126 Old Dalkeith Road
Offers over £650,000
Our client has operated the 11 bed en suite business since 2008 and is looking to sell due to a change in personal circumstances.
They have undertaken a number of upgrading works during this time which have included en suite upgrading, kitchen extension and redecoration.
The business offers a superb opportunity for potential purchasers to develop the business further. Full details of the business can be found on the clients website www.ardenedinburgh.co.uk.
The majority of income is generated from the internet and word of mouth, supplemented by tourists, visitors and business travellers. Excellent repeat business is enjoyed also from contractors and hospital related personnel.
Marketing is undertaken via the client’s website and the hotel booking websites www.bookings.com and www.laterooms.com. Bed & breakfast is charged at £90 for a double room in the summer with discounted rates of £55 for a double and £35 for a single in the winter months.
Typically Hogmany and the Edinburgh Fringe periods are exceptionally busy. An increased level of business is also enjoyed at times of international rugby matches, bank holidays and other cultural/sporting events being held in Edinburgh.
The business is operated on a hands on basis by our client and back up housekeeping staff as and when required.
The guest house has been given a 3 star rating by the AA, although it scores at the higher end of the banding and we are advised could be revised to 4 star.
Financial documentation will be provided to seriously interested parties only after viewing and confirmation of interest.
Please also see the clients own website for further information regarding the sale. http://ardenedinburghsale.com
There is also the potential of the property being suitable for alternative use, subject to necessary consents.
The subjects are located on the South side of Old Dalkeith Road, just West of its junction with Kingston Avenue, approximately four miles Southeast of Edinburgh city centre.
Surrounding properties are principally residential in nature, though there are a small number of other privately owned guesthouses in the vicinity.
Old Dalkeith Road is a very busy traffic thoroughfare which carries a substantial volume of vehicles on a daily basis to and from the city centre via the Cameron Toll junction, linking as it does to the city bypass at the Sheriffhall roundabout, which lies further Southeast.
The new Edinburgh Royal Infirmary has been developed at Little France, which is also a short distance to the East, and dominates the North side of Old Dalkeith Road.
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