The Townhouse Hotel in the Scottish Borders town of Melrose has been brought to the market, offering potential interested parties the opportunity to acquire a ‘first-class business’.
The 11-bedroom hotel is home to a 32-cover brasserie, 36-cover restaurant and a function room that can hold up to 70 guests.
There is also a large decking area that can seat 25 in the summer months and the two bedroom owner’s accommodation is also included in the sale.
Christie + Co, who is handling the sale, said the property came with ‘great potential’, suitable for an experienced or first-time operator.
Ken Sims, director at Christie & Co comments: “This first-class business operates as a boutique-style hotel, and is renowned for its excellent food and drink. Melrose is a popular tourist destination for fishing, golf and its many nearby historical landmarks so both the hotel and restaurant benefit from excellent trade.
“The function room is popular for private events such as anniversaries and birthdays and is an area of the business that can certainly be further developed.
“There is also potential to develop some of the external areas more effectively. This is therefore a great opportunity for an experienced or first-time operator to take over an established business with a great reputation and the potential to grow it even more.”