This property is no longer on the market
8 bedroom end of terrace house
Key information
Property description & features
- Tenure: Freehold
- Georgian End-Terrace Townhouse
- Private garage to the rear
- Gardens to the front and rear
- Perfect for a family home or business
- 7 en-suite letting bedrooms
- Owners accommodation with garden access
- Strong turnover and healthy profits
- Same ownership for almost 20 years
- Number 7 rated Edinburgh Guest House on Tripadvisor
- 9.8 rating on Booking.com
In addition to the private garage there is free car parking available outside and on the surrounding streets. Currently being run as Sheridan Guest House but easily transformed to a family home. In beautiful condition.
Internally the property is laid out briefly as follows:
GROUND FLOOR | Entry vestibule with hallway; Reception; Breakfast/Dining room; Kitchen with dining area and owners lounge with garden access; Customer WC
FIRST FLOOR | 4 double en-suite letting bedrooms – our clients currently utilise 2 of these for personal use by way of an office and a storeroom.
SECOND FLOOR | 3 double en-suite letting bedrooms
GARDEN FLAT | (Owners accommodation); Lounge with under floor heating and garden access; Double bedroom; Bathroom; Utility room
EXTERIOR | Well maintained gardens to the front and rear; Garage to rear with access off Bonnington Grove;
We estimate the subjects extend to approximately 280 square metres.
THE BUSINESS | Our clients have owned and operated Sheridan Guest House now for almost 20 years during which time they have built up an exceptional reputation both for the quality of the establishment and Perhaps even more so for the hospitality offered.
A look at the reviews on Edinburgh_Scotland.html tells you everything about the way guests are welcomed to this outstanding business.
The owners have continually reinvested in this B listed property with major works being carried out recently such as a new roof and double glazing fitted to the rear within the last 2 years.
There is scope to develop what is already in place with this guest house as our clients reduced the number of rooms offered to 5 pre Covid and choose to operate for just 10 months of the year.
Overall, a beautifully presented Guest House business with enviable reputation located in an ideal position for visitors looking to appreciate all that Edinburgh has to offer.
TRADING FIGURES | Full trading, profit and loss accounts will be made available to seriously interested parties, only after formally viewing the business.
FIXTURES & FITTINGS | Fixtures and fittings relating to the operation of the business are included in the sale, personal items will be removed from the property on completion of the sale.
SERVICES | Mains drainage, gas, electricity and water are all connected to the property.
TENURE | Freehold
PRICE | Offers over £995,000 are sought for the heritable interest in the property.
RATEABLE VALUE | We are advised that the rateable value is £11,900. The property qualifies for 100% business rates relief under the Small business Bonus Scheme.
This wonderfully presented Guest House is situated in a prominent location on the corner of Bonnington Terrace and Bonnington Grove just to the north of Edinburgh city centre.
Bonnington Terrace forms part of the main thoroughfare of Newhaven Road which stretches from close to Newhaven Harbour to the north all the way to where it forms into Pilrig Street linking with Leith Walk to the south.
Sheridan Guest House benefits from a location that is ideal for visiting many of Edinburgh’s main tourist attractions whilst also just being a short walk to the vibrant port of Leith which amongst other attractions include The Royal Yacht Brittania.
Edinburgh city centre with its famous Castle, Holyrood Palace, Royal Mile and plentiful restaurants, bars and retail offering can easily be reached by foot, bus or taxi. Edinburgh is the second most visited city in the UK and attracts visitors all year round, especially during the world famous Fringe and Edinburgh International Festivals during August.
DISTANCES
Edinburgh Airport – 9.0 miles
Waverley Train Station – 2.5 miles
Edinburgh Bus Station – 2.0 miles
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