Achi news desk-
The Bar 13 property is licensed seven days from 9am to 1am and has “huge potential for expansion.”
The business ceased trading last month.
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“On entering customers are led to an open plan bar area which comfortably seats over 80,” says Cornerstone.
“There are many nooks and crannies within the property which give it a very unusual and interesting design.
“The bar is in the middle of the building with access to the galley kitchen behind. Our clients have spent generously to create an attractive, well-presented modern bar/restaurant that would suit a number of different styles and cuisines.”
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The agent added: “Our clients have also invested heavily in ‘invisible’ changes to properties including wiring, electricity, property compliance, flooring and the general condition of the property.
“Prospective buyers will inherit a compliant and well looked after business. The property also benefits from substantial external storage and a cellar. The beer cellar also houses the latest Heineken Smart Dispense system.”
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Cornerstone also said: “The availability of this bar and restaurant on Melville Place presents an enthusiastic buyer with a fantastic opportunity to acquire a high profile bar and restaurant in the heart of Edinburgh’s West End.”
The property is available on a leasehold basis, with a premium of £35,000. This will be the assignment of the current 10 year lease signed in 2021. The current rent is £36,000. The lease is free of trade association.
