The Mornington Hotel
Wednesday 10th of March 2010
* Coastal resort hotel
* Accredited with Silver Hoast Award
* Bedrooms mostly ensuite
* Potential for other owner bedrooms (currently store areas)
* Recently installed double glazing
* New L2 Fire Alarm system
Location Type: Blackpool, Resort on the Lancashire Coast. Ideally situated adjacent to South Pier at South Shore. Close to Pleasure Beach and all other major attractions.
Description: Deceptively large mid-terraced property built 1895 (aprox) 3 Story building on 6 levels.
Large welcoming entrance porch/hall with key pad security doors and CCTV.
Recent PVC double glazed windows have been installed throughout including the front door to the property.
Recent PVC facia boards, soffits and guttering front & rear.
Recent new beds/mattresses and bedroom furniture to all rooms.
Fully Gas centrally heated throughout, separate central heating unit for owners accommodation. (New boiler & hot water tank fitted Monday 3rd November 2008).
All fire, Gas and Electric certificates up to date.
New L2 Fire Alarm System installed.
Licensed Hotel catering for up to 50 people with a large dining room and sun lounge.
Large family Bar in the basement with Fruit/Games machines, Darts, Pool Table, TV and Music centre.
Good selection of Larger/Ales and Optics. (2 x Larger on Tap)
Toilets + Laundry room.
Kitchen: Ground floor - Large commercial kitchen with double sink unit, large 8 burner double oven. Heated hot cupboard, commercial gas water boiler + ample storage cupboards.
Rear of property - Courtyard with parking up to 3/4 cars.
Letting Rooms: 17 Bedroom - Recently refurbished to a high standard, mostly en-suite. (2 x rooms converted to a unique 7 bed family apartment)
2 x Twin rooms
8 x Double rooms
1 x Triple room
4 x Quad family rooms (1 room converts to a 5 beds when needed)
1 x Apartment (7 bed) this is 2 rooms converted!
All family rooms are very spacious.
Owner’s accommodation: 1 bedroom (Other rooms used as storage also available)
Tastefully decorated bedroom with modern fitted glass door wardrobes, ceiling spotlights. Private quarters also boasts a large sitting/dining room with new/modern electric fire and surround.
This has been an ongoing refurbishment over the last 8 years.
Run as husband and wife team with additional part time staff when needed.
In the owner’s opinion this is an ideal opportunity for a small outlay to gain an excellent return and ideally suited for 1 or 2 families.
Only recently up and running with all rooms and now scope to develop to it’s full potential.
Must be seen to be fully appreciated.
Rates: Rateable value £8700.00 Payable £3467.89 P/A. (2010)
Turnover: Is showing a little under the VAT threshold.
There is terrific potential for further increase in revenue.
Price: Freehold - Price to include fixtures, fittings and good will. £369,995 (Reduced to £235,000 for a quick sale)
Vendors have paid for a web site and some advertising for the season.
Asking price: £235,000