Luxury boutique hotel, 24 Royal Terrace in Edinburgh’s city centre has come to market through Christie & Co, seeking offers over £2.25m.
The hotel features 16 en-suite letting rooms, including two self-contained apartments, a bar/restaurant and a rear garden with decked seating areas. There is also a fabulous art collection, which would be made available to a new buyer if required.
24 Royal Terrace is a high quality hotel that received great care from the current owners, who upgraded it extensively. The current owners are relocating, creating the opportunity for a new owner to take over this desirable business; run under management with full complement of staff.
Stuart Drysdale, Christie & Co agent who is handling the sale, commented, “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.”