Popular & Profitable Restaurant, Edinburgh West End (ref. 378)

Price:

Leasehold - £80,000

Seller Ref:

378

Location:

Scotland, City Centre, Edinburgh

Business Type:

Food Service Businesses

See Other:

Bistros for sale in Scotland
Other takeaways for sale in Scotland
Restaurants for sale in Scotland
Food service businesses for sale in Scotland

Description:

THE BUSINESS:

A popular and very profitable restaurant in Edinburgh’s West End. 28 covers, modern commercial kitchen, six day per week trading.

The restaurant is situated in Edinburgh’s West End close to major attractions such as the Edinburgh International Conference Centre, major hotels and just a five minute walk from the world famous Princes Street.

The restaurant was refurbished approximately 2 years ago and offers a Mediterranean menu with an emphasis towards Italian style cuisine. The restaurant can seat 28 covers and also offers a take-away menu. Currently the business is closed on a Sunday and also for one month per year for owners holidays. There is still much potential to be realised from the business by opening 7 days per week and also offering morning coffees and snacks throughout the day.

For more information, please contact Gordon Mair of Cornerstone Business Agents on 0845 123 6970.

Location Details:

Papoli Restaurant is situated in Edinburgh’s sought after West End on Morrison Street, approximately 5 minutes walk from world famous Princes Street. The area has a mixture of commercial and residential property along with a number of large hotels including an extended Premier Inn just “across the road”. This part of Edinburgh is continuing to be developed with plans for a new upmarket hotel to be built directly opposite the restaurant.

Lease Terms:

The business is currently held on a lease with a current rental of £10,400 per annum.

Trading Hours:

The restaurant is currently open six days per week for lunches and evening meals. The business is