Edinburgh hotel sold for first time in 30 years through Christie & Co
Specialist business property adviser, Christie & Co, has announced the sale of Kildonan Lodge Hotel in Edinburgh. For nearly 30 years, the hotel has been run by Maggie Urquhart, who is now set to retire.
Located in the affluent suburb of Newington, Kildonan Lodge enjoys a large private plot which is within easy reach of Edinburgh city centre. The business is set in a large Victorian villa, which boasts grand period feature and comprises 15 letting rooms in a range of styles, from traditional with four-poster beds, to modern boutique.
Previous owner, Maggie Urquhart comments, “I would like to thank all our guests, many who have stayed multiple times. It has been a pleasure to meet you all and I wish you all the very best for the future. To my staff, who became like family, thank you from the bottom of my heart for your loyalty and dedication in helping make Kildonan Lodge such a warm welcoming place to stay.”
Gary Witham, Director – Hotels at Christie & Co, who handled the sale, comments, “Small high-quality hotels rarely become available so close to the City – there is certainly good demand from buyers who benefit from the international appeal of the Edinburgh market. Post Covid trade has been stronger than ever.”
Kildonan Lodge Hotel was sold with a guide price of £2,000,000.
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
P: 020 7448 8849 or E: bronte.hughes@christie.com
Contact the agent:
Gary Witham, Director – Hotels
P: 07712 198 834 or E: gary.witham@christie.com
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