A striking Georgian, A-listed, former townhouse hotel with excellent potential to convert to residential.
11 Royal Terrace formerly a boutique, family run hotel, situated within an attractive A Listed Georgian townhouse. The building has commercial consent, meaning it will qualify for non residential LBTT. The building is set over four floors and accessed via a main door entrance at raised ground floor level as well as private courtyard access to the lower ground floor.The property no longer operates as a hotel however it's well proportioned accommodation throughout the building means that it has excellent potential to be converted into a number of uses including a residential dwelling. Retaining many of its original features, including intricate cornicing, decorative ceiling roses, fireplaces and sash windows, the building has been maintained extremely well over the years. Most rooms have been operated as bedroom accommodation and reception areas, in line with its use as a hotel. The property was arranged to provide 10 hotel bedrooms with a range of bathrooms and en suite bathrooms, as well as a working kitchen on the lower ground floor and a dining room and formal reception room on the ground floor accessed from the stunning entrance hallway.
Royal Terrace forms part of the eastern New Town and is situated within the New Town Conservation Area. It is situated in the historic Georgian district of Edinburgh and lies a short walk from Princes Street, George Street and St Andrew Square. The Georgian New Town is world-renowned for its architecture and the quality of city centre living it offers, with a wonderful and varied choice of excellent local amenities that include art galleries, shops, restaurants, theatres, bars and bistros. The property is within walking distance of the recently completed St James Quarter, Edinburgh Playhouse, Harvey Nichols and Multrees Walk. Nearby, Broughton Street has a plethora of wonderful, independent restaurants, bars and bistros. Tram stops linking central Edinburgh to Edinburgh's International Airport can also be found a short distance away. The new tram network connecting Leith and Newhaven to the current end of the Edinburgh tram line at York Place has now been completed.The city boasts an excellent choice of private and public schools, including The Edinburgh Academy, Fettes College and George Heriot's School, amongst others. Furthermore, the property is conveniently placed for Edinburgh's central business district and the Scottish Parliament and University buildings are within easy reach. An efficient public transport network also operates from within a short walk of the flat to most parts of the city and surrounding areas. Waverley Train Station and the Edinburgh Tram are within striking distance.