Hotel/guest house for sale in Investment Opportunity - West End Hotel, 35, Palmerston Place, Edinburgh EH12, £2,100,000
2,100,000.00
Offer Nr.:
64648076
Type of ad:
for Sale
Property type:
Hotel/guest house
Contact name:
Graham + Sibbald
Phone(s):
0141 376 7737
Email:
* Freehold
* 109 Bed Hostel occupying a Full Townhouse (5 floors)
* Thoroughly refurbished and immaculately presented throughout
* 10 Letting Rooms (8 with En - SuiteShower Rooms)
* Fully licensed
* Currently, let on an Fri Basis
* Possible Development Opportunity (on vacant possession)
Graham + Sibbald are pleased to bring market theWest End Hotel for sale.
Located in Edinburgh, a vibrant city with a population of around 500, 000 and
over 2 million visitors annually, making it one of the strongestregional
economies in the UK, particularly in the tourism sector. More specifically the
hotel is located on Palmerston Place in the West End of the city's Old Town.
Theproperty itself is a Grade B Listed Victorian Townhouse that has been
converted into a hostel. Access is via a single wooden door with a glazed
insert, and the hostelfeatures ten dorms that can sleep up to 109 people. The
townhouse was thoroughly restored and refurbished with a major renovation
happening in 2018. This really is abuilding that has been well maintained and
is offered in an immaculate condition.
The West End Hotel is currently tenanted, trading as a hostel and is available
as aninvestment opportunity. The sale of the West End Hotel provides a truly
wonderful opportunity to invest in a immaculately presented Edinburgh city
centre hotel.
109 BedHostel occupying a Full Townhouse (5 floors)
Thoroughly refurbished and immaculately presented throughout
10 Letting Rooms (8 with En - Suite Shower Rooms)
Fullylicensed
Currently, let on an Fri Basis
Possible Development Opportunity (on vacant possession)
Offers over £2, 1000, 000 are sought for the heritable property, thetrade
fixtures, fittings and equipment, together with the goodwill of the business,
which is to be sold complete as a going concern. **
Brochure Header**
A stunningfully restored townhouse in Edinburgh City Centre, sold as an
Investment or Development Opportunity
* 109 Bed Hostel occupying a Full Townhouse (5 floors)
* Thoroughly refurbished and immaculately presented throughout
* 10 Letting Rooms (8 with En - Suite
* Fully licensed
* Currently, let on an Fri Basis
* Possible Development Opportunity (on vacant possession)
Graham + Sibbald are pleased to bring market the
Located in Edinburgh, a vibrant city with a population of around 500, 000 and
over 2 million visitors annually, making it one of the strongest
economies in the UK, particularly in the tourism sector. More specifically the
hotel is located on Palmerston Place in the West End of the city's Old Town.
The
converted into a hostel. Access is via a single wooden door with a glazed
insert, and the hostel
townhouse was thoroughly restored and refurbished with a major renovation
happening in 2018. This really is a
is offered in an immaculate condition.
The West End Hotel is currently tenanted, trading as a hostel and is available
as an
wonderful opportunity to invest in a immaculately presented Edinburgh city
centre hotel.
109 Bed
Thoroughly refurbished and immaculately presented throughout
10 Letting Rooms (8 with En - Suite Shower Rooms)
Fully
Currently, let on an Fri Basis
Possible Development Opportunity (on vacant possession)
Offers over £2, 1000, 000 are sought for the heritable property, the
fixtures, fittings and equipment, together with the goodwill of the business,
which is to be sold complete as a going concern. **
Brochure Header**
A stunning
Investment or Development Opportunity
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