Restaurant/cafe for sale in Dublin Street, Edinburgh EH3
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Property description
The location is very well situated to serve passing trade and is well tagged as a popular destination restaurant at present enjoying significant repeat business from some of the larger hotels in the central Edinburgh area. The business enjoys a tremendous trading location close to Queen Street, George Street as well as the tram terminus at York Place. In addition, the business is also situated close to the new St James shopping centre development, this large scale development and immediate area has arguably anchored and shifted the city centre around the St James Quarter.
This is a wonderful opportunity to acquire a substantial restaurant premises located in a highly attractive city centre trading location. The business has been in our clients capable hands for the last 5 years, previous to that the business was under the same ownership for 28 years. The restaurant is operated by our client plus the assistance of a full and part time members of staff.
Stac Polly has been somewhat of an Edinburgh dining institution over the years utilising the best of local produce from Scotlands Larder. It is felt the business would be equally suited to a continuation of name and trading style or indeed providing the size and scope for a full rebrand and change of trading style.
The business is held on a leasehold basis with a current annual rental of £40,000 per annum. Details of the lease will be made available to seriously interested parties after a formal viewing. Rateable value £41,600.
Leasehold Offers in the region of £29,500.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Cornerstone Business Agents, EH26 on +44 131 268 8358 * (local rate)
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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cornerstone Business Agents, and do not constitute property particulars. Please contact Cornerstone Business Agents for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.