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Charming Licensed Youth Hostel in Snowdonia Park, Betws-y-Coed For Sale

Betws y Coed, Conwy
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  • Freehold: £375,000
  • Turnover: £122,911 (£2,364 per week)
  • Profit: Not Applicable

Business Details

Hotels For Sale in Betws y Coed

LICENSED YOUTH HOTEL BUNKHOUSE in North Wales for Sale.

Well known and well patronised walkers / cyclers hostel known as a Bunkhouse situated in this delightful village in North Wales and within the Snowdonia National Park. Known for its stunning landscapes, this village sits at the confluence of three rivers, creating a lush green setting filled with forests, hills and waterfalls. It is a very popular spot for tourists looking to explore North Wales and serves as a gateway to the surrounding mountains of Snowdonia. The location provides all the necessary attractions to ensure that the business remains well patronised. The business which is currently run ENTIRELY BY STAFF offers huge scope for a working owner not only to make savings but to also increase trade and profitability, whether that be in its present form as a bunkhouse or by converting into a traditional, small hotel / guest house. Plans have been drawn up to convert the property into a traditional hotel or guest house with nine en-suite rooms based on a self check in basis. Annual turnover £122,911. Substantial, detached, freehold property of stone construction under a pitched, slate roof and having a private car park for the use of guests and facilities to store client bicycles etc. in an externally shed / store.

Premises briefly comprise: entrance with licensed bar and dining room off. Spacious, commercial kitchen beyond with an impressive array of quality catering equipment including a two deck pizza oven. Shower room with four shower cubicles and WC. Laundry room. First floor: one six bed dormitory and two family rooms, each with one double bed and three single bunkbeds. WC. Second floor: Three dormitories, two with eight bunkbeds and one with six. Externally: patio area to front with bench seating and mature gardens. Summerhouse in an elevated position to the rear which (subject to planning permission) has the potential to provide a space to construct further accommodation. Tool shed, store and customer bike store. Private car park.

Rarely do commercial properties of this size come to the open market within this HIGHLY DESIRABLE TOWN IN THE SNOWDONIA NATIONAL PARK – VIEWING HIGHLY RECOMMENDED!
Stock £1,000. EPC Band B.
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Stay Safe

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.

Stay Safe

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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