Highly Visible Restaurant Opportunity in Portobello, Edinburgh (ref 1390)

City of Edinburgh, Edinburgh

Status

FOR SALE

Date Submitted:

30/06/21

Advert ID

279003

Reference

1390 / Rightbiz
Annual Rent: £20,500

Price stated is annual rent payable - nil premium.

Excellent restaurant opportunity. Close to Portobello Prom and planned new developments.  Class 3 consent.  New FRI Lease on offer – negotiable duration. GIA 114 sq m on ground floor with commercial kitchen.  Basement area. Great opportunity for owner operator.  Rent £20,500 per annum.  Capital expenditure and renovation required prior to opening.  Nil premium. 

 The subjects enjoy a very prominent roadside trading location on Seafield Road East at the northern end of Portobello High Street. The premises are also short stroll from the northern end of Portobello prom.

The immediate area will benefit from a large redevelopment of the Seafield Road car garage and bus depot area which is ear marked for a substantial residential development, although there are works currently underway on an alternative development nearby.

The property consists of a double shop unit, occupying the ground floor and basement of a Victorian style tenement property. Main entry is on ground floor leading into the premises.

The property comprises restaurant area with counter, potentially 30 or 40 covers. Staff area, commercial kitchen as well as ladies & gents toilets.  Accessed via staircase at the side of the property is the basement. This is a substantial area currently used for storage.

The premises do need capital expenditure and renovation prior to opening. There are items within the property belonging to the previous tenants bakery use which will be removed from the premises.

The property has class 3 cooking consent although does not have a licence for the sale of alcohol.

Key Features
  • Ideal for Full Refurbishment
  • New Lease
  • Vacant/Empty Premises
  • Currently Closed
  • Close to Local Amenities
  • Potential for Alternative Use
  • Nil Premium
Contact Agent
Advert Reference:
1390 / Rightbiz
Particulars / More Information
Listing Statistics
Impressions
i
The impression statistic is how many people have seen this advert on the search page.
:
Views
i
The view statistic is how many people have viewed this advert.
:
Enquiries
i
The total enquiries statistic displays how many people in total have made an enquiry to the advert.
:
Interested
i
The percentage rate displays the percentage of people that are interested in this business for sale.
:
Watching
i
This figure shows a number of people that have shown interest in this business for sale.
:
Last Viewed
i
The last viewed statistic displays when the last user has viewed this advert.
:
Last Updated
i
The last updated statistic displays when the last time the seller has updated its details.
:
Last Enquiry Received:
Contact the seller for more details, or book a viewing
Disclaimer
The data showed regarding this advert 'Highly Visible Restaurant Opportunity in Portobello, Edinburgh (ref 1390) - 1390 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.
Find out more about the business by contacting the seller