Recently refurbished hotel in the heart of Edinburgh
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Recently refurbished hotel in the heart of Edinburgh

Edinburgh, United Kingdom

70%

Offers invited

Hotels & Resorts

#35985

Core+

18 Mar 2025

Property Details

Broker

For sale

69

Leasehold

Franchise

Restaurant and Bar

X

Fees

0.00 %

0.40 %

0.00 %

0.00 %

0.40 %

Investment Overview

Excellent connectivity with direct trains to London and Glasgow, and Edinburgh Airport just 5.9 miles away. Italian-themed dining venue with 82 indoor covers and an additional 36 on the terrace. Stylish guest rooms thoughtfully designed across five floors. Edinburgh recording the second highest RevPAR in the UK, surpassed only by London. Development potential to expand the hotel from 69 to 115 bedrooms (STPP), enhancing revenue and asset value. Operating under a π…π«πšπ§πœπ‘π’π¬πž π€π π«πžπžπ¦πžπ§π­ with Marriott International and managed by Cycas Hospitality. Long leasehold tenure, with approximately 138 years unexpired and a modest passing rent.

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