Property description
Part Exchange available, McEwan Fraser Legal are delighted to be able to present to the market The Sukura Guest House, which is currently trading as a fully serviced seven room guest house. The property occupies part of a Victorian terrace comprising main door access including basement accommodation.
This is a unique opportunity to purchase a substantial property and business located in one of the most historic cities in the world. Sakura Guest House is currently run on a fully managed basis with considerable scope for further development.
The property also has the potential to be redeveloped into an HMO providing the correct planning application and permissions are obtained or a prestigious residential residence. Accommodation ground floor- including main door access, breakfast room/lounge and two letting bedrooms, plus ownerâs accommodation. Basement level five, letting roomâs mix of double single and family rooms with access to shower rooms and separate WC. Legal costs: each party will be responsible for their own legal costs with the tenant responsible for the payment of any stamp duty, land tax and registration dues. VAT: Value Added Tax at the prevailing rate will apply (if
applicable). Rateable value: the Uniform Business Rate for 2014/15 is currently set at £0.471. 100% rates relief may be available to qualifying companies under the Scottish Governmentâs Small Business Bonus Scheme, full details are available on the Scottish Governmentâs website or via the Sole Agent.
Accounts will be made available to serious parties only following a formal viewing and NOI.
Early viewing recommended Tenure: Freehold
Services: gas, electric and water all mains serviced.
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.
EXTRAS (Included in the sale): Will be discussed following a formal viewing.
Property Features :
- 8 bedrooms
- 1 public room
- 6 bathrooms