Warning - This property listing has now expired.

Any changes made to the content of this listing WILL NOT BE SAVED. However, you can still change the property status (i.e. available/sold/let etc).

To renew this property or for further assistance please call 01767 313380 or email renewals@novaloca.com.

209 - 213 High Street, Edinburgh, UK, Edinburgh, EH1 1PE

not specified / Leisure / General Leisure

For Sale - £925,000.00

Available - Last updated: 22 November 2019

The subjects compromise a single frontage restaurant unit extending over the basement level and upper levels of a traditional stone built tenement building. Internally, the lower ground floor provides a fully fitted Class 3 restaurant & bar, with Kitchen and toilet facilities to the rear. The upper level also compromise a fully fitted restaurant unit, with WC & storage facilities. Furthermore, the upper floors offer a total of 578 sq ft of storage/staff space. The property is let to Erdol Hospitality Restaurant Ltd (trading as Bubba Q Restaurant) on a Full Repairing and Insuring (FRI) lease. The lease commenced in May 2016 and expires in May 2031. The rent is passing off £50,000 per annum and will be reviewed in May 2021/2026. The property is let to Erdol Hospitality Ltd trading as Bubba Q’s. Bubba Q is an American BBQ style restaurant and bar offering some of the finest smoked, marinated, slow-cooked and grilled meats in Scotland. Since opening in 2016 the restaurant has quickly earned a reputation for excellence drawing in regular guests, as well as, tourists

Location

The subjects are excellently situated within the very heart of Edinburgh Old Town – a bustling historical heritage centre containing many of Edinburgh’s main tourist attractions, bars and restaurants.

Terms

We understand the property has been elected for VAT. It is anticipated the transaction could be treated by way of Transfer of Going Concern (TOGC).

Property Quote Price(s)

DescriptionSale typeGuide pricePrice type
  For Sale Freehold £925,000.00 NA

Email me updates about similar new properties


Show similar properties

Contact agents

Murdo McAndrew

Graham + Sibbald

0131 610 0734



Thank you for your enquiry

The agent for this property will get back to you as soon as possible.

Would you like to view similar properties now?

Many thanks, your enquiry has been sent to the agent

In response to the boxes you ticked, we'd like to send you emails about new & updated properties based on the following (please amend as required):


Please note, NovaLoca will only contact you about commercial property & you can unsubscribe at any time. Your information will not be given to third parties without your permission. For more information please refer to our privacy policy.