YHA Clun Mill: 23-Bed Hostel in Historic Shropshire Mill for Sale, YHA Franchise Preferred
Craven Arms, Shropshire
- Status
FOR SALE
- Date Submitted:
26/06/23
- Advert ID
515541
- Reference
93759 / Rightbiz
- Call Agent:
- Freehold: £375,000
- Turnover: Not Applicable
- Net Profit: On request
Business Details
YHA CLUN MILL 23 BED HOSTEL IN CHARACTER FORMER MILL WITHIN THE SHROPSHIRE AREA OF OUTSTANDING NAT
Opportunity to acquire a unique freehold property currently operating as a 23 bed youth hostel with staff accommodation.
Preference for continuation of business as a YHA franchise, with
options considered for an independent hostelling business, or change of use.
YHA is a national hostelling brand, charity and social enterprise with a 93-year heritage.
This property is trading and currently part of YHAâs network of over 100 hostels across England & Wales.
www.yha.org.uk/hostel/yha-clun-mill
VIEWING DAY 28TH SEPTEMBER 2023 BETWEEN 1PM-4PM STRICTLY BY APPOINTMENT ONLY
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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