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Licensed & Leisure

Licensed & Leisure

Our advice to pub companies, hotel operators and individual owners aims to increase the income from their investment in property and help them manage their property overheads.

We also have a team exclusively dealing with pub sales and leases who can value your current business, advise on disposals or help you find a new location. More properties are now being retained for pub use, a definite sign there is growing confidence the economy.

Search here for all our licensed and leisure property on the market.

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CASESTUDIES

Scottish Pub Sales

  • A flurry of activity within the pub sector in Scotland has seen us sell six pubs across the country in deals worth almost £1 million.
  • In Edinburgh, these include Cooper’s Rest at Easter Road, Albion Bar at Albion Road and the Old Ship Inn in Port Seton, all sold for Punch Taverns.
  • The new owner of the Old Ship Inn has mixed-use plans for the site, including a takeaway/restaurant and drive thru, three houses and a stand-alone business unit.
  • Further north, pubs were sold in Fife, Aberdeenshire and Inverness. All are to continue trading as public houses.

Omni Centre, Edinburgh

  • We are the sole letting agent of the Omni Centre in Edinburgh, owned by Aviva Investors Property Trust, which combines a cinema and gym with restaurants and bars.
  • The focus has been on promoting the centre as the top food destination in Edinburgh to large operators.
  • Most recently we let 1,059 sq m to pan Asian restaurant chain Cosmo and 372 sq m to Nando’s.
  • We have also negotiated a lease regear for expansion plans for one of the centre’s largest tenants, The Glasshouse Hotel.
  • Our deal sees an additional 30 years being added to the lease length and the development of 12 new bedrooms.