Pub/bar for sale in Hanover Street, Edinburgh EH2, £50,000

50,000.00

Offer Nr.:
65803322
Type of ad:
for Sale
Property type:
Pub/bar
Contact name:
Cornerstone Business Agents
Phone(s):
0131 268 8358

Trading until very recently as Bar Soba, this bar/restaurant occupies a highly
prominent trading location on Hanover Street in the heart of what has become
known as Edinburghs “golden rectangle”. The “golden rectangle” represents a
central location in Edinburghs New Town between St. Andrew Square and
Charlotte Square incorporating all the streets and locations within.
The location also benefits from being close to George Street, Princes Street
and St. Andrew Square where the recently created St James Quarter is now fully
up and running attracting visitors and locals to the city centre.
The business trades from the ground floor and basement levels of a traditional
Georgian tenement property. There is independent access to the basement as
well as internal adjoining staircase. A further bar is located here along with
additional covers.
This space offers a wonderful opportunity to an operator looking for a
bar/restaurant space in one of Edinburghs most sought - after areas. The
premises are in good order throughout and available for immediate entry once
lease terms have been agreed.
The property is offered on a new lease agreement with a starting rent of
offers over £118, 000. Length of lease is negotiable. A guide price of £50, 000
is sought for the leasehold interest in the property and all fixtures &
fittings.

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