The owner of famous Perthshire estate and golf resort Gleneagles has been given the go ahead by councillors to build a new hotel in Edinburgh.
Ennismore, the company also behind The Hoxton brand, is to take over two empty buildings at St Andrew Square in the city to transform into a new 33-bedroom boutique ‘club’ hotel, after plans were approved by city councillors.
The former Bank of Scotland premises, which closed its doors in 2016, will be turned into a new ‘high-end’ hotel, and become the sister property to the iconic Gleneagles resort.
The project is the first expansion in the brand’s 94-year history, labelled a ‘landmark moment for the business’.
The new property will be home to a mix of ‘seasonal Scottish dining’, hotel rooms, private meeting and events spaces and bars that ‘celebrate the best of Scotland’s whisky’.
A spokesman from Ennismore said: “We have worked hard with the council and partners to ensure that one of the city’s finest listed buildings is preserved and restored sensitively to create a fantastic new hotel and dining experience.
“We believe this will further enhance Edinburgh’s range of high quality hospitality and leisure offering line with the aspirations of both the council and Marketing Edinburgh.”
The developers have also applied for permission to build a full-width, recessed roof extension with an external terrace on the front section of the building – which will sit behind the building’s prominent statues.
To the rear of the two properties, a modern single storey and basement structure will be built, containing bedrooms, dining and kitchen spaces.
Gleneagles Hotel and its three golf courses were sold by Diageo to private equity firm and owner of The Hoxton group of boutiques, Ennismore in 2015 for a price rumoured to be around £150m.
In the company’s latest accounts, turnover for the hotel rose to £51.2m for the year ending December 2017.