former Youth Hostel Association YHA Wells-next-the-Sea Hostel, Wells-next-the-Sea, Norfolk; sold in 2024

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Brief description

https://www.sidneyphillips.co.uk/news-item/802/

"The Youth Hostel Association Wells-next-the-Sea, has been sold through licensed property specialists, Sidney Phillips.

YHA Wells-next-the-Sea occupies a two-storey detached brick building under slate tile roof that dates back to 1914. The property benefits from being located on Church Plain only a short walk from the seafront.

Internally the property briefly benefits from 8 letting bedrooms, a 2 bedroom managers flat, a communal lounge, kitchen and dining room, the property also has a car park with space for 9 vehicles.

Zaine Lamont, Regional Valuations Manager for the Eastern Counties handled the sale and comments, “I’m extremely excited to see what the purchasers have in store for YHA Wells and having looked into their previous projects I’m certain they are going to transform this building into one of the ‘go to’ accommodation venues along the Norfolk Coast, I want to wish Tom and his team at ARC all the best for the future, and I look forward to seeing the venue once all the improvements have been finalised”.

The YHA Wells-next-the-Sea has been sold to experienced boutique hoteliers ARC, with this purchase now adding to their other bespoke venues in Painswick and Padstow.

Sidney Phillips sold The YHA Wells-next-the-Sea off a Freehold Asking Price of £400,000.

For more information on purchasing or selling your hospitality property, call or email the Sidney Phillips Eastern Counties office today on 01522 500059 or email east@sidneyphillips.co.uk .

(22nd April 2024) "

Address

Church Plain, Wells-Next-The-Sea, NR23 1EQ

Email


Phone


Website

https://www.visitnorthnorfolk.com/stay/wells-next-the-sea-yha-p1517931

https://hihostels.com/hostels/yha-wells-next-the-sea/

https://www.yha.org.uk/hostel/yha-wells-next-the-sea

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