Southside Guest House on Newington Road has been sold to Roy Chung, a first-time entrant to the industry.
The mid-terraced property boasts eight en-suite letting rooms, reception area, a kitchen and breakfast room, a secluded private garden and patio.
Previous owners Franco and Lynn Galgani are retiring to spend more time with their family.
Stuart Drysdale, associate director at Christie & Co who handled the sale, said: “The hospitality market in the capital is extremely buoyant.
Experienced news, business, arts, sport and travel journalist. Food critic and managing editor of a well-established food and travel website. Also a magazine editor of publications with circulations of up to 200,000 and managing director of a long-established PR/marketing company with a string of blue-chip clients in its CV. Former communications lecturer at a Scottish university and social media specialist for a string of successful and busy SMEs.
