Public Houses for sale in Edinburgh

View the "Caley Sample Room, Edinburgh leasehold (ref. 1084)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £55,000 Price Reduced
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Business Description
A very spacious and high quality bar/restaurant to accommodate approximately 80 covers. Ladies, gents & disabled toilet facilities. Fully fitted commercial kitchen with adjacent preparation area. Manager’s office. Substantial basement primarily used for storage and houses a large beer cellar and separate refrigerated area. Rent £55,000 per annum.

The Caley Sample Room is one of the best known bars on the west side of Edinburgh, popular with locals, residents, professionals, students as well as those attending close by sporting fixtures.

During our clients’ tenure in charge they have invested significantly into the internal refurbishment and prospective purchasers can be confident they will inherit a superbly presented bar which has been future proofed in terms of immediate internal capital expenditure.

The business is run by our clients and is mostly run under management.

We are advised that the business is tied to the landlords for the purchase of keg beer, bottled cider & minerals. Cask ale, bottled beer, wines & spirits are free of tie.

The business is held on the residue of a 25 year lease which began in September 2006. The current passing rent is £55,000 per annum. The Landlord’s will require a security of £10,000 upon assignation. This is returnable.

NOTE: Price stated is annual rent. Offers are invited for the leasehold interest in the premises, the goodwill of the business and all fixtures & fittings.
Tenure: Leasehold

Location Details:
The Caley Sample Room is located in the Slateford area of Edinburgh approximately 2 miles from the city centre and situated close to the Fountainbridge, Merchiston and Dalry areas of the city. The business is also situated close to the Heart of Midlothian Football Ground Tynecastle as well as Murrayfield Stadium, which assist the business to benefit hugely from major sporting events and concerts which take place at the latter.

The Caley Sample Room is situated on Angle Park Terrace, offering a highly visible trading location in a popular residential locale.

Leasehold Term:
The business is held on the residue of a 25 year lease which began in September 2006. The current passing rent is £55,000 per annum. The Landlord’s will require a security of £10,000 upon assignation. This is returnable.

Website:

Downloadable Documents

Listed by: Cornerstone Business Agents

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1084
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