The unit forms the ground and basement of an attractive corner tenement building.
Location
Edinburgh is the capital of Scotland with a population of 500,000 and a catchment of 1.5m people. South Bridge is located just off the Royal Mile. It is the main thoroughfare linking the city centre with south Edinburgh. It is easy walking distance from Princes Street and Waverley Railway Station.
Nearby occupiers include Tesco, Greggs, BRGR, Cafe Nero and Lidl.
Accommodation
GROUND FLOOR (including servery): 1776 sq ft (164.9 sq m)
BASEMENT: 872 sq ft (81.01 sq m)
Terms
PLANNING - The unit currently has a Public License planning consent.
LICENSE - As part of the sale the liquor license will be transferred.
RENT - We estimate the rental value to be £70,000 per year.
PRICE - Price on request.
VAT - We are advised the sale will be subject to VAT being charged. We would expect the sale to be completed as a Transfer of a Going concern (TOGC).
LEGAL COSTS - Each party will be responsible for their own legal costs incurred in the transaction with the Purchaser responsible for Land & Buildings Transaction Tax (LBTT) and Registration Dues.