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Licensed 30 Cover Restaurant, Edinburgh (Ref. 1268) For Sale

Newington, Edinburgh City, UK
Asking Price:
£37,500 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Ocean Café Italian Bistro is located in the heart of Edinburgh’s Old Town on South College Street which runs between South Bridge and Chambers Street. There is also pedestrian access where it joins with West College Street to the busy Potterrow area of the city.

Our client has operated from this site for just over 4 years and has reluctantly placed the business on the market to concentrate on other projects. Trading as an Italian style bistro offering a selection of pizzas, pastas, burgers, wraps and salads, Ocean Café Italian Bistro benefits from a wonderful trading location in the heart of Edinburgh’s historic Old Town. The premises also have an alcohol licence and offer deliveries through the likes of Deliveroo and Just Eat.

There is a good range of fixtures and fittings throughout and although successful in its current format, a new owner may look at offering a different cuisine from this site.

There are approximately 4 years remaining on the current lease with an annual rent of £18,000 payable.

The business is run by the owner with a selection of full-time and part-time members of staff.

Property Information

Property:

Leasehold

Lease Terms:

4 years remaining on current lease. £18,000 rent per annum.

Leasehold Rent:

£18,000 per annum

Location:

This café/restaurant is located in the heart of Edinburgh’s Old Town on South College Street which runs between South Bridge and Chambers Street. There is also pedestrian access where it joins with West College Street to the busy Potterrow area of the city.

This area is very much a hub for Edinburgh students with a large student accommodation facility next door and Edinburgh University campus at Potterrow located within a few minutes stroll.

Also located nearby is the National Museum of Scotland on Chambers Street and the Festival Theatre with other major tourist attractions such as Edinburgh Castle, Royal Mile, Holyrood Palace and Princes Street all located within a short walk.

This part of Edinburgh is busy throughout the year attracting both tourists and students along with local residents.

Premises Details:

Ocean Café Italian Bistro occupies the ground floor and basement levels of a tenement style property with a frontage comprising of a large display window and single entrance.

Business Operation

Reasons for selling:

Other business interests/relocation.

Trading hours:

11:00am – 10:00pm 7 days a week.

Employees:
Run by the owner with a selection of f/t & p/t staff
Years established:
4 Years

Contact Information

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