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Abbey Street, 36, Carlisle City Hostel Ltd
Carlisle

For Sale — Retail
Status: New Instruction

About this property:

**FREEHOLD & BUSINESS FOR SALE**
**ESTABLISHED, PROFITABLE BUSINESS WITH LOTS OF POTENTIAL**
**GRADE II LISTED BUILDING**
**100% BUSINESS RATES RELIEF**

THE PROPERTY
A four story mid terrace building currently being utilised as a hostel. Access to the building is through a standard access door to the front elevation. In addition, a small yard area to the rear provides convenient access to West Walls.

There is disc zone car parking available immediately outside along Abbey Street.

Internally, the ground floor provides a living room and kitchen area. A staircase provides access to the basement area which is currently utilised as a utility room. In addition there is further storage accommodation within this area.

The first floor provides a six person bedroom to the front of the property, and a lounge area to the rear.

The second floor provides a further six person bedroom to the front of the property and two bathrooms (shower / basin / wc) to the rear with an additional WC and broom cupboard.

A further staircase provides access to the third floor where a further two separate bedrooms, one with en-suite, provide accommodation for up to 4 people in each.

At present, the accommodation can accommodate a total number of 20 people.

THE BUSINESS
The business has operated from this property since opening in 2013 and currently runs for 6 months of the year. The hostel is popular for tourists and backpackers visiting Carlisle and the surrounding area.

The established website www.carlislecityhostel.com allows parties to check availability, gain further information and see ratings from sites such as TripAdvisor. Carlisle City Hostel is also featured in international guide books such as ‘Rough Guides (To Europe and Britain) and Hadrian's Wall Path’.

This is an exciting opportunity to acquire an established, profitable business with lots of potential for further expansion, growth and profit. There is also further potential to convert the property into a B&B, HMO or a rental property.

The sale price includes: Freehold property, business, trade name, fixtures & fittings.

The property is not registered for VAT, therefore, VAT will not be payable on the sale price.

Terms: For Sale: Offers in the region of £295,000
are invited.
Size: 155.00 m² (1668 ft²)
Postcode: CA3 8TX
Ref:BB/7029