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Leasehold - 75 Cover Restaurant, Edinburgh (ref. 1248) For Sale

Edinburgh, Edinburgh City
Asking Price:
£160,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Restaurant premises (75 covers) in prominent trading location at the top of Leith Walk, opposite Edinburgh Playhouse. GIA 3782 sq ft. Close to new St James Development. Ideal for partnership team.

The Oxtail is a French restaurant/brasserie which caters for 75 covers and is beautifully presented. The restaurant space would suit a variety of different cuisines and trading styles.

Currently our clients open the restaurant from 9am to cater for breakfast and also provides lunch, dinner and pre theatre menus.

There is great passing trade for the business with many commuters and tourists passing the property, as well as receiving great pre-theatre trade from the Edinburgh Playhouse Theatre.

This business would be ideal for a partnership team to run on a hands-on basis.

The remainder of the current lease is on offer (approximately 12 years remaining) with a current rent payable of £40,000 per annum.

Property Information

Property:

Leasehold

Lease Terms:

12 years remaining on current lease.

Leasehold Rent:

£40,000 per annum

Location:

Antigua Street is located at the top of Leith Walk in the east end of Edinburgh city centre.

Premises Details:

GIA 3782 sq ft - 75 covers premises.

Size in square feet:
3,782

Business Operation

Reasons for selling:

Other business interests.

Trading hours:

Monday 9am–10pm
Tuesday 9am–10pm
Wednesday 9am–10pm
Thursday 9am–10pm
Friday 9am–10:30pm
Saturday 9am–10:30pm
Sunday 9am–10pm

Employees:
7 full-time & several part-time staff with the assistance of seasonal staff as required.

Contact Information

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