Newcastle city centre hostel up for sale for £195k

A Victorian building that was redeveloped into a popular ‘bunkhouse’ style hostel in the heart of Newcastle city centre is on the market for £195,000.

Heroes Hostel-Hotel on Grainger Street offers accommodation for up to 75 people and is close to a number of Newcastle landmarks and top things to see and do.

The site has 14 bedrooms over three floors, comprising twin and triple bunk beds in rooms for up to nine people. All of the 14 rooms are en-suite with shower, toilet and washbasin.

“Heroes Hostel-Hotel is within the walls of the city of Newcastle upon Tyne,” the owners said.

“It is 10 metres from the famous Bigg Market, within walking distance of the Theatre Royal, the cathedrals, the Metro Radio Arena, Newcastle United football ground, the Newcastle Quayside and Bridges, The Gate entertainment complex, bars and Aspers Casino.

“The Eldon Square shopping centre is only 100 metres from Heroes Hostel-Hotel.

“The Gateshead Metrocentre is a 15-minute bus or train ride away.

“The whole of the North East history is within your reach, visit the world famous Hadrian’s Wall and Vindolanda Roman Camp, which is an acclaimed World Heritage site.”