Kings

Kings offers both an amazing family home and a substantial income from a successful, long established business.



Located in the middle of Eryri (Snowdonia) National Park, the hostel is surrounded by spectacular mountains, lakes, rivers and wildlife.



Set in its own wooded ravine on the foothills of Cader Idris, the location of this property is magnificent.



Within the grounds there is a camping field, ancient woodland, river, bridge and island. The scenic mountain stream has pools large enough for a bracing dip and a wild stock of salmon and sea trout.



The property is currently arranged to offer 7 letting bedrooms (with 42 beds), a one bedroom self contained unit, which is under renovation, and 5 bedroom family / staff accommodation.



Kings is well maintained with double glazing and central heating throughout. The heating system incorporates an economical and eco-friendly thermal heat store.



All fixtures, fittings and furniture are included in the sale!



MAIN HOSTEL

Entrance Hall

Radiator, notice boards, quarry tiled floor



Office 2.21m x 1.90m

Exit to rear corridor



Lounge 5.33m x 6.78m

Dual aspect, solid fuel stove (wood burner), 2 radiators, fitted bookshelves, parquet flooring



Corridor

Storage cupboard, payphone booth, quarry tiling



Drying Room

Large walk-in room with radiator, oil radiator and dehumidifier



Self Catering Kitchen 5.87m x 5.18m

Stainless steel worktops, two gas stoves, one electric oven, 2 fridges, stainless steel double sink/double drainer, extractor fans, radiator, fire exit, ceramic tiled floor



Cloakroom

Two W.Cs and hand basin, radiator, ceramic tiled floor



Staircase

Wood panelling, fitted carpet



Landing

Store cupboard, fitted carpet



Bedroom 1 - 5.18m x 3.35m

Dual aspect, hot and cold hand wash basin, radiator, fitted carpet



Bedroom 2 - 5.18m x 3.35m

Hot and cold hand wash basin, store cupboard, radiator, fitted carpet



Bedroom 3 - 5.18m x 3.35m

Hot and cold hand wash basin, radiator, fitted carpet



Bathroom

2 showers, 2 W.Cs, 2 hand wash basins, fire escape, exit, radiator, vinyl flooring



Water processing plant

3.5 tonne water storage, thermostatic frost protection, 4 pump sets, filter systems, digital dosing pumps



Outbuilding

With 13a power supply



Utility Room 4m x 2.29m

Stainless steel sink and drainer, washing machine, tumble drier, storage shelves, radiator



Corridor

Leading back to office



Dry Store

Food storage area, quarry tiling



Commercial / Family Kitchen 8.44m x 2.97m

stainless steel worktops, commercial stove, stainless steel double sink, fridge, chest freezer, radiator, quarry tiling



Dining Room 7.97m x 5.77m

2 original fireplaces, 2 radiators, wood panelling, patio door onto garden, parquet flooring



Staircase

Radiator, fitted carpet



Landing

2 radiators, fire escape, exit, fitted carpet



Bedroom 4 - 5.10m x 2.97m

Dual aspect, wood burning stove, stone and slate fireplace, 2 radiators, fitted carpet



Bedroom 5 - 3.58m x 1.88m

Feature window, radiator, fitted carpet



Bedroom 6 - 3.43m x 2.97m

Fitted cupboard, radiator, fitted carpet



Bedroom 7 - 3.96m x 3.51m

Loft hatch, radiator, fitted carpet



Bathroom

Bath with shower over, toilet, hand basin, storage cupboard, extractor, radiator, vinyl flooring



Bedroom 8 - 4.50m x 3.76m

Dual aspect, 2 radiators, fitted carpet



Bathroom

Bath with shower over, toilet, hand basin, large window, radiator, vinyl flooring



ANNNEXE

Bedroom 9 (Ensuite) - 5.56m x 3.96m

Cupboard, 2 x hot and cold hand wash basins, toilet, shower, radiator, fited carpet



Bedroom 10 (Ensuite) - 5.72m x 3.96m

2 x hot and cold hand wash basins, toilet, shower, radiator, fited carpet



Bedroom 11 (Ensuite) - 5.56m x 3.96m

2 x hot and cold hand wash basins, toilet, shower, radiator, fited carpet



Bedroom 12 (Ensuite) 5,72m x 3.96m

1 x hot and cold hand wash basin, toilet, shower, radiator, fited carpet



SELF CONTAINED UNIT (UNDER RENOVATION)

Kitchen Diner (under renovation)

Bedroom (under renovation)

Bathroom (under renovation)



THE GROUNDS

Kings is set within a site of special scientific interest (SSSI). There are approximately 7 acres with a camping field, fire pit, bike shed, tool shed, river, bridge, island, and ancient woodland.



Subject to the relevant permissions, the site could be developed very simply to generate its own green energy by utilising pico hydro, wind turbines and ground source heat pumps.



FURTHER INFORMATION

Kings offers great flexibility and freedom of choice.



As an existing mixed use property (composite hereditament), the new owners could choose to rearrange how the site is divided and allocate more or less of the accommodation to either the family / staff residence or business - without having to obtain further permissions.



At the moment, Kings is family owned and the business is operated by a separate company, Sea Snowdonia Ltd.



Sea Snowdonia Ltd. has over 12 months of confirmed advance reservations on it's books.



The company and all income / balances from outstanding bookings will be made available to the new owners for a nominal cost in addition to the purchase price of the property.



Kings is currently affiliated to YHA and has several other booking partners. An excellent business relationship is enjoyed with these partners and the new owners could either continue or discontinue these relationships, as is their preference. (Subject to acceptance).



Subject to planning permission, the new owners could also choose to fully develop the whole site, perhaps creating three substantial, separate residential dwellings or many more holiday lets, such as glamping chalets, for example.



Tenure: Freehold

Fully Licensed Premises

Private (free!) water supply

Private drainage

Mains electricity (Low price fixed for 12 months)

LPG gas (bulk storage)

30kw solid fuel stove (log burner)

Superfast FTTP broadband

Business Rates currently £501.56 per annum (Rateable Value £7500)

Council Tax band A



THESE PARTICULARS ARE A GUIDE ONLY. THEIR ACCURACY IS NOT GUARANTEED AND THEY DO NOT FORM PART OF ANY CONTRACT.

Property reference: IATA18970

Marketed by: I Am The Agent, Nationwide