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Royal Hotel | 21-23 Canongate
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Royal Hotel 21-23 Canongate
13 Room Hotel Jedburgh TD8 6AN $565,830 ($43,525/Room)
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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 | $565,830 | Lot Size | 0.07 AC |
Price Per Room | $43,525 | Building Size | 5,281 SF |
Sale Type | Investment | No. Rooms | 13 |
Tenure | Freehold | No. Stories | 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 | $565,830 |
Price Per Room | $43,525 |
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 |
No. Stories | 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 | $106.88 | - |
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Royal Hotel | 21-23 Canongate
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