Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Restaurant/Bar Opportunity, Edinburgh (Ref. 1315) For Sale

Edinburgh, Edinburgh City, UK
Asking Price:
£25,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

Nil premium / Price stated is annual rent payable.

An exciting licensed opportunity in Edinburgh Old Town. New Lease on offer – length negotiable. Internal capex required. 6 months rent in advance required. Rateable value £25,700. 50-60 cover restaurant (ground floor). Kitchen & services on basement level. Total GIA 1840 square feet. Premises license and class 3 consent.

The subjects occupy a prominent trading location on Drummond Street just off South Clerk Street in the heart of Edinburgh Old Town.

The subjects had traded as an Indian Restaurant for the last 13 years and we are now being instructed to act for the landlord seeking a new tenant.

The availability of the subjects offers a motivated and enthusiastic prospective tenant a well proportioned restaurant site located in a central trading location in Edinburgh.

Drummond Street is well located off South Clerk Street close to Edinburgh Festival Theatre as well as Edinburgh University and the busy thoroughfare of South Clerk Street/Newington.

The premises would be suitable for a variety of different international cuisines and trading styles.

The subjects are available on a new lease basis, the length of lease is negotiable. Rent is £25,000 per annum. Prospective tenants will be asked to provide six months rent in advance. Prospective tenants may also be asked to provide a business plan and CV for landlord references etc.

Property Information

Property:

Leasehold

Leasehold Type:
New
Lease Terms:

New Lease. NIL premium. Rent £25,000 per annum.

Leasehold Rent:

£25,000 per annum

Location:

The subjects occupy a prominent trading location on Drummond Street just off South Clerk Street in the heart of Edinburgh Old Town.

The subjects are well placed to cater for the students, tourists, as well as locals and business people. The location enjoys close proximity to Edinburgh Festival Theatre, Edinburgh Museum, the Royal Mile as well as some of the main teaching buildings of Edinburgh University.

Premises Details:

The property occupies the ground floor and basement of a traditional Edinburgh tenement property with main access at the front of the business leading into the main restaurant.

The basement is accessed by a set of stairs on the far left when you enter the building.

Size in square feet:
1,840

Business Operation

Trading hours:

N/A - not currently trading

Employees:
N/A - not trading
Years established:
N/A - currently closed

Other Information

Related Documents:

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will happen?

    When you tick this box we will pass a copy of your details (excluding your message) along with the name of the business you enquired on to finance specialists Rangewell. They will contact you about financing your business purchase.

  2. 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 Free 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