:
UK: Small boutique hotel put on the market
A small Edinburgh hotel has been put on the market for £2.5 million.
Set in a quaint Georgian townhouse in the centre of the city, 24 Royal terrace features a modern art collection curated by the current owners. The art collection could be included in the sale.
The hotel houses 16 guestrooms and a restaurant and garden. The décor is inspired by modern art. The business is for sale as a going concern, including all members of staff.
Stuart Drysdale, Business Agent of Christie & Co, said: “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.”
Christie & Co is handling the sale.
