Hotel on Edinburgh to Newcastle route for sale
A BORDERS hotel on the main Edinburgh to Newcastle road has come onto the books of property agent Colliers International.
The Black Bull Hotel in the town of Lauder has eight en suite letting bedrooms and can accommodate 21 guests; two of the bedrooms have an additional adjoining room allowing them to be used as suites or family rooms.
The property, which is category B-listed with Historic Scotland, also comprises two bars, a lounge, restaurant and function room.
The lounge is currently used as a dining area and features a traditional fireplace, while the main restaurant can seat 45 covers and also features a fireplace and a Palladian window.
Private car parking is located to the side and rear of the hotel.
Colliers International director Alistair Letham said he is marketing the property on behalf of Perthshire Taverns Limited, which has owned the Black Bull since 2008 and is set to focus its business interest elsewhere in Scotland.
“With its attractive Georgian façade and prominent location on a busy main road thoroughfare, the Black Bull offers an excellent opportunity for a cash buyer,” said Letham.
“The business has enjoyed excellent turnover and good profitability in the past and there is no reason, under new owners, why it cannot revert to this.”
Colliers International is inviting offers for the Black Bull Hotel.