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Grosvenor Gardens Hotel, 1 Grosvenor Gardens, Haymarket, Edinburgh, EH12 5JU

Guide Price
£1,700,000

Business rates & charges may apply

Christie & Co, Hotels
SIZE

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SECTOR

Hotel for sale

Key features

  • Prime Central Location
  • Classical Victorian Building
  • 9 Bedrooms & Potential to increase
  • Tripadvisor 4/5, STB 4*
  • Short Term Let Licence in place
  • 3,976sq.ft Conditioned Area - EPC Rating G
  • Christie & Co Ref: 5245053

Description

Description

The current layout across ground and garden levels has nine letting rooms but the large dining room, kitchen and storage rooms provide scope to amend the layout depending on the style of operation.

The hotel benefits from a private garden and pavement vault storage.

Location

This property is situated in central Edinburgh's vibrant West End, near the Haymarket transport hub and business district.

Grosvenor Gardens is a sheltered Victorian terrace just off Haymarket Terrace close to St Marys Music School and the Donaldsons residential scheme in the prime residential area of West Coates. Haymarket Terrace links with Shandwick Place to the east, which in turn extends into Princes Street overlooked by Edinburgh Castle.

The Haymarket area of Edinburgh has undergone significant redevelopment in recent years with several major office developments exceeding 380,000sq.ft, as well as a major retail offer now nearing completion. The area remains extremely popular with tourists and locals with independent retailers and a wide variety of pubs, restaurants and cafes nearby.

Haymarket Train Station is close by which is a major transport hub with train links across Scotland, trams to the Airport and St Andrews Square / St James Quarter and major bus routes.

Internal Details

Current Room Schedule:

Double Deluxe – King Size bed

Family Room – 1 Kingsize and 1 Double bed

Family Room – 2 Double beds

Twin Double / Family Room – 2 Double beds

King Double Room – Kingsize bed

King Double Room – Double bed

Double Room – Double bed

Twin Single Room – 2 Single beds

Single Room – Single bed

Breakfast Room

Fully fitted kitchen and stores

Storage Room

Fixtures & Fittings

All fixtures and fittings of the hotel business will be included within the sale – a limited number of personal items will be identified and removed.

The Opportunity

In the same private ownership for nearly 20 years this central Edinburgh hotel operates on a bed and breakfast basis with a good reputation for quality accommodation in a quiet location but only a short walk from Haymarket Station and surrounding business district, the City Centre and Murrayfield Stadium.

Trading Information

The current owners have limited their trading periods, but trading information will be provided to suitably qualified buyers upon a formal viewing of the property.

Tenure

Freehold

Business Rates

The Rateable Value as of 1 April 2023 is £14,300. Confirmation of actual rates payable can be obtained from the local Authority.

Energy Performance Certificates

EPC 1

Brochures

Grosvenor Gardens Hotel, 1 Grosvenor Gardens, Haymarket, Edinburgh, EH12 5JU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Haymarket Station0.1 miles
  • Edinburgh Waverley Station1.2 miles
  • Slateford Station1.7 miles

About Christie & Co, Hotels

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 5245053-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Hotels. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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