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Charming Hotel, Bar and Restaurant Business for Sale in Prosperous Town Near Edinburgh

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Beautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 mil Photo 1
Beautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 mil Photo 2
Beautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 mil Photo 3
Beautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 mil Photo 4
Beautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 mil Photo 5
Beautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 mil Photo 6
Beautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 mil Photo 7
Beautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 mil Photo 8
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Beautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 milBeautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 milBeautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 milBeautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 milBeautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 milBeautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 milBeautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 milBeautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 milBeautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 milBeautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 milBeautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 mil
  • Status

    FOR SALE

  • Date Submitted:

    06/04/21

  • Advert ID

    274824

  • Reference

    cornerhsehote45 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £380,000
  • Turnover: On request
  • Net Profit: On request

Business Details

Beautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 mil

Beautifully presented hotel, bar and restaurant operation within prosperous borders town only 30 miles south of the city of Edinburgh. Refurbished & modernised hotel offering 7 en-suite letting bedrooms. Highly popular restaurant with separate lounge bar and takeaway counter. Owned and operated by same family for over 12 years. Healthy income levels achieved on limited trading hours. Genuine potential to boost trade through various income streams.

Located on a prime trading location within the picturesque borders town of Innerleithen, The Corner House Hotel is a most charming and very well presented 7-bedroom hotel, restaurant and bar operation. Positioned on a highly visible corner site within the heart of the bustling borders town, The Corner House Hotel sits on the main A72 Peebles to Inneleithen Road and is surrounded by a good range of local shops.

Owned and operated by our clients for over 12 years, The Corner House Hotel which has
seen vast levels of upgrading works since the current owners took over the business, is offered for sale in an impeccable condition.

The highly desirable town of Innerleithen which has a population in excess of 3,000 people offers the idyllic Scottish town lifestyle while allowing for easy access to many of the Scotland’s most visited locations. Located close to the north bank of the River Tweed and sitting only 6 miles from the bustling town of Peebles, 10 miles west from Galashiels and only 30 miles south of Scotland’s capital city, Edinburgh, the popularity of Innerleithen continues to grow.

The location of the property also offers owners and guests a wealth of interesting places to visit, with Castles, Abbeys, Distilleries and historic properties all easily accessible from the hotel. In addition, Innerleithen and surrounding areas are also hugely appealing to the sporting and outdoor visitor with a wide range of activities such as golfing, fishing, cycling and downhill mountain biking all found nearby.

On taking over the business our clients embarked on a comprehensive upgrading and modernisation programme throughout the Corner House Hotel. From upgrading and modernisation of the beautifully presented restaurant to the welcoming and cosy lounge bar to each of the letting bedrooms, it is not difficult to appreciate on viewing the level of investment made by the vendors.

In addition, due to the style of cuisine our client specialised in, a whole new cooking range which caters for both Chinese food as well as more traditional dishes has been installed. Over the years of ownership our clients have gained a reputation for offering good quality cuisine coupled with excellent hospitality. This enviable reputation has seen a large amount of repeat and referral trade at the hotel with many guests returning year on year. While the restaurant not only draws a good level of local trade but also attracts business from many of the surrounding towns and villages.

As most potential purchasers will note on visiting, when first entering the property you are instantly aware that you have entered an operation that is seen a great level of care, attention, detail and planning put into the overall layout and design of the restaurant and bar. In addition, and equally importantly, our clients have also managed to create a most welcoming and friendly ambiance within The Corner House Hotel.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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