Vacant Ten Bedroom Sea Front Hotel

This substantial mid-terrace commercial property offers an exceptional opportunity to acquire a seafront hospitality asset in a highly sought-after location. The former Wallace Hotel occupies a dominant position on Blackpool’s world-famous Promenade, enjoying consistent footfall and sweeping views of the Irish Sea. Positioned optimally between Central and South Pier, the property sits within easy walking distance of premier tourist hotspots including Blackpool Tower, Coral Island, and local conference centres. The interior features ten letting rooms, predominantly equipped with en-suite facilities, offering great layout flexibility for guests. The ground floor boasts a sun lounge facing the coast, a dedicated bar and lounge area, and a spacious dining room. Additionally, the building includes private, self-contained owner’s quarters in the basement. The building's generous footprint and premier coastal location make it a prime candidate for conversion into luxury holiday apartments, an HMO, or residential flats, subject to planning permission. With tram and bus stops located directly opposite the front entrance, excellent proximity to Blackpool Football Club, and strong local transport links, this property represents a rare chance to secure a piece of the coastline. Tenure: Freehold Title number: LA427977 Council Tax Band : Local Authority: Blackpool Finance is available on this lot. For a decision-in-principle visit togethermoney.com/amydip/

Tenure

Freehold

IMPORTANT INFORMATION

Buying at auction is a contractual commitment, you are legally obliged to buy the lot on the terms of the sale memorandum at the price you bid. If you are the successful bidder, you are required to pay the deposit and auction fees immediately. As agent for the seller, we treat any failure to satisfy your obligations as your repudiation of the contract and the seller may then have a claim against you for breach of contract. You must not bid unless you wish to be bound by the common conditions of auction.

ANTI-MONEY LAUNDERING REGULATIONS

In accordance with Anti-Money Laundering Regulations, two forms of identification and confirmation of the source of funding will be required from the successful purchaser. Every effort has been made to confirm the accuracy of the lot details including any defect in the title both with the vendor and their solicitor. Auction House will not be held responsible for any failure to disclose any such defects. Any purchasers choosing to buy without viewing in person are doing so at their own risk and acknowledge that the auctioneer will not be held responsible for any issues that may arise due to them being unintentionally missed from the video or sales particulars. Please refer to legal pack for additional fees and the Auction Information document for guidance prior to bidding.

Local Authority

Blackpool Borough Council

Solicitors

Blackhurst Budd, Ref: Briony Haley

Additional Fees

Administration Charge - 2.75% inc VAT of the purchase price, subject to a minimum of £2750 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.