Restaurants for sale in Edinburgh

View the "Well Presented Bar & Kitchen, Edinburgh (ref. 1109)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 The purchaser came to us from the advertisement on Daltons. 

Julie Ashcroft (Mar 2017)
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Leasehold Price: £15,000 Price Reduced
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Business Description
PRICE REDUCTION

Well presented and modern Bar split over two levels located in the Newington area of Edinburgh, to the south of the city centre. Huge scope for new owners to increase trade by making full use of all internal areas and increasing opening hours. Free of tie lease. Rent £24,00 per annum.

This is an excellent opportunity to acquire a free of tie lease in a prominent trading location in an up and coming area south of Edinburgh city centre. Ground floor bar (total capacity circa. 120 persons), raised bar area currently utilised for private functions, a more intimate dining area currently housing a football table, under-utilised first floor bar (30 persons) previously used as a function & events bar, kitchen & service areas and second floor office area also currently under-utilised.

Huge scope for hands on owners to operate more fully including all day opening, the establishment of the additional function/events bar on the first floor into a more utilised space.

Truly an excellent opportunity for a motivated individual or partnership team.

Current rent - £24,000 per annum. Free of tie lease, residue of a 5 year lease which began in 2017. Landlords would be amenable, depending on covenant, to a lease extension.
Trading Hours:
Currently trading evenings only.

Tenure: Leasehold

Location Details:
Newington area of Edinburgh, just south of the city centre.

Leasehold Term:
Residue of 5 year lease. Rent of £24,000 per annum.

Website:

Downloadable Documents

Listed by: Cornerstone Business Agents

Find out more about this business opportunity.

 
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1109
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