Nightclubs for sale in Edinburgh

View the "Central Edinburgh Nightclub/Late Night Lounge (ref. 1036)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 Advertising my business on Daltons was a great success. I found a buyer relatively quickly. 

Ahmed Zahir (August 2016)
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Leasehold Price: £100,000
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Business Description
700+ capacity nightclub/late night lounge. Fully refurbished in 2016. Great city centre trading location in the heart of one of Edinburgh’s busiest licensed circuits. Free of tie lease. Valuable late night licence to 3.00am. Business currently trades 6 days per week. Located close to St. James Quarter development. Rent £150,000 + VAT p.a.

Infinity Nightclub was extensively refurbished in 2016 and occupies a very prominent trading position in Edinburgh city centre located close to Broughton Street, Playhouse Theatre and the brand new St. James Centre development.

The availability of Infinity Nightclub on Picardy Place represents an ideal opportunity for prospective purchasers to acquire a substantial licensed venue in an already established popular licensed circuit in Edinburgh city centre.

The trading area has three distinct areas with a large open plan main bar area with dancefloor located off and further seating area beyond a second bar area which can be completely self-contained from the rest of the business with its own bar and dj area. This then leads to an exclusive VIP area which is located off the second bar. The VIP area has its own private dispense bar.

Although the business trades as a nightclub it has several different licencing options to continue in the same format or adapt as a popular late night bar.

The business benefits greatly from the extent of its premises licence with favourable extensions and also benefits from being a free of alcohol tie offering.

The business is run under management by our clients with several part-time members of staff.

In order to assign the lease the landlords will require background information on prospective tenants in order to authorise consent. This may include a request for a business plan as well as confirmation of funding. Prospective tenants will also be asked to provide a deposit equivalents to 3 months rent.

If this business is of interest to please contact Cornerstone Business Agents on 0131 445 7222 or by email to info@cornerstoneagents.co.uk.
Trading Hours:
Tuesday - Sunday 5.00pm to 3.00am

Number of Employees: Run under management with several part-time staff.

Tenure: Leasehold

Location Details:
Infinity Nightclub occupies a very prominent trading position in Edinburgh city centre located close to Broughton Street, Playhouse Theatre and the brand new St. James Centre development.

The re-development of this area will have a profound effect on Broughton Street, Picardy Place as well as the top of Leith Walk. In terns of footfall and visitors.

This area of Edinburgh is also renowned for its eclectic mix of bars, restaurants and nightclubs as well as being a popular trading area for Edinburgh’s vibrant LGBT friendly businesses. Infinity is also situated close to Omni Centre, Playhouse Theatre, York Place Tram Terminus and the East End of Edinburgh city centre.

Leasehold Term:
The business is offered for sale on a lease basis. In 2016 our clients obtained a 5 year lease from the landlords. However, the landlords have advised that subject to covenant they would be willing to discuss a sizeable increase on tenure of lease. The business operates on a free of tie basis with an annual rental of £150,000 + VAT.

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Listed by: Cornerstone Business Agents
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1036
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