No 11 brasserie and boutique hotel in central Edinburgh for sale
No 11, a small boutique hotel in Edinburgh's Brunswick Street, has been brought to the market through specialist business property adviser, Christie & Co.
Brunswick Street is situated just a short stroll from Calton Hill, Princes Street and the Playhouse Theatre Edinburgh. No 11 consists of 10 en suite letting bedrooms, Brasserie Restaurant (26 covers) and private garden and provides easy access to the cultural, leisure and business locations of central Edinburgh.
Commissioned by the renowned Scottish architect William Playfair, No 11 Brunswick Street was completed in 1822. The building highlights some of the finest features of the Georgian era, from the illuminating cupola, ornate cornices and central ceiling roses, to the heavy front Portico flanked by solid stone Doric columns and grand entrance hall. Due to the soaring cost of stone and the quarries becoming exhausted only six of these houses were built and they were to become the last of the Georgian New Town.
The first owner was Lady Francis Erskine, the eldest daughter of the Earl of Mar. Upon her death in 1836 the house changed hands with a succession of ministers of the Church of Scotland living on the premises. In 1930 it was turned into the Black Watch club, for veterans of the oldest kilted regiment of the British Army, dating back to 1725. The extensive damage to the tiles in the entrance hall is believed to have been caused by the habit of soldiers rolling beer barrels in through the main entrance and into the bar.
In 1991 after sixty years as a regimental club, the building was turned into a hotel. The property was extensively refurbished in 2012 to provide modern hotel facilities, while retaining the original features and character. The property has been refurbished and upgraded to an excellent standard throughout and there is scope to add additional rooms with planning permission having been granted to create further bedrooms at lower ground floor level, with the potential of developing additional bedrooms within the garden.
Stuart Drysdale, Director at Christie & Co’s Edinburgh Office who is handling the sale comments, “No11 is a fine example of a boutique hotel in a secluded area with quick and easy access to all of the city’s amenities and tourist attractions. The property has been very well maintained and there is no requirement for any expenditure by the new operator. The hotel would be perfect as an owner-occupier lifestyle business or alternatively would make an excellent addition to a boutique hotel portfolio. The sale of No 11 allow the owners, Susan and Hamish, to move forwards with their retirement plans."
No11 is on the market at offers of £1,950,000 for the freehold going concern.