Merionethshire Hostel in Snowdonia National Park with Communal Facilities for Sale
Machynlleth, Powys
- Status
FOR SALE
- Advert ID
616110
- Reference
95055 / Rightbiz
- Call Agent:
- Freehold: £315,000
- Turnover: Not Applicable
- Profit: Not Applicable
Key Features
- Close to Local Amenities
- Fully Fitted
- Retirement Sale
- Trade Gardens Available
Business Details
MERIONETHSHIRE STUNNING SNOWDONIA NATIONAL PARK HOSTEL
Snowdonia National Park Hostel (38)
Attractive former school
Excellent communal hall with lounge & dining facilities
Two kitchens
4 bunk rooms
Separate 3 bed house with gardens
The mountain village of Corris is situated in Southern Snowdonia, on the Gwynedd/Powys border, five miles north of the ancient market town of Machynlleth and within the UNESCO Dyfi Biosphere, the only one in Wales.
It stands on the bank of the Dulas river, just a few miles north of its confluence with the river Dovey, one of UK’s most popular fishing rivers.
The sandy coastlines of Aberdovey and Tywyn are only 12 miles away from Corris, which is centrally located for many of the famed local attractions. These include King Arthur’s Labyrinth, the former slate mine that has been developed into a popular underground tourist attraction; Corris Craft Centre, the Corris Café, the Slaters Arms – an award winning Real Ale pub and the Rheilffordd Corris railway, a heritage narrow gauge steam railway line.
The Centre for Alternative Technology is only 3 miles down the valley as well is the Dyfi Bike Park, recently opened by Dan Atherton, a former off road British Champion, famed in cycling circles. Corris is also on National Cycle Route 8 and other offroad trails are close by. The well-known RSBP reserve with its ospreys is found just south of Machynlleth.
Corris is also a mecca for hill walkers with Cadair Idris, also known as Penygader, the second most popular mountain in Wales after Mount Snowdon, just 3 miles away.
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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.
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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.
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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.
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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.
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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.
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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.'.
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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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