29 Albany Street, Edinburgh, EH1
- SIZE AVAILABLE
7,100 sq ft
660 sq m
- SECTOR
17 bedroom hotel for sale
Key features
- Forward commit opportunity with bespoke branding and operational flexibility for an incoming purchaser
- Planning approved, with construction commencing in Q3 2025 and completion due Q4 2026
- High-specification finish with energy-efficient systems and a predicted EPC rating of B (offering substantial operational savings compared to most aparthotels/hotels across the city)
- Stylish interiors combining restored Georgian features with modern amenities
- Three sympathetically restored under-pavement cellars for plant, storage, and services
- Prime city-centre location close to Princes Street, Waverley Station, the Old Town and key landmarks
- Strong income potential supported by one of the UK's most resilient hotel markets
- Detailed operational forecasts are available on request from Knight Frank, reflecting a fully managed model with a projected 7.5%-8% EBIT in Year 1
Description
This A-listed Georgian townhouse, complemented by a modern rear extension, blends period elegance with contemporary design. The development offers a thoughtfully curated mix of classic rooms, executive suites, and family units, some with self-catering facilities; appealing to both leisure and corporate guests.
With rising demand for high-quality aparthotel accommodation in central Edinburgh, 29 Albany Street represents a compelling long-term investment opportunity.
Full investment pack and financial forecasts available on request from Knight Frank.
*All images have been computer generated and are for illustrative purposes only*
Rateable value will be confirmed upon completion.
Forecasted completion Q4 2026.
29 Albany Street, Edinburgh, EH1
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Edinburgh Waverley Station0.4 miles
- Haymarket Station1.3 miles
- Slateford Station2.9 miles
Notes
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