HomeBusinessLa Piazza restaurant in west Edinburgh on lease for sale Achi-News

La Piazza restaurant in west Edinburgh on lease for sale Achi-News

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Achi news desk-

The agent said the “well-fitted” restaurant and bar were offered in turnkey condition and offered a tie-free trading opportunity, with 85 – 90 cover on the ground floor, 18 cover in a private dining room on the first floor and an outdoor trading area. in the back.

The Herald: The lease is offered on a zero premium basis, however our clients are looking for an established covenant to take the new lease.  The landlord expects new tenants to rebrand and spend liberally on significant internal CAPEX.  Any new tenants will have demonstrated that they are able to operate the business and provide details of their financial status, in order to grant landlord permission.The lease is offered on a zero premium basis, however our clients are looking for an established covenant to take the new lease. The landlord expects new tenants to rebrand and spend liberally on significant internal CAPEX. Any new tenants will have demonstrated that they are able to operate the business and provide details of their financial status, in order to grant landlord permission. (Image: Cornerstone Business Agents)

“The building is in a prominent trading position in the center of the west end of Edinburgh and in a prominent trading area on the south side of Shandwick Place, yards from the west end tram stop (Princes Street).”

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The agent added: “The west end remains one of Edinburgh’s main office destinations with nearby Melville Street, Charlotte Square and Exchange Crescent a hub for accountants, lawyers and finance houses.

“Shandwick Place is also very close to Lothian Road, Princes Street and the New Johnny Walker Experience – this is a new and very prominent tourist destination in Edinburgh, slated to attract 1.5m annually.”

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Cornerstone also said: “The location offers a great trading ground for new owners with a busy level of visitors seven days a week.

“The main entrance leads into a bright and welcoming restaurant building. The ground floor trading area extends all the way to the back and can easily accommodate 90 covers.”

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He added: “On the first floor of the property there is a private dining room/event space for 18 covers. This space doubles as a function room, private dining facility as well as a corporate meeting space. Externally, there is a small room, licensed.back patio area.

“This is an excellent opportunity to acquire a new long term lease on a very prominent trading area in the heart of the popular west end of Edinburgh. It is strongly felt that the subjects will suit a variety of different trading and cooking styles.”

Cornerstone said the lease was being offered for £85,000 per annum.

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