{"loaderData":{"0-3":{"propertyListing":{"building":{"id":"758523267388752","summary":"Freehold. Hostel Opposite Haymarket Station. 10 Rooms with 102 Bed Spaces. Lease to 2035 with Tenant Option to Extend. Strong VP Value - Low Covenant Strength. Upper Floors with Ground Floor Entrance","archived":false,"description":"Description

A 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.

Location

The 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 Details

The 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 & Fittings

At the expiry of the lease the majority of fixtures and fittings will remain in the ownership of the freeholder.

Letting Accommodation

A total of 10 bedrooms or dormitories are provided, with the hostel's sleeping capacity being 102.

External Details

A contained seating area is provided to the rear of the property, with astro-turf floor covering and decked seating areas.

The Opportunity

The 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.

Tenure

Freehold 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 Rates

The Rateable Value effective from 1 April 2026 is £59,400.

Confirmation of actual rates payable can be obtained from the local Authority.

","disclaimer":{"raw":"Disclaimer - Property reference 5245071-fh. The information displayed about this property comprises a\n property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of\n the advertisement or any linked or associated information, and Rightmove has no control over the\n content. This property advertisement does not constitute property particulars. The information is\n provided and maintained by Christie Owen & Davies Ltd, Hotels. Please contact the selling\n agent or developer directly to obtain any information which may be available under the terms of\n The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations\n 2007 or the Home Report if in relation to a residential property in Scotland.\n"},"transactionType":"SALES","amenities":[],"keyFeatures":["Hostel Opposite Haymarket Station","10 Rooms with 102 Bed Spaces","Lease to 2035 with Tenant Option to Extend","Strong VP Value - Low Covenant Strength","Upper Floors with Ground Floor Entrance","Energy Rating F","Christie & Co Ref: 5245071"],"environment":{"epcRating":"D","breeamRating":null,"environmentalDescription":null},"pricing":{"price":1750000,"displayQualifier":"GUIDE_PRICE","frequency":null,"rentObligation":null},"useClasses":[],"tenureType":"FREEHOLD","tenureYearsRemaining":null,"parkingSpaces":null,"yearBuilt":null,"yearRenovated":null,"listedBuilding":null,"numberOfFloors":null,"planningPermission":null,"businessForSale":true,"media":{"brochures":[{"uri":"property-brochure/c6ce1edc1/758523267388752/c6ce1edc1a76a3ca5675c8e0c71f7cb8.pdf","description":"Sales Details"}],"photos":[{"uri":"property-photo/5c8a75f2d/758523267388752/5c8a75f2d3facf786c42f7b79d2a243a.jpeg","description":""},{"uri":"property-photo/d7dd63028/758523267388752/d7dd63028685e6fc5fb779b9e3d1a6d4.jpeg","description":""},{"uri":"property-photo/0644004f0/758523267388752/0644004f06061d046f86fae2997feb00.jpeg","description":""},{"uri":"property-photo/48ed40098/758523267388752/48ed400989f98556b18befa82a9e4648.jpeg","description":""},{"uri":"property-photo/1ba2ff46b/758523267388752/1ba2ff46b0a28fe1c2f8b5b920f5e544.jpeg","description":""},{"uri":"property-photo/01fd3ef95/758523267388752/01fd3ef956d06fe004463e49b7cd9e89.jpeg","description":""},{"uri":"property-photo/590825aed/758523267388752/590825aed35b343d57002f5ffd4f7cdc.jpeg","description":""},{"uri":"property-photo/95c9399d3/758523267388752/95c9399d3b228f0714dd86921f10f4c9.jpeg","description":""}],"floorPlans":[{"uri":"https://assets-eu-01.kc-usercontent.com/6bb3df3c-b648-01ae-2357-22fa5c7d5f19/05b90e7f-a7ad-4a77-862a-1f1fba29b4f2/F5245071-1.jpg?w=1024&90141fd2-aba2-4de7-bf6c-b2e9312895d2=1","description":""}],"virtualTours":[],"videoTours":[],"epcs":[],"epcGraphs":[]},"sizing":{"unit":null,"size":null,"minSize":null,"measurementType":null,"maxSize":null},"location":{"displayAddress":"The Hostel - Edinburgh, 3 Clifton Terrace, Edinburgh, EH12 5DR","showMap":true,"postcode":{"incode":"5DR","outcode":"EH12"},"streetView":null,"latitude":55.946201,"longitude":-3.218512},"nearestStations":[{"distance":0.06014114653757885,"name":"Haymarket Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":1.1843456925954055,"name":"Edinburgh Waverley Station","types":["NATIONAL_TRAIN"],"unit":"miles"},{"distance":1.6663592637247657,"name":"Slateford Station","types":["NATIONAL_TRAIN"],"unit":"miles"}],"agents":[{"name":"Christie Owen & Davies Ltd, Hotels","email":null,"profileUrl":"/estate-agents/agent/Christie-and-Co/Hotels-260756.html","logo":"/partner-logo/17609945-LOGO-1765963357.jpeg","id":260756,"description":"

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work
We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

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What makes us tick
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