A “deceptively spacious” pub next to a theatre in a Scottish city has been put on the market.
The pub has a basement bar and function room for 70 as well as the main bar which also has space for 70.
Cornerstone Business Agents said Home Bar in Edinburgh is in a high footfall trading area and is in walk-in condition.
“It enjoys a prominent trading location adjacent to the Kings Theatre and close to the Cameo Cinema as well as the Meadows. The business is located just north of Tollcross and Lothian Road on the southerly outskirts of Bruntsfield.”
Cornerstone also said: “This is a very busy trading location, ideal to capture passing trade as well as serve the large and varied neighbourhood. The area provides a mix of a bustling student population, tourists, young professionals as well as some of the most expensive residential streets in Edinburgh. Home Street offers an excellent visible roadside frontage as well as a high footfall trading location.
“The main bar has capacity for 70. A set of stairs close to the entrance leads to a basement bar and function room. The basement is well used for functions and private parties. The venue is also used as a festival venue. The basement can cater for 70 (50 for seated events) and comes complete with a separate bar and stage.”
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The agent added: “Our clients run a successful bar specialising in cocktails, as well as premium beers and spirits. Entertainment is provided near nightly with a well patronised quiz, open mic as well as live music. The basement bar represents a real area of further potential and exploitation for new owners, our clients have successfully hosted all variety of entertainment including a wedding.
“New owners with a strong interest in food will be able to capitalise on the commercial kitchen, this is an area our clients have identified for increased growth.”
The lease premium is £50,000 and the annual rent is £37,759.
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