Go west for slice of the capital | Scottish Licensed Trade News

Scottish Licensed Trade News

Go west for slice of the capital

Posted on by in Property

Leasehold for Edinburgh west end premises on market

The leasehold for a restaurant in the heart of Edinburgh’s west end has come onto the market.

014_010_China Town Edinburgh
Currently trading as the Cantonese cuisine-focused China Town, the Atholl Place outlet is being marketed by commercial agency CDLH as a premises which benefits from a high volume of passing trade.
The venue comprises a ground floor restaurant which can accommodate approximately 70 covers, a basement function restaurant, and a bar with the capacity for around 30 covers; there’s also a general store, wine store and manager’s office.
Kevin Hunter of CDLH said the restaurant is in a “highly sought after” trading location.
“The current owner/operator has fully refurbished the subjects to an impeccable standard and has successfully operated the business for a number of years, developing an excellent reputation,” said Hunter.
“This opportunity is available to the market as the current operator is taking well-deserved retirement after many years of hard work and dedication.
“The premises is suitable to all styles of high quality restaurant operation.”
A premium of offers over £100,000 is sought for the business, including fixtures and fittings; the initial rent is £65,000 per annum, rising to £75,000 per annum by year three.

Share this SLTN article