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Unique Unlicensed Restaurant, Edinburgh City Centre (Ref 1382) For Sale

EDINBURGH, Edinburgh City, UK
Asking Price:
£15,000
Turnover:
Not applicable
Net Profit:
Not applicable

Great opportunity for owner operator. Quirky and well known ‘hidden gem’. Great City Centre trading location. Class 3 consent. 30 Covers – GIA 341 sq ft. Commercial Kitchen. Unlicensed – BYOB. New 10 year sub-lease on offer. Rent £12,000. Rates Exempt. Requires internal capital expenditure. UNDER OFFER.

The business operates in a highly central location in Edinburgh city centre. Located in Rose Street Lane North, the business benefits from being in the heart of a busy city centre yet retaining a unique ‘tucked away’ location.

The premises are a short stroll from both Princes Street and George Street, and literally just round the corner from Rose Street with its eclectic mix of popular bars and restaurants.

This is an ideal trading location to capture, tourists, shoppers as well as locals. Rose Street is at the heart of a popular leisure circuit with cafés, bars and restaurants, open from morning to late at night.

New York Steam Packet has been somewhat of an institution over the last 40 years. The restaurant has traded very comfortably as popular BYOB premises, popular with locals and tourist alike.

The business has been run by our clients for the last 14 years. Laterally, the business owners have been living abroad and the business has been competently run under management.

The business operated with a popular menu, offering burgers, steaks and seafood. The space would work well for a variety of different offerings and cuisines.

The property has class 3 cooking consent. The property is unlicensed for serving alcohol.

The business is available on a sub-lease basis. The current rent is £12,000 per annum. We are advised a new 10 years sub-lease will be made available.

Property Information

Property:

Leasehold

Lease Terms:

The business is available on a sub-lease basis. The current rent is £12,000 per annum. We are advised a new 10 years sub-lease will be made available.

Location:

The business operates in a highly central location in Edinburgh city centre. Located in Rose Street Lane North, the business benefits from being in the heart of a busy city centre yet retaining a unique ‘tucked away’ location.

The premises are a short stroll from both Princes Street and George Street, and literally just round the corner from Rose Street with its eclectic mix of popular bars and restaurants.

Premises Details:

The business occupies the ground floor and first floor of compact trading space. Entry is via entrance doorway on Rose Street Lane North to entrance vestibule & customer toilets. A spiral staircase then leads to the first floor with restaurant space to accommodate approximately 30 covers. We are advised the premises can occupy the lane in front of the premises for external dining and car parking.

Business Operation

Years established:
40

Other Information

Related Documents:

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