Townhouse Hotel 3 Market Sq 11 Room Hotel Melrose TD6 9PQ $1,849,381 CAD ($168,126 CAD/Room)

Charming 11-bedroom boutique hotel in turnkey condition Prominent plot in the highly popular tourist destination of Melrose Seamlessly blends Scottish traditional features with modern commodities Characterful property with a stelar reputation in the Scottish Borders Outstanding lifestyle business in a market town with links to Edinburgh
The Townhouse is nestled in the heart of the historic town of Melrose, offering a well-established boutique hotel with an exceptional lifestyle business opportunity. Set against the breathtaking backdrop of the Scottish Borders, this prime location appeals to tourists, business travellers, and locals seeking high- quality accommodation and dining.
Each of the 11 en-suite bedrooms has been thoughtfully modernised, blending classic Scottish charm with contemporary hospitality comforts. Positioned prominently on the High Street, the property benefits from steady foot traffic in this bustling affluent market town. Just 40 miles south of Edinburgh, Melrose enjoys year-round activity from both residents and visitors. This outstanding hotel boasts elegantly presented accommodation, seamlessly combining traditional Scottish features with modern amenities for an unforgettable guest experience. The exterior is impeccably maintained, with a charming and inviting entrance, while the interior harmonises rustic elements with contemporary design to create a warm yet sophisticated ambiance.
From a business standpoint, The Townhouse presents an excellent opportunity to manage a thriving lifestyle business in Melrose's bustling tourism scene. The Townhouse is a well-established business having been privately owned for 21 years and is consistently No 1 rated on Tripadvisor for Hotels in Melrose. With a strong reputation and a loyal customer base, it consistently attracts visitors and corporate guests throughout the year, its attention to detail and distinctive charm make it a sought-after destination for a diverse range of guests.
Melrose is a vibrant tourist destination in the Scottish Borders, renowned for its rich history, stunning scenery, and welcoming atmosphere. The town attracts visitors year-round, drawn by its historic landmarks, such as the magnificent Melrose Abbey, the final resting place of Robert the Bruce's heart.
Outdoor enthusiasts explore the surrounding countryside, offering excellent walking, cycling, and fishing opportunities in the River Tweed. Melrose sits at the start of the St Cuthbert's Way and sits nestled at the foot of the Eildon Hills.
The Town also hosts popular events like the annual Borders Book Festival and the historic Melrose Sevens rugby tournament, further boosting tourism. With its charming High Street, boutique shops, and quaint properties, Melrose provides a perfect blend of heritage, culture, and natural beauty. Abbotsford, the renowned home of Sir Walter Scott, is located nearby. The hotel benefits from excellent transport links, with the Borders Railway Station just a five- minute drive away, providing easy access to Edinburgh.
Bar Bistro Restaurant Function Suite for up to 70 people Outdoor decked seating area with tables at rear of the hotel Small Bothy with seating which can be heated for outdoor drinks
The turnover of the business for Y/E March 2024 was £827,877. Further information for the business will be shown to seriously interested parties following a formal viewing.
Mains Electric, gas, water and sewage are all connected to the property.
Business is driven by a loyal customer base, a strong tourism market, and substantial local support. Borders Crematorium, located five minutes from the hotel, generates a steady demand for funeral-related stays and gatherings.
Offers over £995,000 are invited for the heritable (freehold interest) interest in the property, the trade fixtures, fittings, furnishings and equipment, together with the goodwill of the business, which is being sold complete as a going concern. Stock in trade will be sold at valuation on the date of entry.