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High Quality Licenced Business, Leith, Edinburgh (ref. 1126) For Sale

Edinburgh, Edinburgh City
Asking Price:
£48,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

High quality licensed business. Excellent trading location in the heart of Leith. Very flexible internal layout. Recently refurbished to a very high standard. 4 distinct internal trading areas. Outdoor seating. An exciting opportunity.

The Black Fox Shore occupies a prominent trading location on Constitution Street in the heart of Leith. This highly visible trading location lends itself perfectly for capturing passing trade as well as servicing the local community.

Impressive double door entry leads into a small area before opening into the large bar area. Our clients have extensively refurbished the property during their tenure in charge and internally is offered in excellent walk-in condition. Internally, the property can be divided into four different areas:- Main Bar, Raised Restaurant Area, Rear Ground Floor Function Area & Mezzanine Level Function Area.

The availability of The Black Fox Shore represents a superb opportunity to acquire a high performing multi-faceted unit located in the heart of Leith.

Income is derived from wet sales including premium spirits, cocktails and craft beer as well as a unique food offering specialising in vegan but with meat and savoury specials. Additional income is also derived from two flexible function space which can be utilised for a variety of different uses.

It should also be noted the premises have a full childrens licence.

Property information

Property:

Leasehold

Lease Terms:

The business is offered with the assignation of the current 10 year lease which began in 2018 with an option to extend for another 5 years. Current rent is £50,000 + VAT per annum.

The business is also free of any alcoholic beer tie.

Leasehold Rent:

£50,000 per annum

Location:

The Black Fox Shore occupies a prominent trading location on Constitution Street in the heart of Leith. This highly visible trading location lends itself perfectly for capturing passing trade as well as servicing the local community.

Leith is commonly referred to as Edinburgh’s port and is a vibrant part of Edinburgh that likes to claim “its independence” from the main city. Constitution Street is approximately 2 miles from Edinburgh city centre via Leith Walk, one of Edinburgh’s main arterial routes. Leith Walk is the main connecting thoroughfare to the city centre to the eastern part of the city.

Premises Details:

The business occupies a large stone built mid-terraced property with pitched roof and flat roof extension to the rear. Public accommodation is on ground floor as well as a mezzanine level.

Main entry is via a large set of double doors which leads through a courtyard area before arriving in the main bar. There is also an additional front entrance which leads into a second public area.

Size in square feet:
3,928

Business Operation

Reasons for selling:

Other business interests.

Employees:
The business is run by our client with the assistance of full and part-time members of staff. A full staff list will be made available to seriously interested parties only after a formal viewing and note of interest.

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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