Peebles hotel business in historic property on the market
An 18th century castle in Peebles that is currently trading as a hotel and restaurant business has come onto the books of property firm Bruce & Co.
Castle Venlaw is said to have been constructed in 1782 and was used as a hospital during the First World War.
It currently trades as a 13 en suite letting room business.
The venue, which is set in its own grounds, is said to have been extended and refurbished numerous times over the centuries, including by the current owners who fully refurbished the letting rooms.
Public areas at Castle Venlaw include a bar, which is located in the castle’s turret, and two dining areas: The Smithfield Restaurant and the Adam Room.
The Smithfield Restaurant has a capacity of 50 covers while the Adam Room currently operates as the hotel’s breakfast room.
The sale of Castle Venlaw includes a three-bedroom owner’s apartment accessible from a private entrance.
Property agent Bruce & Co is marketing the venue as a “thriving hotel business, enjoying high levels of turnover”.
The firm said the hotel, which trades throughout the year, attracts a “good mix of tourists and local customers” and
would offer a prospective buyer “scope for growth and development”.
Castle Venlaw is available on a freehold basis for £875,000.