Thai Laos (ref 1412)
- Price: 55000
- Tenure: Freehold
- Business type: Restaurant
Thai Laos enjoys a very prominent trading location in the Southside of Edinburgh. The premises are located on Causewayside a prominent thoroughfare leading from the Meadows area of Edinburgh towards the southern suburbs of Edinburgh.
Causewayside and the area around the business is a vibrant and eclectic neighbourhood, boasting other restaurants, cafes, small retail shops and as well as antiques shops. The area is also close to Edinburgh University, Student Halls of residences and The Meadows. The Meadows is the green space at the heart of Edinburgh, hugely popular especially in the Summer months.
Others areas and centres located close by include Scottish National Library, Commonwealth Pool as well as both Queens Hall and the Festival Theatre. The residential area close to the restaurant is a mix of popular student accommodation as well as being close to some of the most expensive residential streets in Edinburgh.
Thai Laos Restaurant has traded as a very popular neighbourhood restaurant for the last 6 years under our client’s ownership. The business has been run by our clients as well as the assistance of staff.
The trading space and location allows for the business to be potentially traded in a variety of different concepts and trading styles. Significant potential exists for new owners to enhance the trading hours and offering to put their own stamp in this popular trading location.
Our client has advised the premises licence has lapsed due to Covid. Our client is making early attempts to reapply for this. The business would certainly work on a BYOB basis.
The property and business are offered for sale on a leasehold basis. We are aslo advised the landlord would consider offering a new lease. This would be subject to new tenant covenant as well as rental deposit.