An exceptional opportunity to acquire a well-established hostel unencumbered by brand and management, with excellent rebranding and repositioning potential
Key Features
- Newcastle’s largest hostel providing 52 guest rooms and 236 bed spaces
- Large restaurant benefitting from 64 covers
- Situated just 0.5 miles (0.8 km) from Newcastle’s leisure and retail core
- Good transport connectivity, 0.6 miles (1 km) from Newcastle Railway Station
- Long leasehold
YHA Newcastle Central serves as one of the city’s largest hostels, alongside the Carliol Square Café. The property was originally a period office building which has been converted into a hostel. The building is arranged over basement, ground and three upper floors. The bedrooms are located predominantly on the three upper floors with a large Café called Carliol Square Café to the ground floor, a bean bag TV lounge, secure luggage storage and ancillary areas.
