Restaurants for sale in Edinburgh

View the "Leasehold Restaurant Premises, Edinburgh (ref. 1139)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Leasehold Price: £50,000 Under Offer
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Business Description
UNDER OFFER

Superbly located restaurant premises, currently trading as a Japanese restaurant (34 covers) although would suit a wide variety of different international cuisines. Rent £23,000 per annum. Rateable Value £27,200. GIA 925 square feet. Excellent opportunity.

Our clients have run and operated a Restaurant on this site since 2010 and latterly opened Sakura Restaurant in 2017 to great acclaim. Our clients are selling in order to consolidate their business interests in other Scottish cities.

The business is currently run under management although it is strongly envisaged the business would suit a couple/ partnership team.

At present the restaurant is fully fitted in terms of front of house and catering equipment for a Japanese restaurant. However, with minimal effort could be reconvened to suit a variety of different international styles.

The availability of these full class 3 restaurant premises in Deanhaugh Street in Stockbridge represents a superb opportunity to acquire a prominent trading site in a popular area.
Tenure: Leasehold

Location Details:
Sakura Restaurant occupies a prominent trading position in the heart of Stockbridge on Deanhaugh Street. Stockbridge is one of the premier trading locations outside Edinburgh city centre located approximately half a mile south of Princes Street.

Stockbridge is a desirable residential and commercial area containing some of the most expensive housing stock in the Edinburgh area.

Deanhaugh Street is the main street leading through Stockbridge before heading southwards towards Edinburgh city centre. Nearby occupiers include Pizza Express, Peter’s Yard, Ping On Chinese Restaurant as well as Starbucks and Café Nero.

Leasehold Term:
The business is offered for sale on a leasehold basis with a premium of £50,000 sought. Our clients are offering the assignation of their existing 25 year lease which began in 2010. Annual rent payable is £23,000.

Website:

Downloadable Documents

Listed by: Cornerstone Business Agents

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1139
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