Blackpool pub and karaoke bar near Walkabout and Slug & Lettuce in Queen Street for sale for bargain £25k

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A lively pub and karaoke bar in one of Blackpool’s busiest party streets is on the market for a bargain £25,000.

Buckinghams Bar - just a few doors down from Slug & Lettuce and Walkabout in Queen Street - is now on the market due to its owners’ retirement.

Kays Peake Properties

Run by the same owner since 2008, the bar has become a popular spot for karaoke in the resort, with cash up for grabs for the best performer.

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The double fronted free house is licensed from 11am to 11pm Sunday to Thursday, and 11am to midnight on Fridays and Saturdays. The licence also has a requirement for food to be provided.

The free house is licensed from 11am to 11pm Sunday to Thursday, and 11am to midnight on Fridays and Saturdays. The licence also has a requirement for food to be providedThe free house is licensed from 11am to 11pm Sunday to Thursday, and 11am to midnight on Fridays and Saturdays. The licence also has a requirement for food to be provided
The free house is licensed from 11am to 11pm Sunday to Thursday, and 11am to midnight on Fridays and Saturdays. The licence also has a requirement for food to be provided | Kays Peake Properties

It comes with the remainder of a seven-year lease signed in 2021, with rent currently £200 a week (£10,400 per year). However, this is due to be increased next year to £300 a week (£15,600 per annum).

Agent for the sale, Kays Peake Properties, said the bar benefits from all year round trade with around 70% of its customers being local.

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Buckingham's in Queen Street, Blackpool is up for sale for £25,000 due to the current owners' retirementBuckingham's in Queen Street, Blackpool is up for sale for £25,000 due to the current owners' retirement
Buckingham's in Queen Street, Blackpool is up for sale for £25,000 due to the current owners' retirement | Kays Peake Properties Ltd

The owner is retiring and has reduced the asking price for a quick sale. They say the turnover levels are in the region of £89,000, with further figures available to genuine interested parties after viewing.

The ground floor features a fitted bar and table seating for approx 80 people, as well as ladies, gents and disabled toilets and a kitchen with stainless steel sink unit.

There is also a basement beer cellar and a decked smoking area at the back, with storage for bins.

For more information, visit the listing on Right Move here.

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