Pub for sale

229 Leith Walk - EH6

£94,995

Property Description

Commercial information

  • Business for sale

Key features

  • Large bar area
  • Leasehold opportunity
  • Corner location on main road
  • Locally supported pub

Full description

Tenure: Leasehold

Business
Bruce and Co. are pleased to offer for sale a popular and very busy public house situated on the Leith Walk, Edinburgh. The Pub was purchased by our clients over 12 years ago during which time it has been trading successfully and has been placed on the market by our clients due to other business interests. The property has been very carefully maintained throughout their ownership and is presented in true walk in condition with no work required before new owners could commence immediate trading. The business has established an excellent base of loyal clientele from residents and although the business forms an important part of the local community it also attracts custom from tourists to the town due to its great location. The business trades currently with wet sales only and although it boasts strong trading figures the business is mostly staff run but we think this would also suit an owner operator.

Situation
This Public House occupies and enviable location on the busy Leith Walk in the centre of Edinburgh. The business is surrounded by both commercial and residential properties.

The Property
The business premises occupy the ground floor of a large tenement building. This attractive property is of traditional appearance and has been well maintained and cared for inside and out. The entrance leads directly into the bar area which is traditionally furnished with wooden tables and chairs. The pub also benefits from a snug backroom for small parties. Customer WC facilities are located towards the rear of the building.

External
The business is straight to street with parking available on street directly outside.

Services
The property has mains water, drainage, electricity, gas.

License
The business trades with a full license.


Trading Figures
Accounts will be available once a formal viewing has taken place.

Tenure
The current lease has 10 years remaining with annual rental of £22000 pa.

Summary
Excellent opportunity to purchase a popular and well run public house which is well supported by the local community and beyond. The business trades successfully enjoying a healthy turnover and is widely recognised for its live music and entertainment nights.

Price
Offers over £94,995 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.

Offers
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.


Nearest stations

  • Edinburgh (1.1 mi)
  • Edinburgh Waverley (1.1 mi)
  • Haymarket (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Edinburgh (1.1 mi)
  • Edinburgh Waverley (1.1 mi)
  • Haymarket (2.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 45106. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Bruce & Co. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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