*Photographs are historic and only to be used as a guide.*
High-quality bar/restaurant opportunity. Prominent West End location. 10-year lease signed in 2021.Free of trade tie. Premises licence & Class 3 consent. Rent £36,000 per annum. Licensed 7 days per week. Premises are fully licensed from 9 am – 1 am. There is huge expansion potential for new owners. Fully renovated in 2022. The business ceased trading in April 2024.
LEASEHOLD Premium: £35,000.
These 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 Victorian tenement property in Edinburgh, with access by stairs from street level.
Edinburgh’s West End is still a hive of eclectic bars and restaurants located close to the popular office areas of Melville Place and 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.
The bar is to the centre of the premises, with access to the galley kitchen behind. Our clients have spent liberally to create an inviting and well-presented modern bar or restaurant that would suit a number of different styles and cuisines.
The property has a premises license and Class 3 consent.
The property is available on a leasehold basis. This will be the assignment of the current 10-year lease signed in 2021. The current rent is £36,000. The lease is free of trade ties.
The availability of these 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.
