£39,000

Pub/bar for sale

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Just added
Business

Guide price

£39,000

(£39,000.00/sq. ft)

Pub/bar for sale

Broughton Street, Edinburgh EH1

1 sq. ft

Local area information

Property location

Nearby amenities

  • St Mary's RC Primary School (Edinburgh) 0.2 miles
  • Drummond Community High School 0.3 miles
  • Edinburgh 0.3 miles
  • Haymarket 1.4 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

A well-presented bar and restaurant premises. Free of tie lease. High profile trading location on Broughton Street. Close to St James Quarter. Eclectic locale and vibrant trading location. Huge potential for new owners. 62 Covers (licence capacity 120) & 12 external covers. Class 3 consent and Premises licence for On and Off sales. Current rent £72,500 + VAT. Trades on limited hours with no food offering. Huge potential for new owners to push food.

Premium £39,000.

Ruma occupies a prime licensed pitch on the east side of Broughton Street, offering an excellent trading location in a thriving area popular with eclectic bars, restaurants, coffee shops and retail outlets.

The immediate surrounding area has undoubtedly benefitted from the opening of the nearby St James Quarter. This development and the immediate surrounding area have now become the new go-to destination in what can be regarded as Edinburghs new city centre.

Broughton Street also benefits from its close proximity to the tram network, Edinburgh Playhouse, Botanic Gardens as well as the Leith area of the city.

Arguably, Ruma trades in one of the best licensed trading pitches in central Edinburgh. Our clients have owned and operated the business since early 2024 but a change in personal circumstances now allows a great opportunity for new, enthusiastic and experienced operators.

Our clients have traded on a restricted basis offering a niche specialist rum and cocktail offering. At present no food is offered and it is thought that an enhanced wet sales trade allied with a well delivered food option will unlock the huge potential this site shows.

The availability of this opportunity should be of significant interest to those looking for a prime city centre location.

New owners should certainly focus on increasing opening hours (our clients only open 5 days per week and trade from 4pm every day except for Saturday. Establishing a food operation. Expanding the wet sales offering and the rare free of trade tie opportunity.

We are advised that cooking is by electric only.

The subjects are offered for sale by way of lease assignation. A new 5-year lease was signed in 2024. This lease has an option to extend for an additional 5 years.

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  1. Zoopla
  2. Commercial for sale
  3. Edinburgh
  4. Edinburgh
  5. Edinburgh City Centre
  6. New Town
  7. Broughton Street