Restaurants for sale in Edinburgh City

View the "Well presented licensed business, Edinburgh West End (ref 1359)" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Well presented licensed business, Edinburgh West End (ref 1359)

Edinburgh City, Scotland

  • Leasehold Price: £70,000
Seller Reference: 1359
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Business Description
 
 
 
 
 
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Seller Reference: 1359
Request Details
Business Description
High quality bar/restaurant opportunity. Prominent West End location. 10 year lease signed in 2019. Free of trade tie. Premises licence & Class 3 consent. Rent £36,000 per annum. To be sold on a de-branded basis. Trading only 9am – 5pm to suit our clients concept. Premises are licensed from 9 am – 1 am.

The premises are located on Melville Place in the heart of Edinburgh’s West End, a short stroll from Cairngorm Coffee, West Rooms and underneath Boom Barbers.

The subjects occupy the basement of a traditional Edinburgh Victorian tenement property with access by stairs from street level.

Edinburgh’s West End is still a hive of eclectic bars and restaurant located close to the popular office areas of Melville Place, Atholl Crescent as well as the financial services district.

In addition, the West End is also close to Princes Street, Lothian Road and Shandwick Place which has a diverse licensed and leisure offering from breakfast time to late into the small hours of the morning.

Upon entry patrons are led into an open plan bar area comfortably catering for over 80. There are many nooks and crannies within the property that give it a very unusual and interesting layout. The bar is to the centre of the premises with access to the galley kitchen behind.

The property is available on a leasehold basis. This will be the assignation of the current 10 year lease signed in 2019. The current rent is £36,000. The lease is free of trade tie.

The availability of this bar and restaurant premises on Melville Place provides an excellent opportunity for a motivated purchaser to acquire a high profile bar and restaurant located in the heart of Edinburgh’s West End.
Tenure:
Leasehold
Location Details:
The premises are located on Melville Place in the heart of Edinburgh’s West End, a short stroll from Cairngorm Coffee, West Rooms and underneath Boom Barbers. Edinburgh’s West End is still a hive of eclectic bars and restaurant located close to the popular office areas of Melville Place, Atholl Crescent as well as the financial services district. In addition, the West End is also close to Princes Street, Lothian Road and Shandwick Place which has a diverse licensed and leisure offering from
Leasehold Term:
The property is available on a leasehold basis. This will be the assignation of the current 10 year lease signed in 2019. The current rent is £36,000. The lease is free of trade tie.
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