[11hostelguide]

Hardraw Old School Bunkhouse sleeps 26 persons and the sale includes the adjoining spacious 3 bedroomed home. In the Yorkshire Dales National Park, adjacent to the Pennine Way.

It is with regret, and due to changed personal circumstances, that we are placing the house and business on the market. There are idyllic views of the Dales from most windows, a constant stream of walkers and MTB-ers through the village and a warm community atmosphere.

The business currently operates year round although only hosts large groups from mid-November to mid-February. It brings in around £34k per year from mainly weekend group bookings. Outdoor activities are offered and requested by approximately one group per month. (A purchaser without the necessary qualifications could still offer this facility using my own outdoor business if desired—I am not moving far!) Some mid-week bookings are taken and a few groups regularly book in the summer for a one night, half board, option. Both of these avenues could be explored further by the new owner.

For the last 6 ½ years we have ploughed all profit back into renovating a dilapidated grade II listed school and master’s house. It is now an almost completely renovated business property and a family home that requires some superficial work to complete. We have undertaken the vast majority of the major work: roof, insulation, drainage, installation of biomass heating (for which there are another 17 years left of the RHI grant scheme), 4 new rooms on 2 mezzanines, new ladies bunkhouse bathroom, 2 new bathrooms and new kitchen in the family home. However, we estimate that a further £30-40K would be necessary to revamp the bunkhouse men’s bathrooms and to plaster, paint and carpet rooms that have yet to be finished in the family home.

Being a house and bunkhouse (separate but connected properties), the running costs are low, helped by the RHI grant that covers hot water, heating and biomass service costs. There are no business rates to pay.

The property is available for purchase immediately and there is no onward chain. We have decided to reduce the price from £600,000 ono to £560,000 at the beginning of March so please view the Right Move advert with the lower figure in mind. The property is huge, well-situated for an outdoor accommodation business and bookings cover most weekends of the year. However, the fact that a further £40k is required to compete the family home means the original asking price is too prohibitive for many and we have decided to reduce to encourage a swifter sale.

Right move link here.
On the market link here.

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