30a Chambers Street, 30a Chambers Street, Edinburgh, Scotland, EH1 1HU
- SIZE
Ask agent
- SECTOR
Bar / nightclub for sale
Key features
- Prime City Centre Location
- High Footfall Area / 580 Capacity Venue
- Former Revolution Late Night Bar
- Fully Fitted Commercial Kitchen
- Long Leasehold Opportunity
- Annual Rent £195,000 - EPC Rating D
- Christie & Co Ref: 5255014
Description
The property was previously occupied by Revolution Bars and comprises the ground floor, lower ground and sub-basement parts of an attractive four-storey late 19th Century sandstone building.
The accommodation is arranged as a recently refurbished contemporary bar, restaurant and dance floor. The light-filled lower ground incorporates an impressive vaulted glass ceiling.
The upper parts of the building (private residential flats) are not included in the leasehold sale interest and fall under a separate title.
The property is listed category B and sits within the Old Town Conservation Area which is also part of a World Heritage Site.
The property is located in the heart of Edinburgh’s Old Town, which is in the southern section of the city centre, immediately to the south of Edinburgh’s famous Royal Mile (the stretch of Lawnmarket, High Street and Canongate that connect the Castle with Holyrood). This area of the city is characterised by university and cultural buildings.
Edinburgh University and Edinburgh College of Art are located here, as well as major tourist sites which include the National Museum of Scotland, Edinburgh Festival Theatre and the Talbot Rice Gallery. This is also Edinburgh’s main night life and restaurant quarter. The famous Grassmarket is here with its many pubs and bars and the streets of Old Town are home to a host of Edinburgh’s best known eateries, pubs & bars.
The subject property is strategically located at the eastern end of Chambers Street very close to its junction with George IV Bridge and adjacent to Nandos. It faces the National Museum across to one of the University’s main campus buildings. The renowned Greyfriars Bobby memorial and bar is diagonally opposite. Many well known bars, hotels and venues are very nearby including the Hotel du Vin and Bistro du Vin, G&V Royal Mile Hotel, The Jazz Bar & Greyfriars Bobby’s Bar.
An attractive Grade B Listed property providing 12,644sq.ft (1,174sq.m) of quality restaurant and bar space.
The property comprises three separate bars and a dance floor, creating a venue with a capacity for c.600 people.
Fully fitted commercial kitchen with dumb waiters.
Ladies, gents and disabled toilets on both floors.
Internal lift with access to all floors.
The property will come with limited fixtures and fittings, any rented or leased equipment will be removed.
The OpportunityWe are looking to secure an new tenant and strong covenant for our client, the property is being marketed with vacant possession with some elements of fixtures and fittings being made available.
The property is currently vacant and a rare opportunity for an experienced operator or an addition to a current multi site operator to acquire a prime location in Edinburgh City Centre.
Current licensed hours as per premises licence:
On Sales:
Monday to Saturday
11:30am to 1:00am
Sunday
12:30pm to 1:00am
Off Sales:
Monday to Saturday
11:30am to 10:00pm
Sunday
12:30pm to 10:00pm
Long term FRI Lease - minimum 10 years.
Business RatesThe Rateable Value is £100,500 as of 1 April 2023. Confirmation of actual business rates payable should be obtained from the Local Authority.
RegulatoryPremises Licence
Energy Performance Certificates
EPC 1Brochures
30a Chambers Street, 30a Chambers Street, Edinburgh, Scotland, EH1 1HU
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Edinburgh Waverley Station0.3 miles
- Haymarket Station1.1 miles
- Slateford Station2.5 miles
Notes
Disclaimer - Property reference 5255014-lh. 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 Christie & Co, Pubs & Restaurants. 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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