31 - 33 Craigmillar Park, Edinburgh, EH16 5PE

Offers over £295,000 

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  • Impressive 16 Bedroom Edinburgh Hotel
  • Refurbished Property
  • Bar & Conservatory Dining Room
  • Self Contained Function Room
  • Huge Potential For Further Growth
  • Off Street Car Parking
  • 6 Bedroom Owners Accommodation

This long established hotel is situated on one of the main routes into the city of Edinburgh. The Northumberland Hotel is located on a commanding position in the Craigmillar Park area of Edinburgh. Originally built as a Victorian private residence the property has been converted & extended to a charming 16-bedroom hotel with all the modern facilities that come with a city hotel. Positioned within walking distance of the old town of Edinburgh, the location of the property is ideal for owners and guests alike to take advantage of the many magnificent facilities and attractions the beautiful City of Edinburgh has to offer. The popularity of the city of Edinburgh is well known through out the world with many thousands of visitors returning to enjoy the rich history Edinburgh has to offer. With many famous annual events such as, The Edinburgh Fringe Festival in August and the highly popular Hogmanay celebrations to name just a few. As one of the fastest expanding cities in the UK with a growing financial centre & the Scottish Parliament, the city has become one of the countries top destinations for commerce & tourism.
Over recent years the hotel has benefited from a major renovation programme being carried out, which has seen improvements to all of the public rooms, kitchen & gardens. The improvements have resulted in a most welcoming, bright & friendly environment for staff & guests alike to enjoy. With the recent addition of a delightful conservatory restaurant, no expense has been spared in the upgrading of the hotel. During our clients short tenure, plans to increase trading levels by focusing on marketing & promotion of the business has already resulted in a impressive level of growth in trade, with many future bedroom and function bookings in place. Regretfully, due to family reasons and after only owning the business for a short period of time, our clients have reluctantly decided to place The Northumberland Hotel on to the market. However, the sale offers new owners a wonderful opportunity to take advantage of the hard work & effort invested into the hotel.

The Property.
The Northumberland Hotel is located in the prestigious Craigmillar Park district on the south side of Edinburgh. On entering the hotel guests are welcomed in to a bright & spacious reception area with reception desk, back office & staircase leading to the letting rooms. The reception gives access to the office & also to the impressive bay windowed dining room with seating for up to 30 covers. The kitchen leads on from the dining room. Also accessible from the reception is the pleasant guests bar with table & chairs and a well stocked wooden bar with windows over looking the front gardens. Leading from the bar is the recently added conservatory with brown leather seating & a selection of tables, where guests can sit back and relax with a drink from the bar. The large function suite with dance floor & bar which caters for up to 150 people is an area of the business in which new owners may wish to push further. Weddings, functions & conferences are a side of the hotel that our client believes with the correct promotion & publicity, could add substantially to the turnover of the business. The upper floors houses the 16 letting bedrooms, private accommodation consisting of 4 double bedrooms & 2 private lounges, plus storage rooms. New proprietors would have the option of increasing the number of bedrooms by using some of the storage & private rooms. Currently 6 rooms are used for private accommodation. Car parking for 20 cars is to the rear of the property.

Letting Rooms.
The Northumberland Hotel has 16 bedrooms most of which have been upgraded over recent months and presented in a fresh, modern style. All 16 bedrooms are equipped with central heating, tea and coffee facilities, television, wireless broadband, direct dial telephone, & hairdryer. All rooms have en- suite facilities. The hotel could quite easily be converted into an 18 – 20 bedroom hotel, should new owners wish to use some of the six private rooms for letting.

Fixtures and Fittings.
A full inventory will be completed to detail all personal items excluded from the sale or items subject to a lease.

Price.
Offers over £295,000 are invited for the leasehold interest, complete with goodwill and trade contents but excluding personal items. Stock at valuation. 21 year lease remaining.

Viewing
For reasons of confidentiality, No direct approach may be made to the business.  All viewings must be arranged through Scottish Business Centre’s Edinburgh office.

Offers.
All offers should be submitted directly to Scottish Business Centre. Edinburgh office. 0131 535 1131.

             

Disclaimer:
Whilst Scottish Business Centre endeavours to make these particulars as accurate as possible; they do not form any part of any contract or offer nor are they guarateed. These particulars are provided only as a general outline of the property referred to. Applicants should make there own enquires and inspection of the property to satisfy themselves as to the accuracy or
Otherwise of the information given. These details were believed to be correct at the time of publication but their accuracy is not guaranteed.  Scottish Business Centre.

 
 
 
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