Events Venue and Restaurant for Sale in Edinburgh with Future Bookings
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Advert ID
655512
- Reference
1774 / Rightbiz
- Call Agent:
- Leasehold: £110,000 (Stock at valuation)
- Rent: £43,000 (£3,583 per month)
- Turnover: On request
- Profit: On request
Business Details
An Outstanding Events Business Restaurant Bar Opportunity in a busy trading location in Edinburgh
** CONFIDENTIAL SALEÂ **
Stunning and flexible Events Business / Restaurant / Bar space. Walk in condition with significant high-level investment. Exceptional trading location. Currently run as an Events Venue for Weddings / Private Hire / Corporate & base for External Catering Operations. Huge bonus of over £150k in advanced trade/bookings as current owners continue to book dates into 2026 and 2027. Huge potential for new owners.100 Covers & 30/40 external covers. Premises licence and class 3 consent. Residue of a 17-year lease which began in 2021. To be sold on a debranded basis. Internal size: 239.62 sq. m. Would suit a variety of different cuisines/trading styles. Premises has benefitted from a 75k investment in the last 3 years. Current Rent £43,000 per annum VAT.
LEASEHOLD
Offers over £110,000 SAV.
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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.
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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.
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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.'.
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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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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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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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