Bistros for sale in Edinburgh

View the "Leith Edinburgh Bar & Restaurant Leasehold (ref. 986)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Leith Edinburgh Bar & Restaurant Leasehold (ref. 986)

Edinburgh, Scotland

  • Leasehold Price: £90,000  Price Reduced arrow_drop_down
  • Under Offer
Seller Reference: 986
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Business Description
 
 
 
 
 
 
 
 
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Seller Reference: 986
Request Details
Business Description
UNDER OFFER

Fantastic Edinburgh city centre opportunity. Currently CLOSED but latterly traded as a popular Bar, Restaurant & Coffee Bar situated on prominent trading location on Leith Walk. Public House licence. Net turnover to 31st December 2017 — £634,934. GIA approx. 2500 square feet over ground & basement levels.

Serrano & Manchego occupies a prominent trading location on Leith Walk. The business is approximately one mile from the city centre, situated on the corner of Leith Walk and Dalmeny Street. The property has a pavement license for 20 covers outside.

The business was acquired by our clients in 2014 and opened later in the year to significant acclaim. Although recently closed, the business was latterly fully run under management as our client does not reside within Scotland. From opening, turnover and profitability improved on a year on year basis.

Huge opportunity exists to acquire a profitable site occupying an extremely prominent trading location in an area which is going to become more prominent over the next few years.
Trading hours:
N/A - Closed.
Number of employees:
N/A - currently closed (October 2018)
Tenure:
Leasehold
Location Details:
Serrano & Manchego occupies a prominent trading location on Leith Walk. The business is approximately one mile from the city centre, situated on the corner of Leith Walk and Dalmeny Street.
Leasehold Term:
New FRI Lease, length negotiable. Rent £40,000 per annum.
Downloadable Documents:
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