Skip to content

High Dive Edinburgh

81/85, St Leonards Street, Edinburgh, EH8 9QY

Pub Code: 0080411101

Key Features

  • Fully refurbished
  • Food offer
  • Good location
  • Free of tie on wine & spirits

Est Min Ingoing Costs: £10,206

Annual Rent: £31,010

Apply for this Pub

More Information

The High Dive is located in the densely populated Southside of Edinburgh City centre. A stones throw from the Commonwealth Pool, the area is popular with students and is surrounded by many residential properties. The pub is also just off the main road in to Edinburgh South so can be an great stopping off place for people on the way home from work.

The site was recently refurbished to a very high standard and has been run as a beer & pizza place and this will be retained.

Strong social media skills and an entrepreneurial spirit are essential to drive this business forward. Could that be you? Talk to us and pitch your ideas!

  • Business Start Up Agreement

  • Catering Kitchen

Trading Area & Facilities


The High Dive was once a traditional Victorian tenement pub and has been refurbished to retain some of that character whilst also being ultra-modern.

Currently the pub has a strong pizza over with 'theatre kitchen' and is centred around the bar that runs nearly the full length of the pub. There is a mix of booth, loose and bar stool seating similar to an American diner. There is a small prep area downstairs and the site is in 'walk in' condition.

Private Accommodation


There is no private accommodation on site.

Premises Licence Details


Please note: We are in the process of transfering the premises licence back to Star Pubs & Bars, once this is completed we will publish the licence to the website.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
11:00 -
01:00
11:00 -
01:00
11:00 -
01:00
11:00 -
01:00
11:00 -
01:00
11:00 -
01:00
11:00 -
01:00

Annual Rent £
31,010
Estimated Tenants Annual Operating Profit £
31,009
Representative HEINEKEN UK Brand Discount Per Barrel £
125
Estimated Annual Turnover £
368,774
Estimated Annual Barrelage
59
* The above figures are provided as a guide only and will be finalised as part of the commercial agreement.
** All figures quoted are exclusive of VAT

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
8,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
5,000
Deposit Amount £
7,753
Rent in Advance £
596
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
22,959
Estimated Minimum Ingoing Costs £
10,206
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.
Note that on FRI Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased.

A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
921
Estimated Annual Maintenance Compliance Charge £
1,862
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6108
Estimated Annual Repairs Fund £
1300
The above figures are provided as a guide only and will be finalised as part of the commercial agreement
* All figures quoted are exclusive of VAT
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

Pub Vacancy Alerts

Register now to receive regular email or text updates when new pubs to let come onto the market and get the latest news from Star Pubs & Bars. It’s free and puts you under no obligation.

Register

Want to know more?

To download our no nonsense guide to running your own pub click below.

Download