Restaurants for sale in Edinburgh City

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Large 160 Cover Restaurant In Prime Edinburgh City Centre Location

Edinburgh City, Scotland

  • Leasehold Price: £70,000
Seller Reference: 22 Coates Crescent
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Business Description
 
 
 
 
 
 
 
 
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Seller Reference: 22 Coates Crescent
Request Details
Business Description
• Immaculately presented 160 cover restaurant
• Prime West End Location
• Fully Licensed Restaurant
• Ready for Tenant's Fit Out
• 4 Dining Areas Including Function Space For 60 Covers

Graham + Sibbald are delighted to present this stunning restaurant for lease. Formerly traded as Otro, this opportunity offers is a spacious 160 cover restaurant for lease split over ground and basement floors within a traditional yellow sandstone tenement building within the heart of the West End of Edinburgh City Centre. Edinburgh is Scotland's Capital City and home of the Scottish Parliament, The Fringe Festival, The National Museum of Scotland and Murrayfield Stadium. The City has a population of some 500,000 people and is expected to grow to nearly 600,000 by 2041.

Edinburgh International Airport lies approximately 8 miles west of the City Centre and, in addition, there are 2 major train stations, Waverley and Haymarket, which is within close proximity of the site, as well as excellent public transport throughout the City. The restaurant is situated on the main tramline from the Airport to Edinburgh's City Centre. Haymarket Train Station is only a 5 min walk away, as is the new Jonnie Walker Whisky Distillery on Princes Street.
Tenure:
Leasehold
Leasehold Term:
A new 10 or 21 year lease is offered to the market on full repairing and insuring terms. There will be a regular rent review schedule as well as a rent deposit for security. All terms of the lease are open to negotiation. A rent of £70,000 per annum
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