>Channings and The Howard in Edinburgh put up for sale

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One of Scotland’s leading hoteliers has put up for sale the first properties he bought when he founded the boutique Town House chain, The Scotsman can reval. Both Channings and The Howard in Edinburgh have gone on the market just months after Peter Taylor finished work on a troubled five-star hotel in Glasgow.

The asking price for the two Town House hotels has not been disclosed, although they are expected to command several million pounds each. They are being marketed privately, and Mr Taylor has revealed they have already attracted significant interest.

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