Business Summary

Fully licensed 50 cover restaurant available on a long term lease. The business is located in the center of Leith Walk and has a very high footfall. There are many businesses and offices located nearby and it also a densely populated residential area, popular with families. The business would make an ideal buffet style restaurant.

The large premises are approximately 115 square meters (1235 square feet). There is a large full glass frontage giving the premises excellent lighting. There is a small service area to the front that would make an ideal takeaway counter. A 25 cover seating area lies to the front, with a second separate 25 cover seating area that is ideal for private functions. There is a good sized food preparation area as well as a fully equipped kitchen. A small office area and staff and customer toilets are to the rear.

The business is being offered on a leasehold basis, with a brand new flexible lease available. The rent would be £19,500 per annum. There are currently a small amount of rates payable, although this is currently under review as the rateable value is just over the small business relief threshold. The businesses operates on a full class 3 hot food license.

A premium of £18,000 is being sought for the lease, equipment, fixtures and fittings.

Property Details