Restaurant/cafe for sale in Hanover Street, Edinburgh EH2, £69,500

69,500.00

Offer Nr.:
66141522
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Cornerstone Business Agents
Phone(s):
0131 268 8358

Tani Modi occupies a prominent trading location on Hanover Street, midway
between Queen Street and Thistle Street in what has become known as the
'golden rectangle' in Edinburgh city centre. 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 property is set back from the main pedestrian pavement on the southern
side of Hanover Street, with steps leading down to the entrance of the
property. Other operators close by include Six by Nico, Grand Cru, Bar Napoli,
Bucks Bar and All Bar One.
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.
Our clients have owned and operated Tani Modi from this location since its
creation 10 years ago. The business has gone from strength to strength over
the years and has a huge volume of repeat trade along with custom from locals
and tourists. Due to the popularity of the brunches on offer at Tani Modi,
booking at the weekends is essential at those times and advisory during the
rest of the week. A full menu can be found at Tani Modi enjoys an enviable
rating on Tripadvisor and is a very well known, highly respected establishment
in Edinburgh city centre.
There is an alcohol license in place.
The subjects are held on the basis of a Fri lease and the annual rental is
£35, 500. The lease expires in August 2028, the landlord will consider an
option to extend.

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