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Beer Garden
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External Drinking Area
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No Private Accomodation
Property details
Positioned on a busy main road in Edinburgh’s city centre, the pub benefits from high visibility and consistent passing trade. Its proximity to key retail and tourist destinations makes it well placed to attract a mix of customers throughout the day and into the evening.The area over-indexes in a younger, more affluent demographic, alongside strong tourist footfall. This creates an opportunity to appeal to a broad mix of customers including residents, city workers, After-Work Socialisers and visitors looking for a premium yet welcoming pub experience.
Located on Elm Row in Edinburgh city centre, the pub sits just a five-minute walk from St James Quarter and the start of Princes Street, placing it in a busy and vibrant hospitality area with strong footfall from shoppers, workers and tourists. There are 11,261 adults within a 10-minute walk and over 53,000 within 20 minutes, offering a strong base of potential customers. The area features a variety of competing venues, but there is clear opportunity for a standout contemporary offer to capture additional trade.
The refurbishment will cover both the interior and exterior of the pub. The transformation will refresh the external look to retain its iconic presence while signalling change, alongside a full internal redecoration to create a more premium, contemporary feel. The kitchen will also be upgraded to support a strong food offer, helping to broaden the pub’s appeal and drive additional trade.
The pub's trading area and facilities post refurbishment will be:
- Main trading area with bar
- Catering kitchen
- Internal covers for approximately 83 guests (circa 50 dining and 33 drinking)
- External seating for circa 70 guests
- HEINEKEN SmartDispense system
The pub has no private accommodation.
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Catering Kitchen
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Live Sports
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Experienced Operator
Trading style
Pearce’s Bar brings people together over premium food and drinks and live events in stylish surroundings where energy builds from day to night. A full refurbishment of this pub is planned to help you drive trade. Applicants should be aware that all refurbishments are subject to final board approval which will be determined as part of the leasing process.
This is your opportunity to run a newly refurbished, ready-made pub with no utilities, stock, rent, or maintenance costs. The landlords also supply ready-to-go till, stock ordering, and health & safety systems. You can rest assured knowing that we do the details, so you can Think Bigger.
If you’ve got the talent to manage a team, deliver great service, and know your local community, this is your chance to build a successful pub business.
The food currently makes up 20.9% of the pub’s total sales. Trade is driven through a number of ways including food occasions, drinks-led visits, live events and strong passing footfall from the city centre location.
Attitude is more valuable than experience. If you’ve got the following, the landlords would love to hear from you.
- If you’re enthusiastic and you have what it takes to deliver great retail standards.
- You love hospitality and are great with customers.
- Bring creativity to build a year-round calendar of events that keeps customers coming back.
- Hands-on experience with kitchen management and food in a retail environment
- You know how to create a vibrant, contemporary pub that stands out from the crowd to keep trade flowing all week.
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 / 0080222101
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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 that Energy Performance Certificates are available from the landlords.
Annual:
Estimated Annual Turnover £729,000
Ingoing Costs £4,000
Estimated On Target Earnings £61,500
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.