Edinburgh City Centre Restaurant & Bar with High Potential for Sale

Description

Restaurant for Sale in Edinburgh – Leasehold An attractive and fully refurbished restaurant is available for acquisition on Morrison Street, Edinburgh. The premises are ideal for hands-on ownership and would suit a variety of international cuisines and trading styles. The unit is immaculately presented and is offered for sale on a debranded basis. Key Features: * Size: 161.08 sq. metres * Full premises licence and Class 3 consent * Seating for 40 covers * Current rent: £32,000 per annum * Rateable value: £27,700 * Fully equipped commercial kitchen * Leasehold guide price: £55,000 (stock at valuation) Location: The restaurant is positioned on the south side of Morrison Street, directly opposite the entrance to the EICC, within Edinburgh’s financial and office district, and close to numerous hotels. Surrounded by offices, retail, student housing, and transport links including Haymarket train station, Morrison Street enjoys high footfall seven days a week, particularly Monday to Friday. The area provides excellent trading potential for lunch, breakfast, and evening service. Business Overview: Pinciukas has been under current ownership since 2023 and is Scotland’s first Lithuanian restaurant. The business is highly regarded, with strong online ratings on Google and Tripadvisor. The current owners operate on a restricted 38-hour week but trade profitably. New owners will recognise significant potential for increased trading hours and additional revenue streams. The premises are fully equipped with a professional and spacious kitchen, making it suitable for dedicated caterers and a variety of cuisine styles. The business is offered on a debranded basis, as the current owners will retain the name. This represents an excellent opportunity to acquire a well-located, fully equipped restaurant in Edinburgh’s central trading district.