Restaurant/cafe for sale in Shandwick Place, Edinburgh EH2, £75,000

75,000.00

Offer Nr.:
66139424
Type of ad:
for Sale
Property type:
Restaurant/cafe
Contact name:
Cornerstone Business Agents
Phone(s):
0131 268 8358

An excellent high - profile opportunity. Well know West End trading location.
Valuable 3am premises license. Well fitted Restaurant & Bar. Offered in
turnkey condition. Free of tie trading opportunity. 85 - 90 Covers on ground
floor. 18 covers in first floor private dining room. Outdoor trading area at
the rear. Well equipped kitchen and service areas. Rent £85, 0000 per annum.
Would suit a variety of different trading styles/cuisines. Total gia of
291. 85.
Leasehold Premium £75, 000.
The premises occupy a prominent trading location in the heart of Edinburghs
West End. The premises occupies a visible trading pitch on the southside of
Shandwick Place, yards from the West End (Princes Street) tram stop. The West
End still remains one of Edinburghs premier office destinations with nearby
Melville Street, Charlotte Square and Exchange Crescent a hub for accountants,
solicitors and finance houses. Shandwick Place is also very close to Lothian
Road, Princes Street and the New Johnny Walker Experience, this is a new and
very prominent Edinburgh tourist destination, slated to attract 1. 5m annually.
The location offers new owners a great trading pitch with an already busy
level of footfall 7 days per week.
Main entry leads into a bright and welcoming restaurant premises. The ground
floor trading area extends all the way to the rear and can cater for 90 covers
easily. On the first floor of the property there is a private dining
room/function space for 18 covers. This space doubles as a function room,
private dining facility as well as corporate meeting space. Externally, there
is a small, licensed patio area to the rear.
This is an excellent opportunity to acquire a new long - term lease on a very
prominent trading pitch in the heart of Edinburghs popular west end. It is
strongly felt that the subjects will lends itself well to a variety of
different trading styles and cuisines.
The property operates with class 3 consent and trades with a 3am licence.
The property is available on a leasehold basis.

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