auction, so there is NO advantage to bidding at the last second.
Each auction will automatically stay open until there has not been a bid within the final 10 minutes. If no bid has been submitted within the final 10 minutes of the auction, the auction will close and the highest bidder will be successful subject to the reserve price being met or upon acceptance of an offer by the seller throughout the auction cycle. If there is another bid within 10 minutes of the last bid, the auction countdown timer will be restarted for another 10 minutes to allow further bidding. This system avoids last-minute (or second) bidding and makes for a fairer auction as in a live-room auction situation.
Please bid in good time before the end of the auction, delaying your bid to the last seconds may disadvantage you if your connection slows or you lose internet connectivity.
The auctioneer is not responsible for any tech issues, power outage or error messages which hampers or eliminates an individual's opportunity to bid.
It is the bidder's responsibility to ensure the bid has been lodged with the auctioneer. It is therefore beneficial to bid on your chosen lot at your earliest opportunity.
The auctioneer accepts no responsibility for bids that are not received or are received late and reserves the right to reject any bid without notice.
Minimum online bidding increments:
£50,000 - £250 minimum bid
£50,001 to £150,000 - £500 minimum bid
£150,001 to £250,000 - £1,000 minimum bid
£250,001 to £750,000 - £2,500 minimum bid
£750,001 to £1.5 Million - £5,000 minimum bid
£1.5 Million Plus - £10,000 minimum bid
Please note this bidding process applies specifically to online auctions.
More Information is available:
For more information call our auction experts on 0191 206 9335 or email auctions@pattinson.co.uk
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