Property Information
Address:
17 Albert Place, Edinburgh
, EH7 5HN
Price: Property no longer available.
Size: SOA
Primary Category: Leisure
All Categories:
Leisure,
Property Ref/Movehut: MH455207
Property Ref/Agent: Bar Luna - 17 Albert Place, Edinburgh
*Please use the agent ref when calling the agent directly.
Property description
INVESTMENT AGREED
Kitchen to be installed as part of investment
Highly Visible in Heart of Leith Walk
Local residential development in the area
New quality bars opening regularly in the area
Features
Food
Kitchen
Single bar
City centre
Pub Vacancy Brief
Pub Name: Bar Luna
Address & Postcode: 17 Albert Place, Edinburgh, EH7 5HN
Annual Rent: £20,000.00
Buildings insurance: £1,399.01
Deposit £6,000.00
Fixtures & Fittings £20,000.00
Drinks Tie: Beers, Ciders, Ales, Lagers, Stouts, PPS, PPL
Barrelage Discount: £74 Beers and Lagers, £56 Cider & £36 Guinness
Annual Barrelage: 135
Average weekly wet sales (excluding VAT): £5,000.00
Average weekly food sales (excluding VAT): £1,000.00
Average weekly machine income (tenant share, excluding VAT): £50.00
Minimum capital required: £30,000.00
Food Available: Yes
Machine Tie: 50/50 split
Rateable Values: £22,800.00
Rates Payable: £10,738.80
Description
With agreed plans for investment, this site currently known as Bar Luna, provides a fantastic opportunity to open in an area which has seen changes and improvements happening recently,
Leith Walk is a multicultural hub housing shops, bars and cafes tailored to all walks of life, recently there have been a number of high quality and well operated bars opening throughout the walk
catering for the ever growing population of young professionals buying property in the vicinity. With plans to install a kitchen as part of the refurbishment, a complete new look and identity we
are seeking an operator who can develop a business which caters for daytime and evening food whilst delivering a late night drinks offering which will attract both locals and those stopping off on
the way to the city centre. We would be interested in speaking to existing leased operators or Managers who are looking to take the first step to running their own business
;