YHA GRINTON LODGE (RICHMOND N/YORKSHIRE) - OUTSTANDING 73 BED HOSTEL IN THE HEART OF THE YORKSHIRE DALES
Grinton, Richmond, North Yorkshire
Ref: 95753
Freehold Offers Around £950,000
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Key Features
Location
YHA GRINTON LODGE is GRADE II listed and located just a short walk from the village of Grinton in the heart of the Yorkshire Dales, North Yorkshire. Some 9 miles east of the Market Town of Richmond. It is a sought-after with a thriving tourist trade. With beautiful country walks, an abundance of eateries offering locally sourced ingredients, market towns such as Richmond and Malton nearby, this is an excellent location.
YHA Grinton Lodge is an outstanding example of a Georgian hunting Lodge that was originally built by James Fenton of Doncaster. The property appears to be constructed in the main of stone with a pebble dashed render, pitched slate roof and offers extensive accommodation. It still retains many original features including a staircase, ornate ceilings and fireplaces.
YHA Grinton Lodge is an outstanding example of a Georgian hunting Lodge that was originally built by James Fenton of Doncaster. The property appears to be constructed in the main of stone with a pebble dashed render, pitched slate roof and offers extensive accommodation. It still retains many original features including a staircase, ornate ceilings and fireplaces.
Property
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.
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.
The Business
This large hostel premises sits within the renowned Yorkshire Dales and attracts a large number of visitors throughout the year but is especially popular with educational groups, other organised groups and individual bookings in search of outdoor pursuits. It provides huge scope for development of the existing hostel business, an independent hostel or an alternative use.
Due to the diverse nature and unique locations of all our hostels, YHA adopts 3 main opening patterns. These patterns are determined by a number of factors ranging from the wants and needs of our guests to the trading environment and time of year. The opening patterns are F&I (Families and Individuals travelling independently), Exclusive Hire (taking over the entire, hostel exclusively) and organised groups such as cyclists, walkers, and 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.
The Business is currently operating a Trading pattern which places it open to Exclusive Hire, small group and individual bookings.
Historically the hostel has been successful on a trading pattern that has seen a mix of families and individuals travelling independently, exclusive hire, and hire to organised groups such as cyclists, walkers, and educational purposes.
Due to the diverse nature and unique locations of all our hostels, YHA adopts 3 main opening patterns. These patterns are determined by a number of factors ranging from the wants and needs of our guests to the trading environment and time of year. The opening patterns are F&I (Families and Individuals travelling independently), Exclusive Hire (taking over the entire, hostel exclusively) and organised groups such as cyclists, walkers, and 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.
The Business is currently operating a Trading pattern which places it open to Exclusive Hire, small group and individual bookings.
Historically the hostel has been successful on a trading pattern that has seen a mix of families and individuals travelling independently, exclusive hire, and hire to organised groups such as cyclists, walkers, and educational purposes.
Tenure
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.
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.
Licence
Local Authority: North Yorkshire Council.
Rateable value: £30,500 and Council Tax Band A for the staff accommodation.
Rateable value: £30,500 and Council Tax Band A for the staff accommodation.
Services
Mains Electric
LPG GAS
Water is supplied from a boar hole
Septic Tank
LPG GAS
Water is supplied from a boar hole
Septic Tank
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Ceiron Griffiths
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