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Coniston, Cumbria, LA21

£400,000

Business rates & charges may apply

Sidney Phillips Limited, Northern
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SECTOR

Leisure facility for sale

Key features

  • 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
  • SELLER REF 95751

Description

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.

YHA Coniston Coppermines is in a remote, rural location at the foot of The Old Man of Coniston. It attracts groups of walkers, hikers and watersports enthusiasts, and trades primarily on an exclusive hire basis due to its broad appeal and unique location.

YHA adopts 3 main opening patterns; these patterns are determined by a number of factors ranging from the wants and needs of the guests to the trading environment and the time of year. The opening patterns are F and I (Families and Individuals travelling independently), exclusive hire (taking over the entire unstaffed hostels exclusively) and organised groups/educational school trips. Each YHA hostel can adopt one or more of the above patterns during a trading year and will frequently transition between them throughout the season in order to maximise business opportunities. YHA Coniston Coppermines is currently operating a trading pattern which offers exclusive hire for groups or guests.

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.

Brochures

Coniston, Cumbria, LA21

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Windermere Station7.6 miles

About Sidney Phillips Limited, Northern

Northern

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 95751. 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, Northern. 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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