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Description

This property is offered for lease as a going concern with a last reported turnover of £ 400,000 Assignation on FRI terms Asking Rent: £ 45,000 Premium: £ 110,000.00 Service charge: £110,000 Per Year Last verified 21 July 2008 *Strictly Private & Confidential - staff Unaware* The property is currently held on lease on Full Repairing and Insuring terms expiring until 16th December 2021. The current rent is £45,000 per annum with the next rent review due as at 14th December 2010 and three yearly thereafter.. Offers in excess of £110,000 are invited are invited for the leasehold interest in the property, business, fixtures and fittings. Further details are available upon application to the marketing agents.

Comments
The subjects comprise restaurant premises arranged over the ground and lower ground levels of a four storey and lower ground floor stone built corner tenement building, under a pitched and slated roof. There has been a minor extension to the front of the property with a flat felt covered roof.
Internally the accommodation at ground floor level comprises a suspended timber floor, with plaster and painted walls under a plastered and painted ceiling. This area is fully fitted as a restaurant and all of the finishes are of a very high standard. There is a granite bar/servery at this level with fittings and extraction for Japanese Tepinyaki style cooking. The restaurant has seating for approximately 60-65 covers.
At lower ground floor level there are male and female W.C’s and the main kitchen facilities. The kitchen has full stainless steel appliances and extraction, walk in fridge freezers and dumb waiter facilities.
The subject property is located on the East side of Lothian Road, close to the junction with Bread Street and Morrison Street, within the Tollcross district of Edinburgh. As well as a established retailing location, Lothian road is one of the city’s main arterial roads, linking the West End business district with the South of the City.
Tollcross has seen significant inward investment in recent years, with many national firms relocating their offices to the area. Neighbouring commercial occupiers in close proximity include Bank of Scotland, Starbucks, Odeon Cinemas and Sainsbury’s.

Property Parts
Front Restaurant 439 Sq Feet
Rear Restaurant 389 Sq Feet
Kitchen Area 384 Sq Feet
WC 169 Sq Feet
Storage Area 100 Sq Feet
Total Area 1,481 Sq Feet

Features
Multi-storey Layout
65 Covers

Notice
Unless otherwise indicated, all information displayed is copyright © 2008 Scottish Property Network Limited.  Information provided, including information on any property identified as available for sale, lease or disposal can not be guaranteed accurate and should not be regarded as an offer to sell, lease, or otherwise dispose of that property.