Restaurant Premises (1217)

Edinburgh, Edinburgh

Business location

Overview

  • Price: 60000
  • Tenure: Leasehold
  • Business type: Restaurant

These restaurant premises occupy a prominent trading location towards the western end of Morrison Street, close to Haymarket Station in Edinburgh.  

Our clients have operated from these premises for approximately 2 years, firstly as a Japanese restaurant and latterly as a tea bar/Chinese restaurant.  They have reluctantly ceased trading to concentrate on other business interests.  

The premises are fitted out to the highest standard throughout and would be suitable for a number of different opportunities, most likely best suited to a fully operational licensed restaurant. 

Leasehold.   The business is held on a FRI lease which runs until 27th March 2027 with a review in 2023.   Annual rent payable is currently £12,000 + VAT per annum, rising to £13,000 + VAT in March 2020 to March 2023.