Lease a 30-Seat Licensed Restaurant in Edinburgh's Lively Leith District
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Date Submitted:
13/03/24
- Advert ID
608185
- Reference
Duke Street / Rightbiz
- Call Agent:
- Leasehold: £20,000
- Rent: £25,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- New Lease
- Prime Location
- Town Centre location
- Established Business
Business Details
Licensed 30 Cover Restaurant in Vibrant Area of Edinburgh City Centre To Let
- Has Operated as a Restaurant for 26 years
- Situated in Sought After & Lively District of Leith
- Brand New Lease Offered – terms negotiable
- NIA: 133.28 Sq m / 1,434 Sq Ft
- Premium Offers Over £20,000
Graham Sibbald are delighted to bring to market this opportunity to lease a licensed 30 cover restaurant in the vibrant area of Leith, in Edinburgh City Centre. Leith is a well sought after location buzzing with trade, continuously growing in popularity with customers and residents. Trade remains strong in Leith with plenty of bars and restaurants to invite new custom and to keep returning custom. The restaurant premises are arranged over ground floor and basement as part of a larger 4-storey traditional stone-built tenement property surmounted by a pitch and slate roof. The restaurant has a fantastic double frontage allowing natural light to pour in through the 3 large display windows. The Landlord has owned and operated the restaurant for 26 years and have now, for personal reasons, decided to seek a tenant to continue to trade inside the property. The availability of the premises offers a new tenant a fantastic opportunity to operate an established, fully fitted, licensed restaurant in a bustling district of Edinburgh.
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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