Ever fancied owning and running your own hotel? The chance to buy a 23 bedroomed hotel in Lytham St Annes comes at SDL Auctions North West’s July auction.
Elsinghurst Hotel at 34 Derbe Road in Lytham St Annes is located just off the seafront in the popular seaside resort on the Fylde coast of Lancashire, south of Blackpool on the Ribble estuary.
Andy Thompson, senior valuer at SDL Auctions North West, said it was unusual to have the opportunity to bid for a vacant freehold working hotel in an auction.
“The property is located just a short distance from the main town centre and within easy walking distance of local amenities, shops, restaurants, bars and the famous Lytham St Annes promenade.”
He added that the property is being sold with vacant possession and offers the potential, subject to planning permission, for conversion into apartments, a trend that has had noticeable success in the area.
Ten of the bedrooms have sea views and the ground floor contains the private owners’ accommodation.
Lytham St Annes has four golf courses, the most notable being the Royal Lytham & St Annes Golf Club which has hosted the Open Championship 11 times since 1962, with the most recent being in 2012.
Andy Thompson added: “It’s not just golf that makes this hotel an attractive potential investment. When the Open is in town it does bring a major influx of visitors, including the world’s media.
“But the rest of the time, Lytham St Annes remains a wealthy area with residents’ earnings among the highest in the North of England.”
The hotel offers a range of double, twin and single rooms, including two family rooms that sleep four people, and it has a communal dining room.
The property has a front paved area for parking and a yard to the rear. It has a *guide price of £280,000+.
The Elsinghurst Hotel will join other residential and commercial property lots in SDL Auctions North West auction at 6.30pm on Monday 23 July at the AJ Bell Stadium in Manchester.
Entries for the auction are still being invited and anyone with a property to sell can request a free valuation by calling 0161 774 7333 or by emailing email@example.com
Ends (369 words)
* Each property is subject to a Reserve Price which may be different from the Guide Price. For full definitions see www.sdlauctions.co.uk/glossary.
For further information, please contact:
Chrissie Watterson, Head of Marketing & Communications, SDL Auctions
Tel: 0115 902 1020
Prepared by Steve Dyson at ASAP PR, tel: 01789 490786
About SDL Auctions
SDL Auctions, part of the SDL Group, is one of the UK’s largest property auction businesses offering lots via traditional in-room and online auctions. It sells a wide range of residential and commercial properties for both private individuals and corporate clients ranging from investment properties, vacant houses, building plots, commercial and mixed use buildings and others.
SDL Auctions will hold 40 in-room auctions throughout 2018 at Villa Park in Birmingham, Pride Park Stadium in Derby, the AJ Bell Stadium in Manchester, Nottingham Racecourse, Chester Racecourse and the King Power Stadium in Leicester. In 2017, SDL Auctions sold over 1,450 lots and raised more than £165m in sales for vendors.