Restaurant/cafe for sale in Bush Estate, Penicuik EH26, £55,000

55,000.00

Offer Nr.:
65268528
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Cornerstone Business Agents
Phone(s):
0131 268 8358

Leasehold Guide Price £55, 000.
This restaurant occupies an eye catching trading location on a busy
thoroughfare just to the west of Edinburgh city centre. Benefiting from a
prominent position opposite main travel hubs, this location has a heavy daily
footfall due to its proximity to the city centre as well as being one of the
busiest parts of the city.
Just along from the business is a major commercial development, which will
include a hotel, offices as well as leisure and retail facilities once
complete. Further to the west of the property is the Murrayfield area which
houses Scotlands national rugby team as well as hosting major concert
performances.
This area of Edinburgh has undergone major development with the addition of
the tram network and is now reaping the benefits of this.
Edinburgh itself continues to be the most visited city in the country with
tourists from all over the world flocking to the city all year round.
Our clients have owned and operated from this location since 2019 building up
a loyal local following as well as benefitting from the many visitors and
tourists to this part of Edinburgh city centre. The current owners choose to
trade evenings only and offer sit in, take away or delivery options. The
restaurant would suit any number of cuisine offerings with seating for over 50
and also having the benefit of an alcohol license.
The subjects are held on the basis of a Fri lease to 2032 and the annual
rental is £17, 500. A guide price of £55, 000 is sought for the leasehold
interest in the property and all fixtures & fittings pertaining thereto.

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