New owners check in | Scottish Licensed Trade News

Scottish Licensed Trade News

New owners check in

Posted on by in Property

An Edinburgh guest house has new owners at the helm after changing hands in a deal brokered by licensed property agents Colliers International.

• The property has 16 letting bedrooms.

• The property has 16 letting bedrooms.

Located on Ferry Road, Heriott Park Guest House was sold by experienced operators Stewart Thom and Gary Turner to Mr and Mrs Sanjeev Kapoor for an undisclosed sum said to be close to the £1.25 million asking price.
The guest house, which spans two Edwardian villas, comprises 16 letting bedrooms, a breakfast dining room and private owner’s accommodation.
Alistair Letham, of Colliers International, said: “The Heriott Park Guest House has proved to be a healthy and profitable business, in a good location, and the sale recognises the continuing appeal of privately operated accommodation businesses in Edinburgh.”

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