A popular Edinburgh city centre steakhouse has been brought to market by DM Hall, one of Scotland’s leading firms of chartered surveyors, as a result of the owner’s impending retirement.
McKirdy’s Steakhouse, located at 151-155 Morrison Street, and close to Haymarket and Edinburgh’s economic hub, has traded for 24 years.
Offers over £450,000 are invited for the business which is supplied by McKirdy Butchers, which has been active in Edinburgh and East Lothian since 1895.
Morrison Street, a busy one-way thoroughfare which connects Lothian Road with Haymarket Terrace/West Maitland Street, carries a substantial volume of traffic on a daily basis being one of the main arterial routes out of the City Centre towards the West.
The area is mixed residential and commercial in nature and adjacent to it there are a number of other restaurants and public houses. The Edinburgh International Conference Centre and various hotels are located a short walk from the premises.
McKirdy’s Steakhouse, which has recently been re-furbished, is arranged over the ground floor. The frontage incorporates large display windows providing good natural light to the restaurant.
The restaurant business, which has a reputation for the very highest quality meat available and trades from Wednesday to Sunday, is reluctantly being brought to the market as a result of retirement, its success is reflected in its profitability.
Margaret Mitchell of DM Hall who is overseeing the marketing process, said: “This is a great opportunity to acquire a successful, busy and readily managed restaurant with an established reputation.
“Its location, on the edge of the soon to be completed Haymarket Edinburgh development, an impressive £350m mixed-use development which will include hotels, retail space and offices will bring further investment and buzz to the area. As a result, any future owner will benefit significantly.
“Our client is seeking offers over £450,000 including goodwill, fixtures and fittings. Trading accounts are available upon request to seriously interested parties. Viewing is strictly by appointment and arrangements can be made by contacting me, Margaret Mitchell MRICS, Surveyor, on 07919574184 or Margaret.mitchell@dmhall.co.uk.”
With 24 offices and over 250 members of staff including 24 Partners, DM Hall this year celebrates 125 years since its foundation in 1897.
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