First property I have for us to check out today is one of the more unusual Redevelopment Opportunities to pass through our doors... so it's off to Shropshire to see a property that isn't much to look at at the moment, but has more going on beneath the surface when you take a closer look ;-)

Now, this one does need a little imagination as we don't have any interior images to look at, and yes at first glance there isn't really an exterior to the property either! But this isn't just a grassy mound, there is a former earth covered reservoir here folks, and it's one that comes with some interesting planning permission... this is the opportunity to redevelop the underground reservoir into 3 bedroom holiday accommodation that will take advantage of some pretty fantastic views of the surrounding scenery!

Ok, so an underground holiday home won't be for everyone, but if Bilbo Baggins can make a go of living in a house built inside a hill, then I don't see why this property can't be equally homely once the conversion works are complete! It is certainly a very unique opportunity, and could make for a profitable investment for anyone looking to convert the reservoir then retain the property as an income producing holiday let. Equally so, it's a pretty unusual opportunity for a very interesting project property for keen owner occupiers that fancy an underground holiday home for themselves too!

One thing is for sure though, underground properties are pretty uncommon, underground holiday homes even less so, and as for underground redevelopment opportunities at auction?? Well it's personally the first one I have seen, so if it's drawing your attention and firing up your imagination as much as it is mine? Well, you may not get this kind of opportunity come your way twice, so best get yourself there on auction day to make your interest known before this quirky property slips through your fingers! :-)

Now, how about a fabby business opportunity for any folks out there that fancy running your own small hotel?

While we often see former hotels and guest houses, especially fixer uppers, pass through UKAL, ones that are sold as a business opportunity that's ready to run are a bit less common. Boasting 21 rooms(12 with en suite) and an advised annual turnover of £49,000, this is a fantastic opportunity for owner occupiers that are keen to try their hand at running a hotel.

So, where is this fabby opportunity? Blackpool. An ideal location for hotels to thrive given the enormous number of tourists that visit from far and wide, and the extended season that comes from events/attractions such as the Blackpool Illuminations, Pleasure Beach theme park, and a multitude of other high profile attractions. This property is really well located, being only a short distance from the Promenade itself, so will be a very desirable place to holidaymakers and would be expected to maintain a strong and stable income.

Now, I really should get on now and tell you more about the property itself....

All 21 rooms in the hotel are en suite, and there is also 1 bed owner/manager accommodation. This hotel benefits from a good amount of repeat trade, and is highly rated on hotel review sites. The yards are low maintenance to both front and rear. Rooms look well proportioned from what I can see in the images.

So, this one looks ideal not only for investors or owner occupiers who have previous hotelier experience... this one seems a rather good one for folks looking for a hotel that is suited to a first-time live in hotelier. Whoever is successful in grabbing this one at auction may well be getting a wee gold mine of a property, one that already has established repeat trade, and high ratings on review websites to encourage new custom. This one is a fabby business opportunity in a fantastic location :-)

We've lots of new property for auction in our database, so check it out!