Piccolino Edinburgh, 103 High Riggs, Edinburgh, EH3 9RP

Piccolino Edinburgh is an Italian restaurant with a prominent city centre location being positioned opposite The Princess Exchange Building on Lothian Road which hosts 2,000 staff from various businesses such as Bank of Scotland, Turcan Connell and Pinsent Masons. There is a clear opportunity for an existing restaurateur, café / bistro operator to continue the current offering or change to attract more takeaway trade.

The surrounding area is synonymous with a wide range of quality licensed businesses along with a wide selection of other catering and retail offerings.

Piccolino Edinburgh is a must-visit Italian restaurant located in the heart of Edinburgh's Old Town. Edinburgh, the capital city of Scotland, attracts tourists from all over the world and hosts a population of 500,000.

Piccolino is situated at the top of Lothian Road in the centre of Edinburgh, approximately a five minute walk from the King?s Theatre, Meadows and local Universities.

Waverley Station is around a mile from the property providing easy links to Glasgow, Stirling, Aberdeen and Inverness as well as south to Newcastle, Manchester and London. Edinburgh City Centre is only a short 30 minute bus or tram ride from Edinburgh International Airport.

The property can be accessed from the main street or side, which leads directly to the business offering 40 spacious covers situated around a stone wall feature. Adjacent to the main seating area is a small bar serving draught beers, wines and spirits.

The kitchen is located at the back of the restaurant and offers comfortable space for chefs to work in. Following on from the kitchen are ladies and gents WC's with disabled access also granted in the ladies.
There is ample storage space located to the side of the kitchen with sufficient fridge space.

All fixtures and fittings required for the operation of the business will be included within the sale, apart from any leased or personal items.

There is additional outside seating for c.30 covers, partially covered by a retractable awning.

This fully licensed restaurant is currently operating as an Italian pasta restaurant. The business has been operated by the current owner for seven years who intends to exit to concentrate on other business interests.

The restaurant has always offered a high and consistent level of quality service to its customers due to its prominent location. The restaurant gains business from diners that are visiting the local King?s Theatre or staying at one of the three hotels located directly behind the building.

Trading Profit & Loss Accounts will be provided to seriously interested parties after a formal viewing.

Monday to Sunday
11.00am - 10.00pm

Leasehold at an asking price of offers over £150,000 with an annual rent of £18,500.

The Rateable Value as of 1 April 2023 is £18,800. Confirmation of actual rates payable can be obtained from the local Authority.

Premises Licence