Hotel/guest house for sale in Castlegate, Jedburgh TD8

Guide price £395,000 (£127.13/sq. ft)
Hotel/guest house for sale 3,107 sq. ft*
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Property description

The attractive market town of Jedburgh is situated on the main A68 in the south eastern corner of Scotland, located 10 miles from the border with England, and it is just over an hours drive away from Scotland’s vibrant capital Edinburgh.

Meadhon is a beautiful historic house which dates back to 1653 and is presented to an extremely high standard throughout. It is a 4 star rated guest houses which currently trades from five letting bedrooms, with excellent reviews for both the property and quality service provided.

Our client took over the business in 2016 and during this time has continued to invest in the property. The radiators are all remotely operated and there are window sensors installed to ensure the property is energy efficient. The front door and all guest rooms have key pad access.

Bookings are generated from our clients’ website () and Expedia. Our client also works with select travel agencies and walking companies around the UK and in Holland which attract a good level of bookings throughout the year.

Rooms rates are charged from £61 for a single to £145 for a family room which includes breakfast.

Our client operate the business all year round, closing, through choice, for holidays. They operate the business very much hands on with a keen interest in the food side. They make their own sausages, smoked salmon, jams, marmalades and honey which are very popular with the guests.

Our clients are looking to retire and are reluctantly placing the business on the market. The business has generated a turnover of around £60,000 per annum, with a strong profit generated during our clients ownership.

Additional photos, a virtual tour and floor plans are available.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Cornerstone Business Agents, EH26 on +44 131 268 8358 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cornerstone Business Agents, and do not constitute property particulars. Please contact Cornerstone Business Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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