Established 80-Cover City Centre Restaurant in Edinburgh with High Local and Tourist Traffic
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Date Submitted:
03/06/21
- Advert ID
277537
- Reference
1600 / Rightbiz
- Call Agent:
- Leasehold: £69,995
- Rent: £26,000
- Turnover: Not Applicable
- Net Profit: On request
Key Features
- Fully Fitted
- Attractive Business
- Town Centre location
- Close to Local Amenities
- High Turnover
- Established Business
- Accounts Available
- New Lease
- Prime Location
Business Details
Stunning 80 Cover City Centre Restaurant with Excellent Reputation
Central Business Sales is delighted to offer to the market a very well established and popular 80 cover city centre restaurant. The restaurant has an excellent reputation and is very busy with local repeat trade and with the many tourists visiting the city. The premises have a full class 3 restaurant licence and an alcohol licence.
The restaurant currently offers a traditional Scottish and European menu, with the restaurant having excellent reviews on social media. It would make an ideal first time venture or would also make an fantastic addition to an existing business.
The large premises are approximately 120m² and are in excellent condition, having been fully modernised.The main entrance leads into a welcoming reception area. There is an open plan seating area that leads onto an additional raised seating area. There is also a third area that is ideal for private dining. A good sized food preparation area with an large fully equipped kitchen lie to the rear. The large kitchen is an excellent selling point.
The business is being offered to the market with a brand new 10 year lease on offer. Rent is £28,000 per annum.
Contact Agent
Listing Statistics
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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Contact seller
Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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