An opportunity to acquire a presently rare City Centre established business in readiness for Christmas trading. Within a popular West End Licensing Circuit with Bars, Cafes, Restaurants, tourist attractions and hotels all within a stones throw.
- Asking Price:
- £125,000 Furniture / Fixtures included
- Turnover:
- £500K - £1M
- Net Profit:
- Undisclosed
Property Information
- Property:
-
Leasehold
- Lease Terms:
-
Residue of 15 year lease, extension likely
- Leasehold Rent:
-
£43,000 per annum
- Location:
-
Prime West End location on the junction of Queensferry Street and Alva Street. Positioned close to Princes Street and the Johnnie Walker Experience (tourist attraction). It is at lower street level and set amongst a range of bars, pubs, cafes, restaurants all in the same district.
- Premises Details:
-
The business is visible from street level but is positioned in lower street level accessed by a stone stairwell - room for outside seating if required and the business itself caters for up to 60 covers in 3 main dining spaces plus a conservatory to the rear offering more light. Full of character with a good sized commercial kitchen at the same level. Long established and successful trading location.
- Size in square feet:
- 1800 sq ft
- Planning Consent:
-
Full Hot Food consent/planning and a Full Premises Licence
- Energy Performance Rating:
- G
Business Operation
- Reasons for selling:
-
Client is moving overseas.
- Years established:
- 8 years
