The Bullfinch (ref 1703)

• Price: 25000
• Tenure: Leasehold
• Business type: Public house

Leith is commonly referred to as Edinburgh’s port and is a vibrant part of Edinburgh that likes to claim “its independence” from the main city. The Bullfinch is located on the corner of Bath Road and Salamander Street, approximately 2.5 miles from Edinburgh city centre. The pub occupies the ground floor of a traditional style Victorian tenement property.

Leith continues to thrive under continued long-term redevelopment that has lasted well over 20 years. In early 2023 Leith significantly benefitted from the extension of the tram network that now connects Leith with the city centre and Edinburgh Airport. Although early days, there is enough evidence to suggest the tram extension has brought more development and visitors to this already fashionable and growing part of the greater Edinburgh area.

The immediate area around the pub has been transformed in recent years with building on new flats, houses and development and this looks set to continue for the foreseeable future.

The pub capacity is regulated at 130, with access from the main bar to a back-room area, leading out to the beer garden. The pub retains many ornate original feature and new tenants will wish to enhance this attractive period detail. There is a compact, yet well-appointed commercial kitchen to the rear of the bar.

This is an excellent opportunity in the heart of a very vibrant as well as up and coming trading location. Our clients are offering long term lease of a public house with an assured and positive long-term future. The opportunity is likely to appeal to those interested and developing a food menu. The lease will be essentially free of tie, but the landlords would require 4 lines (out of 14) still used for their products.

The business is offered for sale on a new lease basis. The landlords will offer a new 10-year FRI lease. There will be an option of an additional 5-year extension. The initial rent will be £25,000 (£24,000 for the pub and £1,000 for the beer garden). The landlords will require a rental deposit.