A small but perfectly formed hotel on Royal Terrace is on the market for £2.5m.
24 Royal Terrace was upgraded by the current owners and has an art collection which could be included in the sale on ‘advantageous terms’. The business is for sale as a going concern with all members of staff who run the 16 bedrooms alongside two self contained flats. There is a bar/restaurant and gardens to the rear with a decked seating area.
Stuart Drysdale, Business Agent of Christie & Co who is handling the sale, comments; “This is a rare opportunity to purchase a freehold boutique hotel in the city centre. It is an extensively upgraded property which has proved extremely popular with both international visitors and UK based tourists searching for a high standard of accommodation – currently ranked in the top 6 in Edinburgh. Accommodation in Edinburgh continues to prove popular with both investors and experienced operators.”
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