A Stone and slated 5 bedroomed (sleeps 20) property currently utilised as a successful back packing hostel situated close to both Windermere train and bus stations. This business presents an ideal opportunity for an investment venture without having to be in a hands on situation. In the same ownership for 18 years the business has been successfully run with the minimum of staff input providing an excellent return on investment. It produces above 60% net profit on a turnover of approximately £60K.
Description: Right in the centre of Windermere a substantial Lakeland Building run as a successful back packers hostel which sleeps 20.
Having been in the same ownership it’s now time to pass the reins on to the next owner looking for a great investment venture without having the need to be hands on, on a day to day basis. Effectively ran with minimal staff impact providing an excellent return on investment.
Location: Conveniently close to both Windermere village bus and train station being just off High Street. From our Windermere office proceed towards the Grey Walls Hotel bearing right up High Street. Immediately after the Lamplighter Dining Rooms turn left down a small lane into a courtyard whereupon the property can be found immediately in front.
Accommodation: (with approximate measurements)
Stairs to First Floor:
Sitting Room 15′ 10" x 12′ 3" (4.83m x 3.73m) Safe, television and phone point.
Breakfast Kitchen 13′ 1" x 11′ 0" (3.99m x 3.35m) Wall base units and bar stools, appliances including cooker, microwave, washing machine, dryer, refrigerator. Vaillant Boiler.
Bedroom 1 16′ 5" x 9′ 1" (5m x 2.77m) Sleeps 6 via 3 bunk beds.
Shower Room 3 Piece suite comprising of shower cubicle with Triton T80si shower, wash basin, WC and extractor fan.
Stairs to ground floor:
Bedroom 2 12′ 11" x 11′ 6" (3.94m x 3.51m) Sleeps 4 via 2 bunk beds.
Bedroom 3 13′ 5" x 8′ 3" (4.09m x 2.51m) Sleeps 4 via 2 bunk beds.
Shower Room 3 Piece suite comprising of shower cubicle with Mira shower, wash basin, WC and extractor fan.
Bedroom 4 8′ 3" x 7′ 7" (2.51m x 2.31m) Sleeps 2/3 via bunk beds (double bed with a single bunk above).
Bedroom 5 11′ 6" x 7′ 8" (3.51m x 2.34m) Sleeps 2/3 via bunk beds (double bed with a single bunk above).
Outside: Shared courtyard area with parking for 1 car and store room with electric.
Business Rates: Rateable Value of £5,000 with the amount payable of £2,420 2018/19. Small business rate relief may apply.
Services: Mains drainage, water, gas and electricity. Gas fired central heating and double glazed windows
Viewings: Strictly by appointment with Hackney & Leigh Windermere Sales Office.
Energy Performance Certificate: The full Energy Performance Certificate is available on our website and also at any of our offices.
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