Luxury 4-Star Country House Hotel for Sale in Peebles Scottish Borders
Peebles, Scottish Borders
- Status
FOR SALE
- Advert ID
654635
- Reference
Cringletie House Hotel - 139826 / Rightbiz
- Call Agent:
- Freehold: £1,250,000
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Stunning Luxury 4 Star Country House Hotel
- Scottish baronial mansion dating from 1861 (Grade B listed) on an estate with origins in the 1660s
- 13 bespoke en-suite letting bedrooms plus Ardean Cottage, a 2 bedroom self-contained guest cottage with outdoor dining deck and hot tub
- 2 AA Rosette Sutherland Restaurant; member of Luxury Scotland with an outstanding awards record
- ADR grown by 85% from £135 (2018) to £250 (2025), with circa £250,000 invested in an initial repositioning towards a "grand luxe" offeringÂ
- Extensive additional accommodation including a 4 bedroom owners’ bungalow, two staff cottages and a 3 bedroom managers’ flatÂ
- 350 year old Walled Garden and outbuildings offering significant development potential, subject to consentsÂ
- Alternative use potential as an exclusive-use wedding venue, destination hotel or conversion back to residential use, subject to planning
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Graham Sibbald working jointly alongside Rettie & Co are delighted to bring to the market, for sale, Cringletie House Hotel presents a rare opportunity to acquire one of the Scottish Borders' most distinguished country house hotels, together with a substantial estate offering genuine scope for further growth. The hotel sits in its own grounds overlooking Eddleston Water, approximately 3 miles north of the historic market town of Peebles and just 20 miles south of Edinburgh city centre, with easy access via the A720 and A703. Edinburgh International Airport is within comfortable reach, with Newcastle Airport serving the south.
The business, for sale, Â trades as an established luxury 4-star country house hotel with an enviable reputation. A member of Luxury Scotland, the hotel holds 2 AA Rosettes for the Sutherland Restaurant (awarded every year from 2019 to 2025 inclusive) alongside an impressive collection of accolades including the South of Scotland Thistle Award for Best Hotel Experience 2023, TripAdvisor Travellers' Choice Best of the Best 2024 and the Booking.com Traveller Review 9.5 Award 2024.
Having successfully repositioned the business, for sale, and overseen significant investment, our client now wishes to retire and pass Cringletie to a new owner to complete the journey. This is a genuine retirement sale of a much-loved business, presented to the market in excellent order.
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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.
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