DescriptionA well positioned and excellently presented backpackers hostel in the heart of Edinburgh's West End, opposite Haymarket Train Station.
Easy access to all of Edinburgh's tourist hotspots, as well as being only a 10 minute walk from the major retail pitches of St James Quarter, George Street and Princes Street.
Significant works of refurbishment including new roof, rewiring and replumbing were carried out within the last 10 years.
LocationThe Hostel - Edinburgh is situated on Clifton Terrace overlooking the busy Haymarket junction in Edinburgh's West End.
Across the busy junction is Haymarket Train Station and Haymarket tram stop as well as Starbucks, Black Sheep Coffee and various independent retailers.
The busy main road is home to many of the city bus routes including those to Murrayfield Stadium and Edinburgh Airport.
A short walk away lies Princes Street, Charlotte Square and George Street leading down to St James Quarter at the opposite end.
Internal DetailsThe hostel is contained within part of the ground, first and attic floor levels of a three-storey mid terraced property of traditional sandstone construction, set beneath a pitched slated roof.
The ground floor includes the main security entrance door and reception vestibule which in turn leads up to the principal accommodation at first floor level. The ground floor includes a large store room, and provides staff access to a rear outside garden/patio.
Fixtures & FittingsAt the expiry of the lease the majority of fixtures and fittings will remain in the ownership of the freeholder.
Letting AccommodationA total of 10 bedrooms or dormitories are provided, with the hostel's sleeping capacity being 102.
External DetailsA contained seating area is provided to the rear of the property, with astro-turf floor covering and decked seating areas.
The OpportunityThe Hostel - Edinburgh presents a superb opportunity to acquire a prime central Edinburgh investment in the very strong accommodation sector.
The hostel forms part of Clifton Terrace where other occupiers are the Liberal Democrat office, Guards Club and Guards Hotel, all owned separately and not linked to this sale.
TenureFreehold subject to the hostel lease which expires in 2035 but with a tenants option to extend for a further five years.
Current rent £96,000 with next rent review in March 2030.
Business RatesThe Rateable Value effective from 1 April 2026 is £59,400.
Confirmation of actual rates payable can be obtained from the local Authority.
