Infinity Nightclub was extensively refurbished in 2016 and occupies a very prominent trading position in Edinburgh city centre located close to Broughton Street, Playhouse Theatre and the brand new St. James Centre development.
The availability of Infinity Nightclub on Picardy Place represents an ideal opportunity for prospective purchasers to acquire a substantial licensed venue in an already established popular licensed circuit in Edinburgh city centre.
The trading area has three distinct areas with a large open plan main bar area with dancefloor located off and further seating area beyond a second bar area which can be completely self-contained from the rest of the business with its own bar and dj area. This then leads to an exclusive VIP area which is located off the second bar. The VIP area has its own private dispense bar.
Although the business trades as a nightclub it has several different licencing options to continue in the same format or adapt as a popular late night bar.
The business benefits greatly from the extent of its premises licence with favourable extensions and also benefits from being a free of alcohol tie offering.
The business is run under management by our clients with several part-time members of staff.
In order to assign the lease the landlords will require background information on prospective tenants in order to authorise consent. This may include a request for a business plan as well as confirmation of funding. Prospective tenants will also be asked to provide a deposit equivalents to 3 months rent.
Further information available upon request, please contact seller below for more details.