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SAVE 25% ON RENT

St Leonards Bar & Kitchen

St Leonards Street, Edinburgh, Edinburgh, EH8 9QY

Ingoing Cost: £9,005
Annual Rent: £18,069

Features
Trading style
Key financials

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External Drinking Area

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No Private Accomodation

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Restaurant/Dining

Property details

The High Dive, now known as St Leonards Bar & Kitchen, is located in the densely populated Southside of Edinburgh City Centre. A stone's throw from the Commonwealth Pool, the area is popular with students and is surrounded by many residential properties. The pub is also just off the main road into Edinburgh South, so it can be a great stopping off place for people on the way home from work. The site was recently refurbished to a very high standard.

Currently, the pub has a strong pizza offer with 'theatre kitchen' and is centred around the bar that runs nearly the full length of the pub. There is a mix of booth, loose, and bar stool seating similar to an American diner. There is a small prep area downstairs, and the site is in 'walk-in' condition.

There is no private accommodation on site.

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Catering Kitchen

Trading style

The High Dive, now St Leonards Bar & Kitchen, was once a traditional Victorian tenement pub and has been refurbished to retain some of that character whilst also being ultra-modern.

Attitude is more valuable than experience. If you’ve got the following, the landlords would love to hear from you.

Understanding of the local community
You know what it takes to build a successful business
You love hospitality and are great with 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

Reference Number: 8M9JTW / 0080411101
Agreement Type: Tenancy

Min Ingoing Cost: £9,005.00
Annual Rent: £18,069.00

The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.

Please be aware that energy performance certificates are available from the landlord.

25% rent reduction will be applied to the first 12 months following completion of a fully signed lease agreement (5 years England & Wales, 3 years Scotland) on selected properties only. No cash alternative is payable.

1st Year Rent Offer: £13,552

Annual Rent £18,069

Estimated Annual Turnover £299,318

Deposit £4,517

Estimated Fixtures & Fittings Value £20,000

Estimated Stock Valuation £4,000

Estimated Working Capital £3,500

Estimated Total Ingoing Costs £32,017

Estimated Minimum Ingoing Costs £9,005

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.

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