NEW REDUCED PREMIUM.
Exceptionally well presented Bar & Restaurant with 75+ covers. Recently refurbished interior and refitted cellar. Trading as a well regarded Brew Pub with well equipped kitchen and spacious service areas. Average net turnover in excess of £12,000 per week. Superb trading location close to Edinburgh University, student areas and high profile Edinburgh Festival sites. Passing rent £70,000 per annum. Landlord supply agreement for alcohol.
St. Andrews Brewing Co occupies a highly prominent sought after trading location on Potterrow in the heart of Edinburgh’s University district. It is also close to South Bridge, South Clerk Street, George IV Bridge and the Grassmarket areas of Edinburgh city centre.
The business has been run by our clients for a little over a year. As the name suggests, our clients are based in the St. Andrews area and due to a successful market-leading crowd funding campaign our clients are now committed to the building of their new “state of the art” brewery in St. Andrews. This success has significantly developed our clients’ business plan and as a consequence beer production on site as well as on trade acquisitions in St. Andrews and nearby Dundee necessitate the sale of this Edinburgh asset.
The property is fully run under management and trades very successfully. It is strongly envisaged that this well located prominent trading site in Edinburgh would suit a variety of different licensed trade uses.
The business operates during traditional licensed hours with regular extensions for the festival period.
Traditional licensing hours with regular extensions for Festival period.
St. Andrews Brewing Co occupies a highly prominent sought after trading location on Potterrow in the heart of Edinburgh’s University district.
There is a potential 11 years remaining on the current full repairing and insuring lease. The current rent payable is £70,000 per annum.