A duo who own and operate a number of guest houses in the Scottish capital Edinburgh have grown their footprint further after snapping up a new property in the city.
Mr and Mrs Sanjeev Kapoor purchased the Heriott Park Guest House for close to the asking price of £1.25m, who will now focus on continuing the success of the 16-bed boutique on Ferry Road.
The property was sold through Colliers International on behalf of seasoned hotelier Stewart Thom and Gary Turner, who despite enjoying a busy trade now plan to retire from the business.
Alongside Heriott Park’s 16 bedrooms, the guest house is home to a breakfast dining room and private accommodation.
Alistair Letham, a director in the UK hotels agency team at 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 business in Edinburgh.”