Restaurant/cafe for sale in Dublin Street, Edinburgh EH3, £29,500

29,500.00

Offer Nr.:
61747422
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Cornerstone Business Agents
Phone(s):
0131 268 8358

Stac Polly enjoys a tremendous trading location in the heart of the New Town
situated on the corner of Dublin Street and Albany Street. Stac Polly has been
a popular fixture on this corner for the last 30 years and during which time
has attracted a significant reputation as a high quality bar and restaurant.
The location is very well situated to serve passing trade and is well tagged
as a popular destination restaurant at present enjoying significant repeat
business from some of the larger hotels in the central Edinburgh area. The
business enjoys a tremendous trading location close to Queen Street, George
Street as well as the tram terminus at York Place. In addition, the business
is also situated close to the new St James shopping centre development, this
large scale development and immediate area has arguably anchored and shifted
the city centre around the St James Quarter.
This is a wonderful opportunity to acquire a substantial restaurant premises
located in a highly attractive city centre trading location. The business has
been in our clients capable hands for the last 5 years, previous to that the
business was under the same ownership for 28 years. The restaurant is operated
by our client plus the assistance of a full and part time members of staff.
Stac Polly has been somewhat of an Edinburgh dining institution over the years
utilising the best of local produce from Scotlands Larder. It is felt the
business would be equally suited to a continuation of name and trading style
or indeed providing the size and scope for a full rebrand and change of
trading style.
The business is held on a leasehold basis with a current annual rental of
£40, 000 per annum. Details of the lease will be made available to seriously
interested parties after a formal viewing. Rateable value £41, 600.
Leasehold Offers in the region of £29, 500.

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