Confidential Edinburgh Restaurant (ref 1590)
Overview
Description
Licensed restaurant premises located to the west of Edinburgh city centre. Very well presented licensed restaurant. Comfortable seating for 50+. Located close to the west of Edinburgh city centre. Significant commercial development in immediate area. Flexible space for sit in and take away. Suitable for a number of different cuisine offerings. Annual rent £22,500.
LEASEHOLD Guide Price £55,000.
This restaurant occupies an eye catching trading location on a busy thoroughfare just to the west of Edinburgh city centre.
Benefiting from a prominent position opposite main travel hubs, this location has a heavy daily footfall due to its proximity to the city centre as well as being one of the busiest parts of the city.
Just along from the business is a major commercial development, which will include a hotel, offices as well as leisure and retail facilities once complete. Further to the west of the property is the Murrayfield area which houses Scotland’s national rugby team as well as hosting major concert performances.
This area of Edinburgh has undergone major development with the addition of the tram network and is now reaping the benefits of this.
Edinburgh itself continues to be the most visited city in the country with tourists from all over the world flocking to the city all year round.
Our clients have owned and operated from this location since 2019 building up a loyal local following as well as benefitting from the many visitors and tourists to this part of Edinburgh city centre. The current owners choose to trade evenings only and offer sit in, take away or delivery options. The restaurant would suit any number of cuisine offerings with seating for over 50 and also having the benefit of an alcohol license.
The subjects are held on the basis of a FRI lease to 2032 and the annual rental is £22,500. A guide price of £55,000 is sought for the leasehold interest in the property and all fixtures & fittings pertaining thereto.
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