1780 Restaurant + Bar, Rose Street, Edinburgh

1780 Restaurant + Bar, Rose Street, Edinburgh

Property Details

Type:
Restaurants
Lease:
Leasehold
License:
Full Premises License, Hot Food Consent
Price:
Offers Over £50,000
Reference:
1811
EPC Rating:
D
Closing Date:
11th December 2018 at 12:00

Property Description

  • Closing Date: 11th December 2018 at 12:00
  • Offers Over £50,000

A rare opportunity to acquire a fully licensed business in one of Edinburgh's prime City Centre locations with strong footfall.  Enjoying a pavement licence and positioned at the west most point of Rose Street, close to Charlotte Square.

Situation

The property is positioned on one of Edinburghs' most popular retailing, eating and drinking pedestrian thoroughfares, Rose Street, towards the West end close to the inflow and outflow from Charlotte Square.  Postioned on the North side with a Southfacing aspect it also enjoys a defined outside eating area and pavement licence.

The Business 

Operated by our clients since 2016 the business was taken on as part of a group purchase and is now surplus to requirement for our client who operate 2 other businesses in the City Centre.  The business benefits from strong levels of footfall throughout the year with peaks when the International Rugby is on and Edinburgh Festival in particular.

Enjoying a 7 day premises lcince til 1am allowing for the sale of alcohol both on and off the premises.  The rent has just been reviewed to £40,000 per annum and the lease is until 2033 with an option for a further 5 year extension.

For further details click for a brochure on this page or contact alan@therestaurantagency.com or simply call 0131 441 2663.

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