Haig's Bar & Restaurant

Midlothian, Midlothian

Business location

Overview

  • Price: 50000
  • Tenure: Leasehold
  • Business type: Restaurant

Haig’s Bar and Restaurant occupies a prominent trading position in the heart of Penicuik’s town centre.  Formerly The Railway pub, Haig’s has undergone a significant refurbishment by our clients producing arguably one of the best looking bars and restaurants in the Lothians region, outwith Edinburgh city centre.

The business is offered for sale on a brand new lease basis.   A premium of £50,000 is sought with an initial annual rental of £40,000 per annum. A rental deposit may also be required. The lease on offer is free of tie on any alcoholic products and will be on a standard FRI basis.  A draft lease will be circulated to a seriously interested party after a formal offer has been accepted.

The landlords are expecting an experienced tenant who has owned, run or leased a similar type of business before.  Prospective purchasers may be required to exhibit proof of funds and business plan to the landlords.

The business comes complete with a fully fitted, fully compliant commercial kitchen, beer garden, smoking shelter, beer cellar and associated stores.