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Yha Cheddar- 59 Bed Hostel In Large Somerset Village Within Mendip Hills Area Of Outstanding Natural Beauty

£550,000

Business rates & charges may apply

Sidney Phillips Limited, South West
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SECTOR

Hotel for sale

USE CLASSUse class orders: C1 Hotels

C1

Key features

  • Our Ref: 93781
  • Opportunity to acquire a virtual freehold property currently operating as a 59 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 YHA's network of over 100 hostels across England & Wales.

Description

YHA Cheddar sits at the heart of the village of Cheddar, which is a sought after location as the village resides on the edge of the Mendip Hills in an elevated position within the Mendip Hills Area of Outstanding Natural Beauty. The area is famed for the Cheddar Gorge, being well regarded as the home of the country's highest inland cliff and one of Britain's most impressive landmarks. The village has a population of some 5,800 and is located alongside the A371 between Wincanton and Weston-super-Mare. It is approximately 10 miles east of the M5 motorway, 17 south of Bristol and 11 east of Weston-super-Mare.

The hostel comprises two buildings, the main being a character Victorian property that appears to be constructed of stone and brick under pitched tiled roofs, with the annexe being constructed of stone with part render finish under pitched felt roof.

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Yha Cheddar- 59 Bed Hostel In Large Somerset Village Within Mendip Hills Area Of Outstanding Natural Beauty

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worle Station7.8 miles

About Sidney Phillips Limited, South West

Shepherds Meadow, Eaton Bishop, HR2 9UA

About Sidney Phillips

Pub, hotel and restaurant specialists with a bespoke and personal service

Whether you are looking to buy or sell a pub or a licensed business, we take great pride in delivering a personable service.

Our comprehensive expertise and experience ensure we are able to provide the highest standard of service to clients in the market.

Sidney Phillips operates a bespoke agency service which can assist with buying and selling of both leasehold and freehold assets.

Our specialisms include the sale of 'going concern' businesses as Business Transfer Agents with years of specialist sector knowledge.

A trusted and established name

Established in 1898, Sidney Phillips boasts a network of nine regional offices, providing unrivalled local knowledge with national coverage.

Our experienced team specialises in providing sales, acquisition and valuation services to the licensed trade including public houses, hotels, restaurants, coffee shops, clubs, leisure units, investments and development sites.

We pride ourselves on our professional approach and discretion, acting for a wide range of clients including pub companies, regional brewers, private investors, developers and individual freeholders, leaseholders and tenants.

Notes

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Disclaimer - Property reference 93781. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sidney Phillips Limited, South West. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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