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88-Bed Hostel for Sale in Bristol Near Attractions and Transport

 City of Bristol, Bristol
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BRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTEL Photo 1
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BRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTELBRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTELBRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTELBRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTELBRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTELBRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTELBRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTELBRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTELBRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTELBRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTELBRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTELBRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTELBRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTELBRISTOL - OPPORTUNITY TO ACQUIRE AN 88 BED HOSTEL
  • Leasehold: £5,000,000
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

BRISTOL OPPORTUNITY TO ACQUIRE AN 88 BED HOSTEL

The property is situated over five storeys and appears to be constructed of squared Pennant rubble with limestone dressings.  Built circa 1880 and converted in 1981.  It was formerly the Bristol Clipper public house.

88 bed hostel
Established Bristol city centre business 
Well-appointed restaurant (120)
Third & fourth floors currently not in use
Recently restored and modernized
Potential to increase to 170 bed hostel (STPP)

 

Being one of the UK’s largest cities, Bristol is home to two major institutions of higher education and over 59,000 students.  The city’s 2021 census shows the population to be approximately 472,500.  

Bristol has a bustling centre and a large shopping complex, as well as an attractive harbour.  The floating harbour has been transformed from an industrial inland port into a major cultural and dining hub.  Adjacent to the harbour is the Harbourside Hostel.  

The hostel is five to ten minutes’ walk from major attractions like Bristol Aquarium, Bristol Cathedral and the SS Great Britain.  It is also situated close to major transport links: Bristol Temple Meads Station is just ten minutes’ walk away and Bristol Airport is approximately seven and a half miles distant.  

The hostel’s location is superbly situated for exploring the city and its many attractions.  The property presents an opportunity to acquire a substantial Grade II listed building within the heart of Bristol city centre.  

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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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