Popular & Profitable Restaurant In Edinburgh West End For Sale

Business description

The restaurant is situated in Edinburgh’s West End close to major attractions such as the Edinburgh International Conference Centre, major hotels and just a five minute walk from the world famous Princes Street.

The restaurant was refurbished approximately 2 years ago and offers a Mediterranean menu with an emphasis towards Italian style cuisine. The restaurant can seat 28 covers and also offers a take-away menu. Currently the business is closed on a Sunday and also for one month per year for owners holidays. There is still much potential to be realised from the business by opening 7 days per week and also offering morning coffees and snacks throughout the day.

For more information, please contact Gordon Mair of Cornerstone Business Agents below.

Property information

Property:

Leasehold

Lease terms:

The business is currently held on a lease with a current rental of £10,400 per annum.

Leasehold rent:

£10,400 per annum

Location:

Papoli Restaurant is situated in Edinburgh’s sought after West End on Morrison Street, approximately 5 minutes walk from world famous Princes Street. The area has a mixture of commercial and residential property along with a number of large hotels including an extended Premier Inn just “across the road”. This part of Edinburgh is continuing to be developed with plans for a new upmarket hotel to be built directly opposite the restaurant.

Premises details:

The restaurant is situated on Morrison Street, just a few minutes walk from the Edinburgh International Conference Centre and has a large window frontage giving an abundance of natural light into the dining area. A single doorway leads directly into the dining area which is designed and decorated in a modern theme. The room has a laminated wood floor, designer ceiling lighting and modern seating for around 28 covers. There is a small server counter to one side and direct access through to the kitchens.

The kitchen has a quarry tiled floor and offers a wide range of commercial kitchen equipment including pizza oven, gas burner, dough mixer etc. There are also toilets servicing the public area.

Business Operation

Trading hours:

The restaurant is open six days per week for lunches and evening meals. The business is currently closed on a Sunday as well as approximately one month per year for owner’s holidays.

Employees:

Papoli Restaurant is run by a husband and wife team with the assistance of two part-time staff.

Years established:

21 years

Other information

Related documents:

• 
• Sales Particulars