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Spacious Edinburgh Bar with Basement Function Room and Commercial Kitchen for Sale

City of Edinburgh, Edinburgh
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A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 1
A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 2
A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 3
A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 4
A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 5
A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 6
A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 7
A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 8
A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 9
A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 10
A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 11
A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 12
A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 13
A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707) Photo 14
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A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)
  • Leasehold: £50,000
  • Rent: £37,759
  • Turnover: On request
  • Net Profit: On request

Business Details

A deceptively spacious bar in a high footfall trading area of Edinburgh (ref 1707)

Well-presented bar premises. Offered in excellent walk in condition. Spacious basement function room (70). Commercial kitchen. Free of tie lease. Class 3 & premises licence. Residue of a 10-year lease. Current rent £37,759. Great trading pitch in busy central location. Next to Kings Theatre and close to Meadows. Ideal hands-on opportunity. 

LEASEHOLD Premium £50,000.

 

Home Bar is a well presented and superbly located business, occupying a very busy trading location around 1 mile south of Edinburgh city centre. It enjoys a prominent trading location adjacent to The Kings Theatre and close to The Cameo Cinema as well as the Meadows. The business is located just north of Tollcross and Lothian Road on the southerly outskirts of Bruntsfield.

This is a very busy trading location, ideal to capture passing trade as well as serve the large and varied neighbourhood. The area provides a mix of a bustling student population, tourists, young professionals as well as some of the most expensive residential streets in Edinburgh. Home Street offers an excellent visible roadside frontage as well as a high footfall trading location.

The immediate vicinity provides an excellent mix of retail and quality restaurants, bars & cafes. Occupiers close by include, Kora (Tom Kitchin), Blackbird, The Golf Tavern as well as Bennetts Bar.

The main bar has capacity for 70. A set of stairs close to the entrance leads to a basement bar and function room. The basement is well used for functions and private parties. The venue is also used as a festival venue. The basement can cater for 70 (50 for seated events) and comes complete with a separate bar and stage.

Our clients run a successful bar specialising in cocktails, as well as premium beers and spirits. Entertainment is provided near nightly with a well patronised quiz, open mic as well as live music. The basement bar represents a real area of further potential and exploitation for new owners, our clients have successfully hosted all variety of entertainment including a wedding.

New owners with a strong interest in food will be able to capitalise on the commercial kitchen, this is an area our clients have identified for increased growth.

 

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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.

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