Restaurant/cafe for sale in Morrison Street, Edinburgh EH3

Guide price £50,000 (£54.7/sq. ft)
Restaurant/cafe for sale 914 sq. ft*
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Property description

Operated by our clients since May 2017, Ishka is well positioned for all day trading and quietly took over the reins of brasserie Les Amis who had been operating for 2 years prior.

Currently an appealing Mediterranean offering with 2 and 3 course lunches for £15/£19.50 respectively and evening meals offering seafood, vegetarian dishes, game and meat dishes. Added to this, cocktails and champagne it remains a popular establishment with a positive social media presence.

Moving forward this will appeal in particular to an independent chef/operator who wants to work in a contemporary environment and can trade straight away without the need for any significant capital expenditure. It would lend itself in particular to a bar/ charcuterie style operation and its trading location is now established with a strong customer base.

The business has a total seating capacity of up to 60 covers. The trading area (in total circa 85 sq. M/914 sq. Ft.) is in effect split in two with a prominent cocktail bar (marbled topped) and seating with drink display and servery occupying a third of the trading space and remainder set for dining.

The business benefits from a full premises licence 7 day a week to 1:00 am.

The business operates on the residue of a lease which runs from May 2017 to 2027. We understand the current landlord is flexible in terms of a lease extension to any approved new tenant and passing rent is £32,000 per annum.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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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.

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