Royal Hotel | 21-23 Canongate
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Royal Hotel 21-23 Canongate
13 Room Hotel Jedburgh TD8 6AN £450,000 (£34,615/Room)
Investment Highlights
- Historically recognised property
- Rear parking for 4 vehicles
- High profile town centre location
- Busy market town on the A68
Executive Summary
Our clients purchased the property in 2016 and set out on the strategic refurbishment of the property, and a reconcentration of the business.
At present our clients trade on an accommodation basis only, choosing to focus on a lucrative bed and breakfast offering. This refocus has allowed our clients to maximise profits from accommodation whilst keeping staffing levels to a manageable level.
At present our clients trade on an accommodation basis only, choosing to focus on a lucrative bed and breakfast offering. This refocus has allowed our clients to maximise profits from accommodation whilst keeping staffing levels to a manageable level.
Property Facts
| Price | £450,000 | Lot Size | 0.07 AC |
| Price Per Room | £34,615 | Building Size | 5,281 SF |
| Sale Type | Investment | No. Rooms | 13 |
| Tenure | Freehold | Number of Floors | 3 |
| Property Type | Hospitality | Year Built/Renovated | 1688/1989 |
| Property Subtype | Hotel | Parking Ratio | 1.64/1,000 SF |
| Building Class | C | Corridor | Interior |
| Price | £450,000 |
| Price Per Room | £34,615 |
| Sale Type | Investment |
| Tenure | Freehold |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,281 SF |
| No. Rooms | 13 |
| Number of Floors | 3 |
| Year Built/Renovated | 1688/1989 |
| Parking Ratio | 1.64/1,000 SF |
| Corridor | Interior |
Amenities
- Restaurant
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 13 | £85.00 | - |
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Royal Hotel | 21-23 Canongate
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