Guide price
£79,000
(£79,000.00/sq. ft)
Restaurant for saleElm Row, Edinburgh EH7
1 sq. ft
Just added
Business
About this property
A well-presented restaurant opportunity. Deceptively sized premises. Arranged over ground floor and basement. 38 Covers. High profile trading location on Leith Walk. Sought after locale. Class 3 consent. Gia 80.40 sq.m. 12 years left on current lease. Unlicensed byob. Attractive rent of £18,000 pa. Rates exempt. Would suit a variety of different styles/cuisines. Huge potential for new owners.
Premium £79,000.
Pera occupies a very prominent trading position on Elm Row, Leith Walk. Leith Walk is one of the most vibrant, colourful and eclectic trading locations in central Edinburgh connecting the city centre to Leith and Edinburghs waterfront.
Leith Walk has undergone significant redevelopment over the last two to three years with the completion of many developments and projects which have enhanced accessibility as well as increasing the popularity and population of the immediate area. Chief amongst these developments has been the arrival of the tram network to the area. This has increased accessibility of Leith to the city and increased footfall and inward investment into Leith.
Additionally, the completion of the St James Quarter at the top of Leith Walk has realigned Edinburghs city centre with the balance shifting to focus on the east end of the city centre. There have also been significant residential and retail developments up and down Leith Walk which continue to enhance the area.
The transformation of the Leith Walk area has gone “hand in hand” with the success of premises like Pera. Leith Walk is very much seen as an up-and-coming area of the city centre already attracting entrepreneurial owners, companies and individuals.
Pera has operated as a popular Turkish BBQ and Meze bar for the last 12 years. The site benefits from a superb prime trading location on Elm Row towards the city centre end of Leith Walk.
Internally the site is compact, yet deceptively spacious allowing 38 covers to be spread over ground floor and basement. The premises would also benefit and suit a wide variety of different international cuisines and trading styles.
The business premises benefits from an attractive level of rent for a site this close to the city centre. The subjects are also rates exempt.
The premises (through our clients choosing) are only open 32 hours per week. Tuesday, Wednesday, Thursday & Sunday 5pm -10pm. Friday & Saturday 5pm -11pm. Closed Monday. There is obvious potential for new owners to open more extended hours.
The business trades as a byob and does not operate with a premises licence. We are advised that the business trades with class 3 consent.
Premium £79,000.
Pera occupies a very prominent trading position on Elm Row, Leith Walk. Leith Walk is one of the most vibrant, colourful and eclectic trading locations in central Edinburgh connecting the city centre to Leith and Edinburghs waterfront.
Leith Walk has undergone significant redevelopment over the last two to three years with the completion of many developments and projects which have enhanced accessibility as well as increasing the popularity and population of the immediate area. Chief amongst these developments has been the arrival of the tram network to the area. This has increased accessibility of Leith to the city and increased footfall and inward investment into Leith.
Additionally, the completion of the St James Quarter at the top of Leith Walk has realigned Edinburghs city centre with the balance shifting to focus on the east end of the city centre. There have also been significant residential and retail developments up and down Leith Walk which continue to enhance the area.
The transformation of the Leith Walk area has gone “hand in hand” with the success of premises like Pera. Leith Walk is very much seen as an up-and-coming area of the city centre already attracting entrepreneurial owners, companies and individuals.
Pera has operated as a popular Turkish BBQ and Meze bar for the last 12 years. The site benefits from a superb prime trading location on Elm Row towards the city centre end of Leith Walk.
Internally the site is compact, yet deceptively spacious allowing 38 covers to be spread over ground floor and basement. The premises would also benefit and suit a wide variety of different international cuisines and trading styles.
The business premises benefits from an attractive level of rent for a site this close to the city centre. The subjects are also rates exempt.
The premises (through our clients choosing) are only open 32 hours per week. Tuesday, Wednesday, Thursday & Sunday 5pm -10pm. Friday & Saturday 5pm -11pm. Closed Monday. There is obvious potential for new owners to open more extended hours.
The business trades as a byob and does not operate with a premises licence. We are advised that the business trades with class 3 consent.
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