£450,000

Hotel for sale

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Business

Guide price

£450,000

(£450,000.00/sq. ft)

Hotel for sale

Canongate, Jedburgh TD8

1 sq. ft

Local area information

Property location

Nearby amenities

  • Jedburgh Grammar School 0.1 miles
  • Parkside Primary School 0.2 miles
  • Belvedere Ferry Landing 20.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

14 bedrooms, all ensuite/Double and Twin. Private and newly fitted owners accommodation. Café bistro and meeting room. High profile town centre location in busy market town on the A68. Huge potential for new owners to expand already profitable trade. Commercial Kitchen. Currently only trading seasonally (closed Nov, Dec, Jan & Feb). Walk in condition for new owners. Rear parking for 4 vehicles (plus large free public car park a 2-minute walk away). Ideally suited for partnership team. An easily run business. Business benefits from 100% rates relief.

Freehold Guide Price £450,000.

The attractive market town of Jedburgh is situated on the main A68 in the southeastern corner of Scotland, located 10 miles from the border with England and just over an hours drive away from Scotlands vibrant capital Edinburgh.

The town is dominated by the magnificent twelfth century Abbey with its dedicated visitor centre. Jedburgh is steeped in history with many historic buildings including the Mary Queen of Scots Visitor Centre and the Castle Jail & Museum. The town offers a wide variety of restaurants and cafes, as well as a great range of independent shops, popular with the local community and visitors to the town and area.

The Royal Hotel occupies a prominent trading location in the town centre, a stones throw from the historic Jedburgh Abbey. This is an excellent trading location to capture passing trade, as well as to serve the local community.

There are a total of 14 letting bedrooms, all rooms can be either double or twin. The ground floor café/bistro (24 covers) is used for guest breakfasts. The café bistro has a small, licensed bar service area located off it. All public areas and letting bedrooms are offered in excellent turnkey walk-in condition.

Our clients have newly created an owners flat on the first floor, consisting of a large open lounge and kitchen, with double bedroom and an ensuite bathroom.

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. New owners may indeed wish to continue this profitable pathway and look to augment the offering with an enhanced food and beverage offering.

The café/bistro offers a real opportunity for business growth in terms of lunches as well as evening meals, or perhaps re-establishing a more public bar type offering.
Our clients choose to only operate the business on a seasonal basis, trading to tourists, walkers and workers employed in the area. There is still a demand for accommodation in the “off season” and the business has real potential for full year-round opening.

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  1. Zoopla
  2. Commercial for sale
  3. Scottish Borders
  4. Jedburgh
  5. Canongate

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