Restaurants for sale in Edinburgh

View the "Popular Edinburgh Restaurant, Lease for Sale (ref. 1149)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Popular Edinburgh Restaurant, Lease for Sale (ref. 1149)

Edinburgh, Scotland

  • Leasehold Price: £120,000
Seller Reference: 1149
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Business Description
 
 
 
 
 
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Seller Reference: 1149
Request Details
Business Description
42 cover restaurant on prime corner location on Morningside Road. Would suit a variety of trading concepts/styles. Full class 3 consent & premises licence. Residue of a 20 year lease which commenced in 2010. Current rent £30,000. GIA 1,444 sq ft over ground floor and basement levels. Strong turnover and profits.

Nonna’s Kitchen occupies a prominent trading location on the corner of Morningside Road and Churchhill in the heart of Morningside, Edinburgh. This highly visible trading location is arguably one of the best trading locations in the Bruntsfield & Morningside area. The situation allows full visibility on a bustling road in the midst of the one of the most sought after residential and commercial areas in Edinburgh.

Internal details of the restaurant briefly comprise a bright, well lit restaurant space to accommodate 42 covers easily. The restaurant is laid out in a traditional style with a bar counter and gantry located at the rear on the right hand side.

The business is offered for sale with the residue of a 20 year lease which commenced in 2010 with a current rental of £30,000 per annum.

The business has been run by our clients since 2010. The business has been run as a family concern performing very strongly and consistently over the last nine years. Turnover has performed at an impressive level and although trading as an Italian restaurant the premises would certainly lend itself to a number of international cuisines.

Tenure:
Leasehold
Location Details:
Nonna’s Kitchen occupies a prominent trading location on the corner of Morningside Road and Churchhill in the heart of Morningside, Edinburgh.
Leasehold Term:
The business is offered for sale with the residue of a 20 year lease which commenced in 2010 with a current rental of £30,000 per annum.
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