Kings offers the perfect combination of a welcoming family home and a thriving, long-established business with a proven income.
Nestled in the heart of Eryri (Snowdonia) National Park, the hostel is surrounded by breath-taking mountains, serene lakes, winding rivers, and abundant wildlife.
Set within its own wooded ravine on the lower slopes of Cader Idris, the property enjoys an outstanding location. Its grounds feature a camping field, ancient woodland, a river with a bridge and island, and a beautiful mountain stream with natural pools, perfect for a refreshing swim. The grounds extend to approximately 6.41 acres in total.
Accommodation currently includes 8 letting bedrooms (42 beds in total), with one currently under refurbishment, to include en-suite and kitchenette and a spacious 5-bedroom family/staff residence, providing the opportunity to live on site if desired.
Well maintained throughout, Kings benefits from double glazing, LPG central heating, and an economical, eco-friendly thermal heat store system.
All fixtures, fittings, and furniture are included in the sale, together with any future bookings, ready for you to step in and start living the lifestyle. The property is also fully licensed.
The current vendors are happy to discuss accounts of the business with genuine interested buyers.
The property offers excellent flexibility, with property being able to be used as either commercial for guests or staff, or residential, with the split being up to the owner.
The opportunity to purchase Kings Hostel provides an exciting opportunity to relocate and run an excellent business within this beautiful part of Wales, viewing is highly recommended.
Location Islawrdref lies about 4.5 miles from the heart of Dolgellau, set in the foothills of the Cader Idris Mountain Range. Surrounded by breathtaking rural scenery, it offers a peaceful and picturesque setting.
The ancient market town of Dolgellau sits within an area of outstanding natural beauty set in the Southern Snowdonia National Park, at the foot of the Cader Idris mountain range. Dolgellau is an excellent base for walkers and outdoor pursuits. The town provides a small cottage hospital, primary & secondary schools, a tertiary college as well as restaurants, pubs, library, rugby & cricket clubs and is within 10 miles of the coast and 6 miles of a main line railway station.
Council Tax Band: A - £1,534.13 Tenure: Freehold Parking options: Driveway, Off Street Garden details: Enclosed Garden, Private Garden Non-residential rateable value is £7,500. 2025 bill after reliefs, is £639.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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