Leisure/hospitality for sale in High Street, Penicuik, Midlothian EH26

Guide price £50,000 (£20/sq. ft)
Leisure/hospitality for sale 2,500 sq. ft*
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Property description

Haigs Bar and Restaurant occupies a prominent trading position in the heart of Penicuiks town centre. Formerly The Railway pub, Haigs has undergone a significant refurbishment by our clients producing arguably one of the best looking bars and restaurants in the Lothians region, outwith Edinburgh city centre.

The business is offered for sale on a brand new lease basis. A premium of £50,000 is sought with an initial annual rental of £40,000 per annum. A rental deposit may also be required. The lease on offer is free of tie on any alcoholic products and will be on a standard Fri basis. A draft lease will be circulated to a seriously interested party after a formal offer has been accepted.

The landlords are expecting an experienced tenant who has owned, run or leased a similar type of business before. Prospective purchasers may be required to exhibit proof of funds and business plan to the landlords.

The business comes complete with a fully fitted, fully compliant commercial kitchen, beer garden, smoking shelter, beer cellar and associated stores.

Truly an outstanding opportunity.

Freehold sale may be considered.

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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