Hi Zahava,
Our hostel in Windermere , Cumbria is currently on the market for £399500.00
One of the advantages of our hostel is that it requires very little input from the owners , unless they wish to be involved more. I would say that an hour day dealing with bookings and admin is an average.
Current turnover is around £55K with profits upwards of £30K
Please visit our website at http://www.lakedistrictbackpackers.co.uk and if you require more information please either email me or contact me on 07798 711799.
I look forward to hearing from you.
Kind regards
Paul Fletcher