Guide price
£57,000
(£57,000.00/sq. ft)
Pub/bar for saleLeith Walk, Edinburgh EH6
1 sq. ft
Business
About this property
Superb and immaculately presented bar/ restaurant opportunity. Outstanding trading location on Leith Walk, close to Balfour Street tram stop. Highly visible site. Well-presented business. Attractive Bar area & separate lounge area (60/70 covers). Very valuable free of tie lease. Current rent £55,000. Rateable Value £27,200. Class 3/Sui Generis consent (hot food). Commercial kitchen and service areas.
Leasehold Guide price £57,000.
Satyr occupies a prominent trading location on Leith Walk, close to Balfour Street and the “foot of the walk”. Leith Walk is the main arterial route leading from the Leith Port area of Edinburgh to Edinburgh city centre.
The subjects are approximately one mile south of the city centre and the east end of Princes Street, situated close to Easter Road, Pilrig and the Great Junction Street area of Leith.
With the arrival of the tram network to Leith and Newhaven, Leith Walk has benefitted from the enhanced communication links to the city centre and beyond. Leith is now fully connected to the city centre and the airport with a congestion busting and regular tram service. The Balfour Steet tram stop is a very short 20 metre walk from the front door of the premises.
Leith Walk has undergone major transformation in the last few years with significant building of student housing, the conversion of the former derelict property at Elm Row into a Marriot Courtyard Hotel as well as the substantial development at the nearby St. James Quarter.
The availability of Satyr on Leith Walk, Edinburgh represents a superb opportunity to acquire a very individual and stylish bar and restaurant with obvious trading potential. It is thought the business would be an ideal pub to be purchased by a family/ partnership team or small/medium sized pub company.
Additionally, the extension of the tram network has helped secure this part of Edinburgh as one of the most accessible and desirable locations for licensed businesses. There is considerable scope for new owners to develop the business and enhance the food trade. The opportunity is free of any alcohol tie.
The kitchen and premises operate with class 3 sui generis hot food consent. For full class 3 consent the extraction system in the kitchen would need to be extended.
Leasehold Guide price £57,000.
Satyr occupies a prominent trading location on Leith Walk, close to Balfour Street and the “foot of the walk”. Leith Walk is the main arterial route leading from the Leith Port area of Edinburgh to Edinburgh city centre.
The subjects are approximately one mile south of the city centre and the east end of Princes Street, situated close to Easter Road, Pilrig and the Great Junction Street area of Leith.
With the arrival of the tram network to Leith and Newhaven, Leith Walk has benefitted from the enhanced communication links to the city centre and beyond. Leith is now fully connected to the city centre and the airport with a congestion busting and regular tram service. The Balfour Steet tram stop is a very short 20 metre walk from the front door of the premises.
Leith Walk has undergone major transformation in the last few years with significant building of student housing, the conversion of the former derelict property at Elm Row into a Marriot Courtyard Hotel as well as the substantial development at the nearby St. James Quarter.
The availability of Satyr on Leith Walk, Edinburgh represents a superb opportunity to acquire a very individual and stylish bar and restaurant with obvious trading potential. It is thought the business would be an ideal pub to be purchased by a family/ partnership team or small/medium sized pub company.
Additionally, the extension of the tram network has helped secure this part of Edinburgh as one of the most accessible and desirable locations for licensed businesses. There is considerable scope for new owners to develop the business and enhance the food trade. The opportunity is free of any alcohol tie.
The kitchen and premises operate with class 3 sui generis hot food consent. For full class 3 consent the extraction system in the kitchen would need to be extended.
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