£365,000
(£67.82/sq. ft)
Retail premises for saleImrie Place, Penicuik EH26
5,382 sq. ft
Business
About this property
An exceptional opportunity to acquire a well-established and highly successful leasehold restaurant with large function suite, prominently located in Midlothian. The business has been fully refurbished to an extremely high standard and enjoys an excellent reputation with outstanding reviews and a strong, loyal customer base.
The restaurant benefits from multiple income streams, including dine-in, takeaway, deliveries, and outside catering, making this a robust and profitable operation.
140 covers restaurant – ideal for buffet or à la carte dining, Large first-floor function room accommodating up to 180 people, Function room includes private bar, stage, and full lighting and sound system, Perfect for weddings, birthdays, anniversaries, children’s parties, corporate events, bands, and DJs, Private car park, Excellent location with strong local trade and customers travelling from further afield due to the restaurant’s reputation
Large, fully fitted commercial kitchen, Walk-in fridge and freezer, Bar area, Office, Staff room, Storeroom, First floor: Large open-plan seating area, stage and entertainment space
New 10-year lease available, Rent: £40,000 per annum, Well-established business with strong repeat custom, Professional website in place, All fixtures, fittings, and commercial kitchen equipment included in the sale, Fully relocatable staff and systems in place for a smooth handover
This is a rare opportunity to acquire a turnkey restaurant and function venue in immaculate condition, offering significant income potential and further scope for expansion. Ideal for an experienced operator or a first-time buyer seeking a prestigious hospitality business.
***please note all viewings and contact must be made through Central Business Sales – do not make A direct approach to the owner of the business***
The restaurant benefits from multiple income streams, including dine-in, takeaway, deliveries, and outside catering, making this a robust and profitable operation.
140 covers restaurant – ideal for buffet or à la carte dining, Large first-floor function room accommodating up to 180 people, Function room includes private bar, stage, and full lighting and sound system, Perfect for weddings, birthdays, anniversaries, children’s parties, corporate events, bands, and DJs, Private car park, Excellent location with strong local trade and customers travelling from further afield due to the restaurant’s reputation
Large, fully fitted commercial kitchen, Walk-in fridge and freezer, Bar area, Office, Staff room, Storeroom, First floor: Large open-plan seating area, stage and entertainment space
New 10-year lease available, Rent: £40,000 per annum, Well-established business with strong repeat custom, Professional website in place, All fixtures, fittings, and commercial kitchen equipment included in the sale, Fully relocatable staff and systems in place for a smooth handover
This is a rare opportunity to acquire a turnkey restaurant and function venue in immaculate condition, offering significant income potential and further scope for expansion. Ideal for an experienced operator or a first-time buyer seeking a prestigious hospitality business.
***please note all viewings and contact must be made through Central Business Sales – do not make A direct approach to the owner of the business***
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