Popular city centre bar/restaurant. Ground floor and basement trading levels. Traded as Bar Soba for 11 years. c.140 covers. New lease available. Ideal location for a variety of uses. Annual Rent – Offers over £118,000.
Leasehold Guide Price - £50,000.
Trading until very recently as Bar Soba, this bar/restaurant occupies a highly prominent trading location on Hanover Street in the heart of what has become known as Edinburgh’s “golden rectangle”. The “golden rectangle” represents a central location in Edinburgh’s New Town between St. Andrew Square and Charlotte Square incorporating all the streets and locations within.
The location also benefits from being close to George Street, Princes Street and St. Andrew Square where the recently created St James’ Quarter is now fully up and running attracting visitors and locals to the city centre.
The business trades from the ground floor and basement levels of a traditional Georgian tenement property. There is independent access to the basement as well as internal adjoining staircase. A further bar is located here along with additional covers.
This space offers a wonderful opportunity to an operator looking for a bar/restaurant space in one of Edinburgh’s most sought-after areas. The premises are in good order throughout and available for immediate entry once lease terms have been agreed.
The property is offered on a new lease agreement with a starting rent of offers over £118,000. Length of lease is negotiable. A guide price of £50,000 is sought for the leasehold interest in the property and all fixtures & fittings.
