A new £15,000 leasehold for a bar/restaurant unit at 30-34 Fountain Place, Loanhead, Midlothian, has been advertised by Cornerstone business agents.
The unit is situated in the Midlothian town of Loanhead and sits on the corner of Fountain Place and Edgefield Road.
The new FRI free of tie lease is advertised for offers of £15,000 or over and the annual rent is understood to be advertised at £20,000.
It is understood that the premises operated under the EH Twenty bar and restaurant name before the business closed.
The business agents state that the unit is ideal for a variety of cuisines and is in great condition with fixtures and fittings in place.
On their website, Cornerstone said: “This bar/restaurant occupies a highly visible trading location in the Midlothian town of Loanhead. Sitting on the corner of Fountain Place and Edgefield Road, it is on a busy main street leading into the centre of the town.
“Loanhead lies close to the Edinburgh city by-pass and approximately 5 miles from Edinburgh city centre, it is also situated close to the towns of Bonnyrigg, Dalkeith, Penicuik and Lasswade. The business is also in close proximity to expanding Straiton Retail Park as well as offering easy access onto the city by-pass and other routes.
“Loanhead and the surrounding area continues to benefit from increased house building as Edinburgh and its nearby towns continue to expand.
“An excellent opportunity exists for an enthusiastic operator to acquire a well established restaurant/bar offered in turn-key condition. The opportunity is offered free of any trade tie.
“The property is offered on a new FRI lease, the length of which is negotiable. A rental of £20,000 is sought per annum.”
For anyone interested in enquiring about the property please visit Cornerstone's website or please contact David Higgins at: david@cornerstoneagents.co.uk
