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21/05/2008

Graham + Sibbald secure sale of Innerleithen Hotel

The dedicated Licensed Trade and Leisure Department of Graham and Sibbald have secured the sale of The Corner House Hotel in Innerleithen, a 7 bed hotel situated in the heart of the Scottish borders.
Located approximately 25 miles south of Edinburgh the subjects comprise an immaculately presented hotel located in a prominent corner position in the town of Innerleithen.

The subjects comprise a 2 storey corner stone built Hotel premise incorporating a Lounge Bar, Restaurant, Fully Fitted Kitchen, Ladies and Gents WC Facilities, together with storage and cellarage accommodation located within a ground floor shop premises.

Blair Morrison, Associate within Graham and Sibbald’s Licensed Trade and Leisure Department commented: “We are delighted to secure the sale of this property, which is perfect for the “husband and wife” team who will take occupancy. Given its size it was suited more to private individuals rather than existing hotel companies and proves that the owner occupier market is still extremely buoyant for Licensed Premises within the Borders”.

The Corner House Hotel was sold on an asking price of offers over £395,000.


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