THE sale of Scarborough’s Youth Hostel is back to the drawing board as interest in the property drops.
A buyer had come close to completing a deal for the Burniston Road hostel, which has been on the market since its closure was announced in May 2010.
A sold sign had even been placed across the For Sale sign.
However the deal fell through, leaving the hostel to welcome another year seeking a buyer.
Duncan Simpson, head of corporate affairs and policy at the Youth Hostel Association, said: “There was some interest in buying the property and at one time we thought we might be close to a sale, but sadly that interest has gone away, as sometimes happens, and the hostel continues to be on the market to sell.”
Scarborough Youth Hostel opened in 1935. Its ﬁrst owner and warden was a Mrs Atkinson who eventually sold the business to the Youth Hostel Association.
It was out of action for ﬁve months from October 1961 due to extensive alterations, increasing the capacity from 50 to 70.
The hostel attracted around 5,000 stays each year, with occupancy of 51 per cent.