 | Popular Restaurant in Desirable Edinburgh Location For Sale Edinburgh, Lothian, United Kingdom Advert ref: G674 FINANCIAL DETAILS | Asking price: £48,000 Sales revenue: £200,000 Net profit: Undisclosed Fixtures value: Undisclosed Stock value: Undisclosed |
BUSINESS DESCRIPTION | The Business Partnership Scotland is delighted to offer for sale the following business....
The present owner purchased the property in 2005 and has completely refurbished the premises to a very high standard. All kitchen equipment, fixtures and fittings have been replaced.
The restaurant has up to 40 covers and has a lunchtime and evening menu. There are set meal options at lunchtime with a full menu in the evening including hot and cold starters, pasta, pizza, fish dishes, fajitas, chicken dishes, steaks and a range of Mexican dishes.
There is a large 6 room area under the restaurant that appears to have previously been used as residential accommodation. The present owner has looked at changing the area back to residential or using it to expand the restaurant. This gives the business excellent potential or offers a development opportunity
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GENERAL INFORMATION | Years established: 3 years
Employees: The business is run by the owner and 4 full time employees.
Trading hours: 12pm - 2pm and 2pm - 9.30pm Sunday - Thursday, 12pm - 2pm and 5pm -10pm Friday - Saturday
Property: Leasehold
Lease terms
New 15 year lease available. Rent £25,000 Ratable value £5,800. Freehold also available.
Location
The business is located on Portobello High Street on the B6145 with the High Street, Marlborough Street, Bellfield Lane and Bath Street. Portobello is a very popular area of Edinburgh with many local independent shops.
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The Business Partnership - Scotland - Central & West | | | |
