Restaurants for sale in Edinburgh City

View the "Leasehold Restaurant Premises, Edinburgh (ref. 1217)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Leasehold Restaurant Premises, Edinburgh (ref. 1217)

Edinburgh City, Scotland

  • Leasehold Price: £60,000  Price Reduced arrow_drop_down
Seller Reference: 1217
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Business Description
 
 
 
 
 
 
 
 
 
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Seller Reference: 1217
Request Details
Business Description
PRICE REDUCED

These restaurant premises occupy a prominent trading location towards the western end of Morrison Street, close to Haymarket Station in Edinburgh.

Well presented restaurant premises in highly visible trading location close to Haymarket Train Station. Ideally suited for experienced chef/operator. Well equipped kitchen and preparation area. Suitable for a variety of different cuisines. Scope to accommodate 38-40 covers

Our clients have operated from these premises for approximately 2 years, firstly as a Japanese restaurant and latterly as a tea bar/Chinese restaurant. They have reluctantly ceased trading to concentrate on other business interests.

The premises are fitted out to the highest standard throughout and would be suitable for a number of different opportunities, most likely best suited to a fully operational licensed restaurant.

Leasehold. The business is held on a FRI lease which runs until 27th March 2027 with a review in 2023. Annual rent payable is currently £12,000 + VAT per annum, rising to £13,000 + VAT in March 2020 to March 2023.

Trading hours:
Not currently trading.
Number of employees:
0
Tenure:
Leasehold
Location Details:
These restaurant premises occupy a prominent trading location towards the western end of Morrison Street, close to Haymarket Station in Edinburgh.
Leasehold Term:
Leasehold. The business is held on a FRI lease which runs until 27th March 2027 with a review in 2023. Annual rent payable is currently £12,000 + VAT per annum, rising to £13,000 + VAT in March 2020 to March 2023.
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