Three ‘good quality’ properties on the market
THREE licensed businesses in Edinburgh and Livingston are up for sale on the instruction of joint administrators.
The Edinburgh Lodge hotel, Livingston Lodge hotel and Oscar’s restaurant in Livingston are being marketed by property firm CDLH on behalf of administrators at accountancy and business advisory firm BDO.
Located on Hampton Terrace, close to Murrayfield and Haymarket, the Edinburgh Lodge was built in 1836 as a manse for the neighbouring church and is said to retain original features such as stained glass. The property now comprises 12 letting rooms and a breakfast room.
The restaurant is capable of achieving a good level of sales.
The Livingston Lodge, meanwhile, has 20 letting rooms, a public bar and restaurant, and is said to benefit from its location, just ten miles from Edinburgh airport. And the nearby Oscar’s restaurant is said to have undergone a recent refurbishment.
Kevin Hunter of CDLH described the three properties as “good quality”.
“The 12 letting room Edinburgh Lodge is a delightful and desirable hotel in a great location close to Murrayfield and Haymarket; the Livingston Lodge has 20 letting rooms, public bar and restaurant; and Oscar’s restaurant in Livingston has been recently refurbished to a very high standard and is capable of achieving a good level of sales,” he said.
“We anticipate the properties will generate a great deal of interest from the market.”
The Edinburgh Lodge Hotel is on the market at offers over £825,000, the Livingston Lodge at offers over £525,000, and Oscar’s is on at offers over £395,000.