**Closing Date set for Monday 26th February at 12noon**McEwan Fraser Legal are delighted to be able to present to the market Fraoch House. Located in the highly desirable connecting area of Bonnington which is currently trading as a fully serviced nine-room guest house and is presented in immaculate condition throughout. The property forms and occupies part of a Victorian terrace row, with main door access spread over four floors including basement storage area including the owner’s accommodation.
This is a unique opportunity to purchase a substantial property and business which has been developed and extended in a very particular way and is currently operated with an attention to detail very rarely experienced, located in one of the most historic cities in the world. Fraoch House is currently run on a fully managed basis over the full year and prides itself on exceptionally high occupancy rates.
Presently the business is managed and enjoyed a particular quality of guest experience that has secured them glowing customer reviews on Trip Advisor and placed Fraoch House as the prime place to stay upon visiting Edinburgh.With the development of the extension, it has served the current owners very well over the last 14 years of ownership and could be developed further by its next owners. The property also has the potential to be redeveloped into luxury high end serviced apartments or a very prestigious residential residence given the location following the correct planning applications.
Accommodation consists of the following floors and levels:
Basement: With two letting bedrooms with en-suite bath and shower rooms and large utility service room with shower room.
Ground floor: Main door access which leads into the reception hallway. The breakfast room/guest dining room (should the new owners look to develop this area), owners lounge, double (letting) or owners bedroom with en-suite, and kitchen.
First Floor: Three letting rooms with en-suite shower room in two of the rooms with the third having access to its own separate shower room off the main landing area and a large linen storage cupboard. The second bedroom that can be converted to a twin.
Second Floor: Three letting rooms two double with en-suite shower room and a further one that has access to private utilities.
Nine rooms in total are available. One single, one twin and seven doubles including a disabled friendly double. Cots and extra single beds are available on request.
All rooms have their own bath facilities, seven en-suite and two with their own private bathroom (across the hall). All bedrooms benefit from toiletries, central heating, Wi-Fi, Freeview TV, hairdryer, and tea and coffee facilities.
Tenure - Freehold
Services - Gas, electric, telephone, broadband and water mains serviced.
For more information on the business, please visit www.fraochhouse.com
Extras (Included in the sale): Will be discussed on formal offer.
The description of properties on the website do not form part of any offer and all statements and photographs are for illustrative purposes only and not guaranteed. Buyers must satisfy themselves on the accuracy and authenticity of each property listed.
Location of Property
By appointment through McEwan Fraser Legal on 0131 524 9797
McEwan Fraser Legal are open 7 days a week: 8am - Midnight Monday to Friday & 9am - 10pm Saturday & Sunday to book your viewing appointment.
Part Exchange your property for a home on our site
If you are interested in a property we have available for sale and have your own property to sell, we can refer you to MP Ltd (who operate independently of McEwan Fraser Legal). They can offer you a guaranteed cash offer for your own property through this unique Part Exchange option which may allow you to sell your property quickly and easily without any Estate Agency fees or advertising costs. This allows you to make an offer for any property on our site safe in the knowledge that your existing house has a firm legal offer.
Mortgage funding may be available through an authorised mortgage broker
McEwan Fraser Legal are working closely with authorised mortgage brokers in order for our clients to obtain mortgage funding (see terms and conditions, which normally apply, below)
- Aged 18+
- You are in permanent employment
- Self Employed usually need to have 2 years accounts available
- Permanent right to reside in the UK
- You have no adverse credit that would affect your ability to repay funding
Should you wish to obtain further information please complete the enquiry form