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YHA STREATLEY (STREATLEY ON THAMES)- 48 BED YOUTH HOSTEL IN SOUGHT AFTER RIVERSIDE VILLAGE

Reading, Berkshire, RG8 9JJ

Asking Price £850,000
Tenure Freehold

Description

FREEHOLD £850,000 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. TUPE The business is being sold as a going concern and under Transfer of Undertakings (Protection of Employment). 3 members of staff will be included. 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.

Location & Situation

TRADE AREAS TEN BEDROOMS sleeping 48 GROUND FLOOR Entrance leading to CENTRAL HALLWAY. Large DINING ROOM with bay window to the front of the property, seating for 36 customers comfortably and having service hatch from the catering kitchen. Spacious DRAWING ROOM with TV, settee seating for 12 and dining tables and chairs for a further 10. Access to garden. Large SELF-CATERING KITCHEN including fixed kitchen units with incorporated breakfast bar and electric cookers. Excellent storage. Reception with reception desk and direct access to large CATERING KITCHEN having non-slip floor, part tiled walls, extraction hood and a good selection of commercial catering equipment. LARGE WASH UP/PREPARATION ROOM off, and further STORE ROOM. Walk-in LARDER. BEDROOM 10 1 x 6 bed room). Separate SHOWER ROOM. WASH ROOM with two hand basins. Two WCs. FIRST FLOOR NINE BEDROOMS; 1 x 2– bed room, 3 x 4-bed rooms, 2 x 5-bed rooms, 3 x 6-bed rooms all having hand-wash basins. SHOWER ROOM with three separate shower cubicles. Second SHOWER ROOM with two shower cubicles and separate WC. PRIVATE ACCOMMODATION GROUND & FIRST FLOOR : DINING ROOM and KITCHEN with fitted units. Stairs to first floor having large PRIVATE LOUNGE, DOUBLE BEDROOM and 2 SINGLE BEDROOMS. Family BATHROOM. FORMER COACH HOUSE GROUND FLOOR CLASSROOM with seating for approximately 20. SHOWER ROOM with WC. FIRST FLOOR KITCHEN/DINER with fitted units. TWO BEDROOMS (doubles). EXTERNAL To the front of the property is a driveway from the main road which provides parking for up to nine vehicles. There is also a tiered front garden, the upper tier having a slabbed patio and bench seating for 12. This leads down to lawned area with further bench seats and with space for many more. To the side of the premises is an access pathway which leads to the rear, having cobbled courtyard providing fire escape access from the private kitchen. Also to the rear of the premises is a large triangular lawned garden with several seating areas, private parking and direct access to the former coach house and BIKE SHED.

Details

Property Type
YHA, Hostels, B&B/Guest House, Cafe, Hotels, Club/Social Club, Other Leisure Businesses

SidneyPhillips

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