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Restaurant for sale

30/32 Leven Street - EH3

Under Offer £70,000

Property Description

Commercial information

  • Business for sale

Key features

  • Main Road Location
  • Turnkey Business
  • Ideal First Time Business
  • Licenced Restaurant

Full description

Tenure: Leasehold

Building External
The property is straight to street with on street parking available near by.

The business is conveniently located and is within close proximity to the Kings Theatre, the financial institutions and offices of the west of the city, and is within walking distance of Princes Street, George Street and the Old Town. There is a wide range of local amenities nearby on Home Street, where a variety of specialist shops, banks, cafes, restaurants and bars can be found, along with further amenities on Lothian Road, including a Co-operative supermarket. There is plenty of open space within walking distance, including the Union Canal, the Meadows and Bruntsfield Links and an excellent public transport system services the area, linking you with the city centre and further afield.

Building Internal
The property is a purpose built terraced building arranged over two levels. The front of the property is straight to the main street and the main entrance is from the front which in turn leads to all areas. Inside, the restaurant is designed to a modern and contemporary finish. The main bar is located to the right on entry which also has a dining area. The main restaurant/dining area occupies the rest of the ground floor. The restaurant offers dining for up to 50 guests and comes fully furnished with quality glass tables and high back leather styled chairs. The fully fitted commercial kitchen is located on the lower level with modern equipment and serves the upper floor via two dumb waiters. Customer toilets are located on upper floor.

The business is offered on the Scottish equivalent of leasehold with an existing lease of 23 years and with annual rental of £24,000 PA

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

Full trading figures will be given once a formal viewing has taken place.

This is a unique and exciting opportunity to purchase a truly stunning and beautifully presented restaurant in true walk-in condition. EARLY VIEWING IS ADVISED.

Call to Action
O/O £70,000 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

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.

Map & Street View

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