Pizza Hut lease for sale in prime Stockbridge location Edinburgh

Description

Pizza Hut lease for sale in a prominent trading location in Stockbridge, Edinburgh.The property occupies a highly visible corner position with main road frontage and sits within a busy thoroughfare in the Stockbridge shopping area. The location serves a well-established and affluent residential catchment, including Edinburgh’s New Town, Stockbridge and Comely Bank, while also benefiting from regular passing trade.The unit is positioned on the north side of Raeburn Place, at its junction with Portgower Place, forming part of a key arterial route connecting the city centre to Queensferry Road (A90). The surrounding area is popular with independent and speciality operators, including S&B Brunch Bar, The Scran and Scallie, and Twelve Triangles.The premises comprise a ground floor hot food takeaway within a mixed-use masonry building arranged over four floors. The unit benefits from return frontage and is fitted to a high corporate standard throughout.Internally, the property includes a customer waiting area and a professionally equipped commercial kitchen featuring extract ventilation, a conveyor gas-fired pizza oven, pizza preparation stations, stainless steel sink units and extensive stainless steel fittings. The layout also includes storage areas, two walk-in chill/freezer rooms, an office and staff welfare facilities.The accommodation extends to approximately 790 sq ft (73.38 sq m) net internal area.Tenure: Leasehold assignment of the remaining lease term expiring July 2028Current rent: £37,500 per annumPremium: Offers over £120,000 for the leasehold interest including fixtures and fittingsRateable value: £24,000EPC rating: G (121)VAT: ApplicableThis represents a strong turnkey opportunity in a prime Stockbridge location with established branding, high visibility and significant passing trade.