An immaculate and outstanding restaurant. Benefitting from a £160,000 fit-out in 2025. 70+ covers depending on configuration. Residue of 15-year lease signed in 2025. Main dining areas with bar (35). Two basement dining areas (24 - 30) and (15) with Bar. Full class 3 consent and premises licence. GIA 167.07 sq. m. Rent £36,000 pa. RV £35,300. Ideal opportunity for chef-patron. Walk-in condition for new owners. Arguably one of the best-looking restaurants in Edinburgh.
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The subjects are located on Eyre Place, a charming New Town street situated close to Dundas Street, Stockbridge and Canonmills. Princes Street and George Street are an approximate 10-minute walk from the restaurant, the centre of Stockbridge lying a similar distance to the west. Eyre Place is known to many in residence and visitors alike for the last three decades as a popular restaurant space.
The area around Eyre Place houses many local employers including Royal London Insurance, Standard Life as well as the Tanfield office blocks. The area is also close to the Botanic Gardens, the Water of Leith and the vibrant Broughton Street area with its closeness to the Playhouse Theatre and the St. James development.
At the rear of the restaurant, one of the largest developments in Central Edinburgh is underway: The New Town Quarter is a mixed-use residential and office development that will bring many families, professionals and businesses into the area. This £250m development is due to be completed in 2028.
The stunning main restaurant and bar has 35 covers. The basement level has two separate dining areas (24-40) and (15). Both ideal for overspill dining as well as private parties, corporate entertainment and private dining. One of the dining rooms has its own bar.
The business has been in our clients’ hands since early 2025. Our client undertook a significant refurbishment of what was a closed site, opening for trade in April 2025. The extent of the capital expenditure is significant, estimated at £160,000.
Our clients have spent liberally to arguably create one of the best-looking restaurants in Edinburgh presently. The attention to detail of the fit-out is superb, one-off chandeliers, marble tables and the unique bar and roof all contribute to a luxe fit-out ready for new owners.
The significant capital spend extended to back-of-house with a complete kitchen and service area fit-out. New business owners will benefit from the recent refurbishment and be able to begin trading immediately.
Although trading as a high-end Indian restaurant it is strongly thought the premises would suit a variety of different international cuisines and trading styles.
New owners will also benefit from the planned opening of the new £250m residential-led development that is presently being built at the rear of the restaurant. The development is due to be completed in 2028.
Please consult the link for more information: https://www.newtownquarter.co.uk/ vision/
