Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Superbly Situated Restaurant In New Town (ref 1400) For Sale

New Town, Edinburgh City, UK
Asking Price:
£59,000
Turnover:
Available on request
Net Profit:
Available on request

Well presented 60 cover restaurant. Prominent corner site close to Stockbridge. Close to George Street and city centre. Commercial kitchen and service areas. Class 3 consent & premises licence. Would suit a variety of international cuisines and trading styles. Currently run as a popular neighbourhood Italian. Ideal business for Chef Patron or Partnership team.

The subjects occupy a high profile corner site in the heart of the New Town, in Edinburgh city centre. The premises are located on the corner of Jamaica Street and Howe Street.

This is an excellent and highly visible trading location midway between Stockbridge and George Street. Stockbridge and the New Town is one of the most sought after trading locations in Edinburgh, full of eclectic shops, coffee shops, restaurants and cafes as well being the home of some of most expensive residential streets in Edinburgh.

George Street and Princes Street are both within a 5 minute walk, while Raeburn Place in Stockbridge is a similar distance in the opposite direction.

The property occupies the ground floor of a handsome Georgian property. Main entry is via a set of stairs at the front of the property, leading into a bright and spacious restaurant premises.

The business has traded as Papavero for the last 7 years and previous to that Room In The Town. A new opportunity exists for a motivated purchaser to trade from a highly prominent trading location in the New Town. The opportunity would certainly suit a variety of different trading styles and international cuisines.

The property is offered on a new lease agreement, the terms of which are negotiable. Rental offers of £36,000 per annum are invited. Any new tenant(s) must be demonstrably capable of fulfilling their obligations under the lease and an operator with experience in sought. The landlord will require a rental deposit or Personal Guarantee.

Property Information

Property:

Leasehold

Lease Terms:

The property is offered on a new lease agreement, the terms of which are negotiable. Rental offers of £30,000 per annum are invited. The landlord will require a rental deposit or Personal Guarantee.

Leasehold Rent:

£30,000 per annum

Location:

The subjects occupy a high profile corner site in the heart of the New Town, in Edinburgh city centre. The premises are located on the corner of Jamaica Street and Howe Street.

Premises Details:

The property occupies the ground floor of a handsome Georgian property. Main entry is via a set of stairs at the front of the property, leading into a bright and spacious restaurant premises.

Other Information

Related Documents:

Contact Cornerstone Business Sales and Valuations

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Cornerstone Business Sales and Valuations. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here