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Glede Knowe Guest House,, 16 St Ronan's Terrace,, Innerleithen, Scottish Borders, EH44 6RB

Offers In Region of £725,000Freehold

882

Key Information

Tenure:Freehold
Council tax band:Not available

Key Features

Stunning Views
Ideal Family Home
7 Letting Rooms
Immaculate Condition
7 Bedrooms
Visit Scotland 4 Star Guest House
0.9 acres site
Excellent Reputation & Repeat Business
STLL : SB00199F
8 Bedrooms
Business Available by Negotiation

Description

Situated on a generous 0.9-acre plot in a highly desirable location, Glede Knowe is an expansive detached dwelling offering panoramic views over the town. Currently operating as a successful guest house, this flexible property would also make a wonderful family home, with ample space for remote working. The main living areas are strategically positioned to the rear, taking full advantage of the views over the garden and the beautiful backdrop of the surrounding hills and countryside. An integral double garage and ample parking for multiple vehicles further enhance the property's appeal. Located in the characterful town of Innerleithen, Glede Knowe offers easy access to a range of independent shops, restaurants, and cafes, as well as a variety of world-class outdoor pursuits. This unique property presents an exceptional opportunity for those seeking a versatile, view-oriented residence in a highly desirable location.

Situated on a generous 0.9-acre plot in a highly desirable location, Glede Knowe is an expansive detached dwelling offering exceptional panoramic views over the town. Currently operating as a successful guest house, this flexible property would also make a wonderful family home, with ample space for those working from home.

The main living areas are strategically positioned to the rear, taking full advantage of the stunning views over the garden and the beautiful backdrop of the surrounding hills and countryside. An integral double garage and ample parking for multiple vehicles further enhance the property's appeal.

Located in the charming town of Innerleithen, Glede Knowe offers easy access to a range of independent shops, restaurants, and cafes, as well as a variety of world-class outdoor pursuits. This unique property presents an exceptional opportunity for those seeking a versatile, view-oriented residence in a highly desirable location.

Location

Glede Knowe Guest House occupies an elevated position overlooking the charming Scottish Borders town of Innerleithen. The town lies within the picturesque Tweed Valley where Leithen Water joins the River Tweed and the town is surrounded by beautiful hills which dominate the skyline. The area is renowned for outdoor pursuits, particularly mountain biking as it offers a variety of downhill and forest trials and is close to the 7 Stanes mountain biking centre at Glentress. The area is also popular amongst walkers, golfers and salmon fishing is available on the River Tweed. The picturesque town is well serviced and provides a wide range of amenities including local retail, banking and health services. There is also a primary school in the town whilst highly regarded secondary education can be found at Peebles. The town of Peebles is a short drive to the West and is a larger settlement offering a wider range of amenities. Edinburgh is easily reached 30 miles north.

Business

Glede Knowe is an established modern guest house with an excellent reputation and strong reviews, offering bed and breakfast accommodation. Currently operated as a lifestyle business, the property opens from mid-March/April through October, with peak months being May, June, July, August, and September, typically achieving around 80% occupancy.

The guest house features 7 guest rooms, 5 of which are en-suite, and 2 with private bathrooms. However, the current owners choose to let only 5 of these rooms, as they operate the business as a lifestyle choice. Rates range from £110 per double room during the low season to £125/£130 per double room in the high season. The business generates approximately 60% of its annual turnover through its in-house website and is also listed on Booking.com, Expedia, and maintains an active Facebook page.
Innerleithen is a major hub for the Scottish Borders' thriving tourist industry, and Glede Knowe has established strong relationships with a number of boutique tour operators, further enhancing its appeal to visitors.

Property

Nestled on a sprawling 0.9-acre plot, this exceptional property offers a wonderful blend of indoor and outdoor living. The ground floor features a welcoming entrance porch that leads into a spacious reception hallway, with the large dining room benefiting from direct access to the rear patio and garden, creating an excellent indoor-outdoor entertaining space.

The owner's accommodation is located on the opposite side of the reception hall, with a double bedroom, bathroom, and office. The living room is enhanced by a cozy solid fuel stove, while the office enjoys views and access to the tranquil outdoor areas. The contemporary kitchen is equipped with a range of integrated appliances, complemented by a convenient family room or ground floor bedroom that provides versatile living options.

On the first floor, there are 7 impressive letting rooms, 5 with en-suite bathrooms and 2 with private bathroom facilities. Each room has been individually decorated and furnished. Glede Knowe is presented in immaculate condition throughout and benefits from double glazing and photovoltaic panels connected to a feed-in-tariff, ensuring both comfort and energy efficiency.

The integral double garage, complete with water connection, power, light, and an electric door, provides ample storage and parking space. The expansive, predominantly lawn-covered grounds are bounded by lush shrubs and trees, offering a serene and private oasis with a paved patio that showcases the far-reaching views.

External

The expansive, predominantly lawn-covered grounds are surrounded by a variety of mature shrubs and trees, offering an exceptionally private space with a paved patio that showcases the stunning views. There is a tarmac driveway with parking for multiple vehicles.

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Property Calculators

Mortgage

Estimated Monthly Mortgage Payment:
£3,627 /mo.25 Years, 4.5% Interest
Loan
£652,500
Total Repay
£1,088,042

Commercial Land & Buildings Transaction Tax (LBTT)

You’ll have to pay the LBTT of:
£24,750
0% up to £150,000
1% from £150,000 to £250,000
5% from £250,000 to £725,000
Your effective LBTT is 3.41%

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