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8 bedroom guest house for sale

AmarAgua Guest House, 10 Kilmaurs Terrace, Edinburgh, EH16 5DR

Sold by Us £735,000
231 sq. m.

Property Description

Commercial information

  • 2,486 sq ft (231 sq m)

Full description

McEwan Fraser Legal are delighted to be able to present to the market The AmarAgua Guest House located in the highly desirable area of Newington which is currently trading as a fully serviced six room guest house and is presented in immaculate condition throughout.

The property forms and occupies part of a Victorian terrace row comprising main door access spread over three floors including basement storage area and extended owners accommodation.

This is a unique opportunity to purchase a substantial property and business which has been developed in a very particular way and is currently operated with an attention to detail very rarely experienced, located in one of the most historic cities in the world. AmarAgua Guest House is currently run on a fully managed basis over ten months of the year with considerable scope for further development should the new owners decide to open up the current seasonal availability.

Presently the business is managed by owner occupiers who have very successfully targeted the discerning American market and have presented a particular quality of guest experience that have secured them glowing customer reviews and placed the AmarAgua Guest House in the prestigious American Travel Guide “Rick Steves” as well as in “Frommer’s” and “Fodor’s” for many years. It is currently managed on an adult only, minimum booking of two night’s luxury accommodation that has served the current owners very well over the last fifteen years of ownership and could be developed further by its next owners. The property also has the potential to be redeveloped into luxury high end serviced apartments or a very prestigious residential residence following the correct planning applications.

Accommodation comprises:
ground floor - Main door access, reception hallway, breakfast room/guest dining room (should the new owners look to develop this area) with stunning original wood paneling, Owners accommodation, double bedroom with en-suite, lounge, dining area and sitting room with access to the private rear garden space which has been designed to be low maintenance.
First Floor - Three letting room’s with en-suite shower rooms. And an office/storage room that could very easily be turned into additional guest bedroom if required.
Second Floor - Three letting room’s one double with en-suite shower room and a further two that are currently used as a family suite with shared utilities.

All bedrooms benefit from toiletries, dressing gowns, central heating, black out blinds, Wi-Fi, Freeview TV, hairdryer, and tea and coffee facilities.

Tenure - Freehold
Services - Gas, electric, telephone, broadband and water mains serviced.

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