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Beer Garden
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External Drinking Area
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No Private Accomodation
FindMyPub.com
Coastal
Property details
Basils is located in Newhaven, a characterful harbour area of Edinburgh that’s recently benefited from tram extensions and major residential development. The area blends a traditional community feel with modern footfall from commuters and tourists, making it a fantastic location for a revitalised all-around pub. The pub benefits from being one of two pubs found in an area of around 8,461 adults. The local customer base is made up of young, midlife, and mature adults.
The pub’s trading area and facilities post refurbishment will be:
- Main trading area with bar
- 40 internal covers
- 16 external covers
- HEINEKEN SmartDispense®
- Outdoor trading area
The private accommodation consists of 2 bedrooms, a kitchen, a bathroom, a lounge, a toilet, and an office.
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Catering Kitchen
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Live Entertainment
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Experienced Operator
Trading style
Basil's offers a great opportunity for someone who wants to take on a well-backed, newly refurbished pub with plenty of potential.
This refurbishment includes a full internal and external redecoration, refreshed signage and lighting, upgraded furniture, and new bric-a-brac to bring out a premium yet welcoming feel. The offer is designed to suit daytime coffee, casual food, and relaxed drinks, with the potential to appeal to both locals and the area’s growing number of visitors.
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 Basil's will have extensive experience in hospitality businesses. They will have a clear vision for their retail offer, customer service, and team culture, and can create a memorable experience for locals and visitors alike.
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 / 0080407101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£42,759.00
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Annual Rent:
£27,234.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Annual Rent £27,234
Estimated Annual Turnover £446,634
Deposit £6,809
Estimated Fixtures & Fittings Value £28,450
Estimated Stock Valuation £4,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £42,759
Estimated Minimum Ingoing Costs £42,759
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 VA