**Standout Features:**
- 107-bed hostel comprised of 14 rooms with a mix of dormitory and private accommodations.
- Ground floor includes a lively sports pub and restaurant.
- Prime location adjacent to Greenwich Station and close to historic attractions like Greenwich Park and the Cutty Sark.
- Two-bedroom manager's apartment on-site.
- Freehold tenure with a large plot size.
**Potential Concerns:**
- High crime rate in the area.
- Average area deprivation status.
**Summary Description:**
This 107-bed hostel presents a remarkable investment opportunity in the heart of Greenwich, SE10. Housed in a charming Victorian building, the property features a vibrant sports pub and restaurant on the ground floor that enhances its appeal to both guests and locals. With an ideal location next to Greenwich Station, you can expect consistent foot traffic and easy access to London’s iconic landmarks. The accommodation options are diverse, from shared dormitories to private rooms, making it adaptable to various guest needs.
The surrounding area is rich in history and culture, boasting renowned sites like the National Maritime Museum and the Royal Observatory. Potential buyers will appreciate the on-site two-bedroom manager's apartment, providing convenience for overseeing operations, while the spacious layout allows for numerous configurations. However, it’s important to consider the high crime rate in the vicinity and average area deprivation when assessing this opportunity. With the potential for further development or enhancement, this is a rare chance to invest in a prime commercial property in a vibrant urban setting. Don’t miss the opportunity to make this unique hostel your own!
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