Restaurants for sale in Edinburgh City

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Excellent Restaurant Opportunity, Edinburgh

Edinburgh City, Scotland

  • Leasehold Price: £175,000
Seller Reference: Castle Terrace
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Business Description
 
 
 
 
 
 
 
 
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Seller Reference: Castle Terrace
Request Details
Business Description
• Immaculately presented 80 cover restaurant
• A ‘Rolls-Royce’ of kitchens including Maestro cooking station
• Fully fitted and ready to trade
• Leasehold opportunity with passing rent of £65,000
• Available for immediate occupation and use
• Fantastic location near to Usher Hall and CBD

The restaurant occupies a ground and basement floor within a traditional Edinburgh city centre tenement. The property is constructed in sandstone over multiple floors. The external facades of the property have been painted to the stone. The property is entered through two ground floor entrances, as well as a basement entrance for deliveries.

The upper floors of the building are highly decorative, with dormer windows in the roof which is of a pitched, slate construction.
Tenure:
Leasehold
Leasehold Term:
The current passing rental is £65,000 per annum. The property is held on a Full Repairing and Insuring lease. The landlord is offering an extension of 5, or more years to the incoming tenant. There will be 5 year rent review pattern.
Listed by:
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