New York Steam Packet restaurant(ref 1382)

Central, Edinburgh

Business location

Overview

  • Price: 15000
  • Tenure: Leasehold
  • Business type: Restaurant

The business operates in a highly central location in Edinburgh city centre.  Located in Rose Street Lane North, the business benefits from being in the heart of a busy city centre yet retaining a unique ‘tucked away’ location.  

The premises are a short stroll from both Princes Street and George Street, and literally just round the corner from Rose Street with its eclectic mix of popular bars and restaurants. 

This is an ideal trading location to capture, tourists, shoppers as well as locals.  Rose Street is at the heart of a popular leisure circuit with cafés, bars and restaurants, open from morning to late at night. 

New York Steam Packet has been somewhat of an institution over the last 40 years.  The restaurant has traded very comfortably as popular BYOB premises, popular with locals and tourist alike. 

The business has been run by our clients for the last 14 years.  Laterally, the business owners have been living abroad and the business has been competently run under management.

The business operated with a popular menu, offering burgers, steaks and seafood.   The space would work well for a variety of different offerings and cuisines.

The property has class 3 cooking consent.  The property is unlicensed for serving alcohol.

The business is available on a sub-lease basis.  The current rent is £12,000 per annum.  We are advised a new 10 years sub-lease will be made available.