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White Horse Oyster and Seafood Bar, Canongate, Edinburgh, EH8 8AA
not specified / Retail / General Retail
Withdrawn - Last updated: 27 July 2023
The leased subjects comprise the ground and basement of a traditional 5-storey stone tenement building. The upper levels are all under separate ownership. The Ground floor is accessed via a single timber door, and benefits from a partially glazed frontage.
The property is Leased to Gate 266 Limited on a 25 year full repairing and insuring lease with personal guarantees, which commenced on 31 March 2017. The Tenant is tied to the Landlord's nominated suppliers for all drinks except wines, spirits and minerals. The passing rent is £67,338 per annum with a 5 year rent review pattern. The rent review in March 22 is still being negotiated. We understand the Landlord receives around £70,000 per annum from the site. The Tenant may accept a new Free of Tie Rent should the incoming Landlord wish to negotiate this change.
( Agency Pilot Software ref: 51732 )
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