Freehold Pub for Sale on Busy Arterial Road in Edinburgh
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Advert ID
647441
- Reference
1809 / Rightbiz
- Call Agent:
- Freehold: £360,000
- Turnover: On request
- Profit: On request
Business Details
Freehold Pub on a busy Edinburgh arterial road (ref 1809)
Corner sited Public House. Located on a busy arterial road. Situated in popular Trinity/Leith area. Large open plan public house. Sizeable basement. Great opportunity for pub/licensed operators. Owned and let out by our clients on a long-term basis. Sold with the benefit of vacant possession. Significant alternative use potential (STPP). Valuable freehold sale. RV £18,200.
FREEHOLD Guide price £360,000.
Oceana is located on Ferry Road, in the Trinity area of Edinburgh, approximately two miles north of the city centre. Situated within a parade of retail businesses serving the local community to include a post office, chip shop and a Boots pharmacy.
Ferry Road is a busy road bringing traffic from the north and west to the Port of Leith, a short distance to the east of the property. Trinity and the Ferry Road area are popular residential areas with easy communication links to the city centre.
The property occupies a prominent trading location on the corner of Ferry Road and Trafalgar Street.
The availability of Oceana should appeal to a wide buyer market. The subjects are a non-core asset owned by our clients. They have historically leased out the pub throughout their term of ownership.
The opportunity should be attractive to licensed operators and investors who are keen to acquire a large corner site trading in a densely populated commercial and residential neighbourhood. The subject also offers a flexible alternative use, especially for retail. Given the size of the site, the premises could easily revert to convenience store use. Any change of use would be subject to local authority planning consent.
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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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