17 & 17a Queensferry Street

Prime Edinburgh West End Restaurant Investment For Sale.

17 & 17a Queensferry Street occupies a prominent position in Edinburgh’s West End, close to the junction of the City’s busiest arterial routes of Queensferry Street, Shandwick Place, Lothian Road and Princes Street with bus and tram stops all nearby. 

The subject property comprises a restaurant premises over basement, ground and first floors in a four storey stone built Grade B Listed property. The restaurant provides a total of 65 covers over ground and first floors with an attractive bar at ground floor, a kitchen and preparation area on first floor together with customer ladies and gentlemen WC`s. The basement provides further storage, staff areas and staff WC facilities.

Historically the property has been home to a number of well-known and successful French restaurants including Petit Paris, Pierre Victoire and L’Escargot Bleu before being operated by the highly acclaimed Dulse, created by award winning Scottish chef Dean Banks

Available Accommodation:

Floor Size
First 1,012 sq ft / 94.01 sq m
Ground 694 sq ft / 64.49 sq m
Basement 701 sq ft / 65.12 sq m
Total 2,407 sq ft / 223.62 sq m

Specification

  • For Sale: Well established city centre restaurant minutes from Edinburgh’s West End and Princes Street.
  • Strong track record of trading successfully as a local restaurant over the last 30 years.
  • Prominent location on Queensferry Street.
  • Let to Haar Restaurant (Edinburgh) Ltd on FRI terms expiring on 31st March 2036 at a rent of £62,000 per annum.
  • Offers over £800,000.
  • Attractive net initial yield of 7.36%.
Get Brochure Email Stephen
Stephen Kay

+44 (0)7971 809226

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Email James
James Metcalfe

+44 (0)7786 623282

James Metcalfe