A RECENTLY renovated bar and restaurant in Edinburgh’s west end has been put up for sale.
Cornerstone Business Agents said its clients had “spent liberally” on The Bar 13, which is located on Melville Street.
It is licensed seven days from 9am to 1am and agents have said there is “huge potential for expansion”.
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The business ceased trading last month and the agents said: “Upon entry patrons are led into an open plan bar area comfortably catering for over 80.
“There are many nooks and crannies within the property that give it a very unusual and interesting layout.
“The bar is to the centre of the premises with access to the galley kitchen behind. Our clients have spent liberally to create an inviting and well-presented modern bar/restaurant that would suit a number of different style and cuisines.”
The agent continued: “Our clients have also invested heavily into ‘unseen’ alterations in property including wiring, electrics, property compliance, flooring and overall condition of the property.
“Prospective buyers will be inheriting a compliant and well looked after business. The property also benefits from substantial outside storage and cellarage.
“The beer cellar also houses the very latest Heineken Smart Dispense System.
“The availability of this bar and restaurant premises on Melville Place provides an excellent opportunity for a motivated purchaser to acquire a high profile bar and restaurant located in the heart of Edinburgh’s west end.”
The property is available on a leasehold basis, with a £35,000 premium.
This will be the assignation of the current 10-year lease signed in 2021 with the current rent set at £36,000 and the lease is free of trade tie.
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