Property photos
Just added
Business
Guide price
£79,000
(£7,339.34/sq. ft)
Restaurant for sale
Morrison Street, Edinburgh EH3From 11 - 1,733 sq. ft
Local area information
Property location
Nearby amenities
- Tollcross Primary School 0.2 miles
- St Thomas Of Aquin's High School 0.3 miles
- Haymarket 0.3 miles
- Edinburgh 0.9 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Edinburgh to find out more about the local area.
Features and description
Attractive and fully refurbished business. Ideal for hands on ownership. Would suit a variety of international cuisines and trading styles. Great trading location on Morrison Street. Opposite the eicc as well as being amid the financial/office district and numerous hotels. Immaculate unit. To be sold on a debranded basis. 161.08 sq. Metres. Full premises licence and class 3 consent. 40 Covers. Current rent £32,000 per annum. Rateable value £27,700. Well-presented premises with full commercial kitchen.
Leasehold Guide price £79,000 + stock at valuation.
The business is positioned on the South side of Morrison Street directly opposite the entrance to the eicc. Immersed in amongst a large business district circled by Festival Square to the North, Port Hamilton to the East and the Exchange to the South.
This is an excellent trading location with the business surrounded by a real mix of offices, commercial and retail space, student housing, hotel as well being close to Haymarket train station.
Morrison Street connects Lothian Road and the financial services district of Edinburgh to Haymarket, this makes Morrison Street one of the busiest streets in Edinburgh, with footfall and custom 7 days a week but with exceptional high daily footfall during Monday to Friday.
Pinciukas has been in our clients ownership since 2023. Our clients have worked hard to successfully establish Scotlands first Lithuanian restaurant. In terms of critical success, the business is exceptionally well regarded with superb ratings on both Google and Tripadvisor.
The highly visible trading location as well as the appealing central location should appeal to a variety of operators and cuisine styles. Prospective purchasers will find an adaptable space and with minimal capital expense, would lends itself well to a variety of trading alternatives.
The premises are impressively equipped, with the kitchen offering a spacious and professional environment to suit dedicated caterers.
Our clients choose to operate on a restricted basis, operating the unit for only 38 hours per week. Our clients operate profitably on these truncated hours, however new owners will immediately recognise that there is considerably more trading potential with this business, notably a lunch and even a breakfast offering. The premises are licensed fully to 1am.
The premises benefits from a premises licence as well as full class 3 cooking consent.
Our client wishes to retain the name of the business and as a consequence the site is offered for sale on a debranded basis.
Leasehold Guide price £79,000 + stock at valuation.
The business is positioned on the South side of Morrison Street directly opposite the entrance to the eicc. Immersed in amongst a large business district circled by Festival Square to the North, Port Hamilton to the East and the Exchange to the South.
This is an excellent trading location with the business surrounded by a real mix of offices, commercial and retail space, student housing, hotel as well being close to Haymarket train station.
Morrison Street connects Lothian Road and the financial services district of Edinburgh to Haymarket, this makes Morrison Street one of the busiest streets in Edinburgh, with footfall and custom 7 days a week but with exceptional high daily footfall during Monday to Friday.
Pinciukas has been in our clients ownership since 2023. Our clients have worked hard to successfully establish Scotlands first Lithuanian restaurant. In terms of critical success, the business is exceptionally well regarded with superb ratings on both Google and Tripadvisor.
The highly visible trading location as well as the appealing central location should appeal to a variety of operators and cuisine styles. Prospective purchasers will find an adaptable space and with minimal capital expense, would lends itself well to a variety of trading alternatives.
The premises are impressively equipped, with the kitchen offering a spacious and professional environment to suit dedicated caterers.
Our clients choose to operate on a restricted basis, operating the unit for only 38 hours per week. Our clients operate profitably on these truncated hours, however new owners will immediately recognise that there is considerably more trading potential with this business, notably a lunch and even a breakfast offering. The premises are licensed fully to 1am.
The premises benefits from a premises licence as well as full class 3 cooking consent.
Our client wishes to retain the name of the business and as a consequence the site is offered for sale on a debranded basis.
More information
Listed by
Cornerstone Business Agents
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