YHA GRINTON LODGE (RICHMOND N/YORKSHIRE) - OUTSTANDING 73 BED HOSTEL IN THE HEART OF THE YORKSHIRE DALES

FREEHOLD £950,000 to include goodwill, fixtures and fittings. Stock at valuation in addition.  In addition, there is a telecoms mast that is subject to a lease which is currently being renewed. 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. TUPE The business is being sold as a going concern and under Transfer of Undertakings (Protection of Employment). Five staff will be included. There are additional staff that are on fixed term contracts and will not be included in TUPE. YHA FRANCHISE YHA’s network comprises over 100 hostels across England & Wales, with a collection of unique buildings in amazing locations: in cities, national parks, rural, village and coastal locations. In 2022-23 over 845,000 guests stayed with YHA, with guest satisfaction ratings averaging over 90%. The YHA network already includes a significant number of independently owned and operated hostels under the YHA brand. YHA is excited to offer the opportunity for the right partner with entrepreneurial ambition and matching values to join the network. For further information about YHA franchise opportunities please contact Sidney Phillips.

TRADE AREAS Common areas comprise, SPACIOUS LOUNGE, GAMES ROOM, DINING ROOM, Large COMMERICAL KITCHEN, SELF-CATERING KITCHENS each with own dining room. DRYING ROOM. The letting accommodation is arranged on the ground, first floor and in the tower. Being 20 BEDROOMS(3 En-suite rooms) offering 73 beds(sleeping 77). 14 SHOWER ROOMS and 13 WC’s STAFF ACCOMMODATION BEDROOM. Three bedrooms, kitchen and living area with 2 showers and 2 toilets. EXTERNAL Extensive grounds, approx 5acres with large car park, courtyards, gardens, Camping field and woodland field with 5 sleeping pods.