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Prime hotel development opportunity

Edinburgh, United Kingdom

63%

Offers invited

Hotels & Resorts

#34240

Value-Add

28 Oct 2024

Property Details

Broker

For sale

51

Freehold

Vacant

conversion project

X

Fees

0.00 %

0.50 %

0.50 %

0.50 %

Investment Overview

A “rare” opportunity to purchase a listed Georgian building in the heart of Edinburgh’s New Town for conversion into a luxury hotel is being offered to developers. Formerly a car rental office, for sale, subject to planning permission to transform it into a 51-bedroom apartment hotel. Opportunity for a hotelier or hotel group to transform an empty building dating back to the 1800s into a beautiful hotel and revive the historic Georgian frontage.