Six Bedroom Hostel for Sale in Coniston, Lake District National Park
Coniston, Cumbria
- Status
UNDER OFFER
- Advert ID
634010
- Reference
95751 / Rightbiz
- Call Agent:
- Freehold: £400,000
- Turnover: On request
- Profit: On request
Key Features
- Unique Business
- Fully Fitted
- Accounts Available
- Prime Location
Business Details
YHA CONISTON COPPER MINES (CONISTON) SIX BEDROOM HOSTEL IN STUNNING LAKE DISTRICT NATIONAL PARK
Opportunity to acquire a unique freehold property currently operating as a youth hostel.
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 95-year heritage.
This property is trading and currently part of YHA’s network of over 100 hostels across England & Wales
www.yha.org.uk/hostel/yha-coniston-coppermines
SELLER REF 95751
YHA Coppermines is set in a stunning location in Coppermines Valley at the foot of The Old Man of Coniston. Mining took place here for over 400 years but the valley is now a rural retreat offering plenty of hiking routes and providing a great base for outdoor activities and walking holidays. The picturesque town of Coniston with its many cafés, pubs and restaurants is less than one mile from the property. The town is located between Coniston Water, one of the Lake District’s 16 lakes, and the fell named ‘The Old Man of Coniston’, and other places of interest within the National Park are easily accessible from the town. Coniston lies on the A593; Ambleside is 8 miles north and Greenodd 11 miles south. This two storey, detached building is of local stone construction with a whitewashed exterior.
FREEHOLD £400,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.
The property is offered up for sale with preference for continuation of business as a YHA franchise, with options considered for an independent hostelling business, or change of use.
No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing 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.
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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