Seasiders Way, Blackpool, FY1 6JJ Investment Property For Sale

£11,950,000 Serious offers considered
Bond: £0

Property Reference: INV002L

Investment Property For Sale - Photograph 1
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  • Investment Property
  • South Shore, Blackpool
  • Travel Lodge Hotels Limited Tenant
  • 124 Bedroom Hotel with Parking
  • Substantial Detached Building
  • Prime Location - Built in 2009
  • Refurbished in 2023
  • 25 Year Lease from July 2025
  • 5 Year Upward Only Rent Reviews
  • 1.12 Acre Site
  • Total Annual Income £747,489
  • Potential to Increase Income
  • Viewing Highly Recommended

Property Description

DESCRIPTION: Kenricks are pleased to offer this 124 bedroom hotel which is Leased to Travelodge Hotels Ltd on a full repairing insuring lease for a term of 25 years from 24th July 2025.

Travelodge is the second largest budget hotel brand in the UK, with over 600 hotels with revenue exceeding £1 billion pounds.

This substantial detached property which was purpose built and completed in 2009 is situated adjacent to Blackpool Football Club, fronting Seasiders Way being one of the major routes into the Town Centre from the South and the M55 Motorway.

The Carpark is subject to an agreement with Total Parking Solutions with revenue split 50/50 between Travelodge and the Landlord producing a net income of £97,484 in 2024.


Ground Floor

Reception Desk.

Open Plan 88 cover café and bar.

Upper Floors

The property is arranged over 5 floors with 124 bedrooms.

EXTERIOR: Car park to the front providing guaranteed parking for 90 vehicles plus an additional 34 spaces on a first come first serve basis.

AGENTS NOTES: The site has full planning consent for the development of a potential Public House/Restaurant in the car park of the hotel. The original planning permission remains extant subject to the discharge of the relevant planning conditions. Such a development is envisioned to be built on stilts as to not reduce the number of spaces in the car park.

Details on the planning consent can be found at Blackpool Council Planning Portal (Planning No:05/0614 and 24/0661).

Plans available at request.

BUSINESS: The property is leased to Travelodge Hotels Ltd for a period of 25 years from July 2024 at an annual rent of £650,000 per annum. Additional income is produced from an agreement with Total Parking Solutions who operate the car parking facilities. Total revenue is split equally between the Landlord and Travelodge, producing a net income of £97,489 to the Landlord in 2024, therefore the property currently produces a total income of £747,489 per annum.

TENURE: Freehold

PRICE:  Serious Offers Considered

VIEWING: By appointment through Kenricks 01253 420420


  • Ground Floor

    Reception Desk. Open Plan 88 cover café and bar.

  • Upper Floors

    The property is arranged over 5 floors with 124 bedrooms.

  • Exterior

    Car park to the front providing guaranteed parking for 90 vehicles plus an additional 34 spaces on a first come first serve basis.

  • Agents Notes

    Plans available at request.

  • Business

    The hotel is leased to Travel Lodge Hotels Ltd for a term of 25 years from April 2009 at an annual rent of £531,461.02 per annum. We are informed there is a rent review due in April 2018 where the expected increased rent will be in excess of £600,000 per annum. No accounting information available

  • Tenure

    Freehold.

  • Viewing

    By appointment through Kenricks.

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Fee Information

The advertised rental figure does not include fees.