High profile trading location on Portobello High Street. Fantastic fit out with high quality interior. Class 3 cooking permission and premises licence. 40 + Covers (depending on layout). Full commercial kitchen. Rent £12,000 per annum. Rateable value £25,000. To be sold on a debranded basis. Excellent opportunity for motivated operator(s). Current lease is to 2041. Rare opportunity in sought after locale. Free of any trade tie.
Leasehold Guide price £65,000.
Portobello is often referred to as “Edinburgh by the sea” or “Edinburgh’s seaside.” The town is a popular residential and commuter town in its own right lying to the east of Edinburgh city centre. Over the last 10 years or so the town has grown in terms of popularity and the high street has witnessed the arrival of new shops, cafés and bistro’s that reflect some of the new residential incomers moving into the area.
Portobello is famed for its promenade and sandy beach popular with walkers all year round and tourists and locals alike in the busy summer months. The subjects has a prominent trading location towards the southern (Joppa) end of the High Street.
A huge opportunity exists for a motivated operator to acquire a prominently located licensed premises in one of the most up and coming trading locations in the greater Edinburgh area. Portobello High Street represents a much sought after trading location.
Our clients have operated the business since 2022 and have traded the business under management as a complimentary/sister offering to their main business. Our client’s primary business is going through a period of substantial growth and this growth sadly requires the sale of the tap room operation.
Prospective operators will be able to acquire a well fitted site immediately ready to trade to several different trading styles and business offerings.
