Ravensdown Guest House
From the Fringe to Hogmanay to the Six Nations, there is always something going on in the Scottish capital, making Edinburgh a highly appealing holiday destination.
If you are interested in making the most of the capital’s tourism appeal or city living then, Ravensdown Guest House is currently offering itself as an ideal business opportunity, complimented with the potential to be converted into a unique, well placed family home. Either way Ravensdown is ideally situated away from the hustle and bustle of the city centre, but just a brisk walk away from everything the capital has to offer.
The seven bedroom guest house is presented in immaculate condition throughout and there is separate owner’s accommodation. It currently operates eight months of the year, providing scope for growth in occupancy rates for a buyer. Ravensdown is owner-managed and has enjoyed glowing reviews by guests over the years, ensuring its reputation as one of the top places to stay in Edinburgh.
Upgrades and renovations
The current owners have managed the guesthouse for almost 13 years, in which time they have significantly upgraded the property, including renovating the en suite bathrooms, fully insulating the property and adding double glazing. However, in the process of renovation, they have been particularly careful to upgrade the property in such a way that it could easily be converted back into a private residence if the new owners wished to do so. Ravensdown, therefore, presents an excellent business opportunity for those who wish to continue running it as a guesthouse, but could also be converted into an impressive residential home, subject to the correct planning permissions.
Interior
Upon entering the property, you are greeted by a warm and welcoming reception hallway. On the left of the hallway, there is the breakfast room/guest dining room – with simple but stylish décor and a lovely bay window, this room is bright and spacious, offering an excellent space to enjoy breakfast or evening meals.
The owner’s lounge lies adjacent to the dining room, while the owner’s bedroom with en suite is across the hall (this could be turned into another letting room if the new owner wished). The ground floor also consists of an office, which is connected to the owner’s lounge and the modern and well-equipped kitchen. There is also a shower room and WC just off the kitchen, along with the second utility room. The main utility room is located in the cellar and offers vast storage space.
Upstairs, the first floor accommodation comprises of four stylish double letting rooms, each with their own en suite. Two are situated at the front of the property and two at the rear. The second floor offers the exact same layout as the first floor, with four excellently-presented double rooms with en suites.
Exterior
Ravensdown benefits from a position just outside the paid parking zones, meaning there is plenty of free on-street parking available next to the guest house. There is also a secure garden to lock up bicycles and motorbikes safely.
About the area
With easy access to Leith, Stockbridge and the city centre, Ravensdown Guest House offers an excellent base from which to explore the historic city of Edinburgh. It is an excellent guest house thanks to its fantastic reputation and location, but the property would also make a spacious and unique residential home.
Ravensdown Guest House, 248 Ferry Road, Edinburgh, EH5 3AN
8 bed commercial with 3 reception rooms
Offers over £1,100,000
ESPC ref: E400590
EPC rating: G
For more information contact 0131 253 2263
Selling solicitor: McEwan Fraser Legal