Restaurant and bar for sale in Edinburgh's tourist hub with 140 covers and attractive lease
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Advert ID
637951
- Reference
1722 / Rightbiz
- Call Agent:
- Leasehold: £165,000
- Rent: £35,000 (£2,917 per month)
- Turnover: On request
- Profit: On request
Business Details
Immaculately presented restaurant & bar in Edinburgh (ref 1722)
Immaculately presented restaurant & bar offering. 140 covers (90 inside & 50 outside). Impressive ground floor and first floor trading areas. Extensive kitchen and service areas. GIA – 234.98sq m. Residue of 10 year lease. Attractive rental, currently £35,000 per annum. Rateable Value £28,500. Fully licensed with class 3 consent. Would suit a variety of international cuisines.
LEASEHOLD Guide Price £165,000.
The Pakora Bar is situated near the foot of Edinburghs Royal Mile. The Royal Mile is Scotland’s busiest street for tourists. Stretching from Edinburgh Castle at one end down to The Palace of Holyrood at the other, there is almost exactly 1 mile between these two famous attractions. This part of the ‘Old Town’ is the busiest tourist location in the city, with a wide and varied selection of retail businesses, restaurants, pubs and hotels.
The Pakora Bar is in the busy Holyrood area, close to many tourist attractions. These include The Palace of Holyroodhouse, Dynamic Earth, The Scottish Parliament and Arthurs Seat. The BBC studios, Rockstar games, The Pleasance, The Marriott Hotel, Edinburgh University, Moray House and extensive student accommodation are also close by.
Edinburgh continues to be a hugely popular year-round destination for visitors from all over the world with its fascinating history and excellent location as a base for visiting the remainder of the country.
Contact Agent
Particulars / More Information
Listing Statistics
Advert Statistics Graph
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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
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
Get Solicitor
