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An Immaculate Bar And Restaurant Opportunity In Edinburgh For Sale

Edinburgh, Edinburgh City, UK
Asking Price:
£125,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

An immaculate licensed opportunity. Valuable and rare free of tie lease. Located in a prime “honeypot” trading location. 2023 net turnover circa 800k. 50/50 split on food/wet sales. Premises licence and class 3 consent. Well equipped kitchen and service areas. Rateable value £67,500. Passing rent £90,000 per annum. Offered in turnkey/walk in condition. Open 7 days, licensed to 1am Fri & Sat. 80 covers. Capacity 200.

LEASEHOLD Premium £125,000 for lease and F & F.

New operators will inherit a mature, well-established operation with considerable headroom for new operators. The business is offered for sale as a going concern with a fully motivated and experienced staff team in place.

The property has class 3 consent as well as premises licence.

The business is offered on a leasehold basis, we are offering the assignation of the current lease which runs until 2028. Subject to covenant the landlords will extend the lease term. The rent is £90,000 per annum. The lease is free of trade tie and site operates as a free house.

Property Information

Property:

Leasehold