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Kensington Hotel South Promenade 56 Room Hotel Blackpool FY1 6AJ $1,345,712 ($24,031/Room) 12.10% Cap Rate
Investment Highlights
- Prominent seafront location on Blackpool’s South Promenade
- Secure 7-year lease from May 2023
- EPC Rating C
- 62 en-suite bedrooms arranged over multiple floors
- On-site parking for 22 cars
- Private owner/staff accommodation
Executive Summary
The property comprises a substantial seafront hotel investment prominently positioned on Blackpool’s South Promenade, between Central and South Pier. The hotel is let on a secure 7-year lease from May 2023, producing a current income of £120,000 per annum. The asset includes 62 en-suite bedrooms, extensive public areas, sea-view accommodation, and a private car park. The property is offered freehold and presented in good order throughout, making it a stable, income-producing leisure investment with strong frontage and long-term income visibility.
Property Facts
| Price | $1,345,712 | Building Class | C |
| Price Per Room | $24,031 | Lot Size | 0.52 AC |
| Sale Type | Investment | Building Size | 22,750 SF |
| Cap Rate | 12.10% | No. Rooms | 56 |
| Sale Condition | Auction Sale | No. Stories | 4 |
| Tenure | Freehold/Long Leasehold | Year Built | 1955 |
| Property Type | Hospitality | Parking Ratio | 0.44/1,000 SF |
| Property Subtype | Hotel |
| Price | $1,345,712 |
| Price Per Room | $24,031 |
| Sale Type | Investment |
| Cap Rate | 12.10% |
| Sale Condition | Auction Sale |
| Tenure | Freehold/Long Leasehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 22,750 SF |
| No. Rooms | 56 |
| No. Stories | 4 |
| Year Built | 1955 |
| Parking Ratio | 0.44/1,000 SF |
Amenities
- Restaurant
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 56 | $127.77 | - |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
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Kensington Hotel | South Promenade
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