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Beer Garden
FindMyPub.com
External Drinking Area
FindMyPub.com
No Private Accomodation
FindMyPub.com
Restaurant/Dining
Property details
Situated in the heart of Edinburgh's historic city centre, right on the Royal Mile, The Abbey offers a unique opportunity. Its strategic location opposite the Scottish Parliament and near Holyrood Palace draws in over 500,000 annual visitors, with Edinburgh Waverley Station a short walk away. Within a 10-minute radius, nearly 8,000 residents reside and within a 20-minutes, over 40,000 potential customers can be reached. Despite the competition, The Abbey stands out favorably, benefiting from proximity to key landmarks, residential areas, and student hubs.
The pub's trading area and facilities post refurbishment will be the main trading area with a bar, a separate bookable space perfect for private parties and events, 83 internal covers, and a catering kitchen.
Externally there is a seating area with 12 covers.
There is no private accommodation at this site.
FindMyPub.com
Cask Ale
FindMyPub.com
Catering Kitchen
FindMyPub.com
Live Sports
Trading style
The Abbey will be fully refurbished, creating a more premium feel whilst retaining its traditional character. A new signage scheme will improve the pub's kerb appeal, driving passing trade.
This is a drinks-led business but food will play an important part of the mix accounting for around 20% of the take.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the Abbey will have extensive experience in high-street hospitality businesses. They will have a clear vision for their marketing strategy, and food & drinks menu and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.
Key financials
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Reference Number:
8M9JTW / 0080142101
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Agreement Type:
Operator Agreement
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Min Ingoing Cost:
£4,000.00
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Annual Rent:
NO RENT PAYABLE
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Ingoing Costs £4,000
Estimated Annual Turnover £585,519
Estimated On Target Earnings £47,624
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.