Function Room
No Private Accomodation
Restaurant/Dining
Property details
Located on Bernard Street, Leith, Edinburgh, known as the thoroughfare, Chancho forms part of the buildings converted for pubs, cafes, and publishing businesses. This area has been preserved as a historical enclave as it formed part of the main coastal route around North Edinburgh and was once a stop on Leith's electric tram line until 1955. This area is currently part of Edinburgh's tram development to re-enact the tram stop which will increase footfall to this area.
Upon entrance from the main road, this open-plan, galley-style room is adorned with a mixture of high tables and loose seating, bright decor, exposed walls, and soft furnishings that provide a modern, trendy theme throughout. The galley bar, to the left of the entrance, is a predominant feature central to the main room providing a single servery to both downstairs and upstairs. On the first floor there is a small room with loose seating which could either be used for a function room for private events or an overflow for busy weekends.
There is no private accommodation provided on this site.
Catering Kitchen
Free of Tie
Live Entertainment
Trading style
Trade is predominantly wet-led, evening trade currently offering cocktails and international beers. The quirkiness of this site with games nights, comedy events, live music, and bingo provides the perfect meeting point for all ages.
The landlords are ideally looking for an experienced licensee who is open-minded and who would embrace the unique style of building and interpret that into their vision. The site requires someone who would bring a fresh set of eyes, give the business definition and a prominent identity within the local area, and work together with local businesses to evolve this area. Due to the main street location, there is potential for outside seating in the summer months with a possible pavement licence application.
Key financials
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Reference Number:
IU3WDL / P03752
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£10,000.00
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Annual Rent:
£25,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £25,000 - Free of Tie
Security Deposit: £5,000
Working Capital: £2,000
Stock: £3,000
F&F: TBC– funding options may be available for the right licensee.