Our Summary

• However, there is scope to add further accommodation within the existing building without the need for significant investment, adding either a further self-contained flat or additional bunk rooms
• Within the subjects is a substantial 3 / 4-bedroom owners house offering excellent family accommodation, or the potential to provide further letting accommodation
• Within this 1-acre site is further development potential, subject to consents, to provide pods or self-catering facilities
• The business's trading performance produces a sound adjusted net profit but there is scope to generate further income by harnessing the potential within the hostel and by development within the grounds; both may need planning consents
• This flexible additional area of 3 rooms offers considerable space and could be easily converted, subject to permissions, to additional accommodation either for letting purposes or extended family
• One is a large drying room and houses the boiler which can be utilised by guests and the other provides further general storage and has potential to be turned into a laundry
• There is a large workshop and woodstore in the grounds and there may be scope to add additional accommodation units subject to consents