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Art collector’s boutique haven in Edinburgh goes on the market for £2.25m

Luxury boutique Edinburgh

24 Royal Terrace boutique hotel in Edinburgh has gone up for sale for £2.25m, and comes with the option of acquiring a vast art collection if desired.

The 16-bedroom property is the brainchild of entrepreneur Alan Campbell, who bought the former Ailsa Craig Hotel and refurbished it at a cost of about £1m, purposefully to share his art collection with a wider audience.

Now Campbell is relocation and is looking for a new owner to take over the business.

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Alongside the 16 bedrooms, including two self-contained apartments, plus a bar / restaurant on the ground floor, with a fully fitted kitchen and there are also gardens located to the rear of the property with decked seating areas.

The art collection would be made available to a new buyer on advantageous terms if desired.

24 Royal Terrace is located just a 10 minute walk to Princes Street and Waverley Train Station.

Stuart Drysdale, business agent of Christie & Co who is handling the sale, comments; “This is a rare opportunity to purchase a freehold boutique hotel in the city centre. It is an extensively upgraded property which has proved extremely popular with both international visitors and UK based tourists searching for a high standard of accommodation – currently ranked in the top 6 in Edinburgh. Accommodation in Edinburgh continues to prove popular with both investors and experienced operators.”

Tags : 24 Royal TerraceAilsa Craig HotelBoutique HotelChristie + CoedinburghHotelSALE
Emma Calder

The author Emma Calder

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