Offers Over £950,000

commercial property for sale in Old Town

Viva Mexico 41 Cockburn Street, EH1 1BS
ESPC Chartered Firm
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McEwan Fraser Legal is delighted to present to the market Viva Mexico which is a popular, well regarded Mexican restaurant, set over two floors and situated right in the heart of Edinburgh Old Town 100 meters from the Royal Mile. Located within a traditional four-story property the restaurant occupies the ground and lower ground floors providing space for approx 80 covers in total and has been trading extremely successfully for the last 37 years. The restaurant is accessed directly from Cockburn Street via a glazed front door. The atmosphere is welcoming thanks to the cleverly placed movable furniture and atmospheric lighting. The ground floor dining area provides space for 15 covers and at the rear of the room is a decorative bar area with a well-stocked gantry. A staircase can be found leading you to the lower ground floor. The lower ground provides two dining rooms, the main dining room providing space for 40 covers and a conveniently placed prep area for desserts and coffees. The second dining area which gives access to two large storage cupboards provides room for a further 30 covers and continues the theme of the modern and vibrant Mexican decor that can be found throughout the whole of the restaurant. The commercial kitchen is also located on the lower ground and is well set out with a preparation area, principal cooking area, good ventilation equipment and everything else necessary to service the 80 covers. Ladies and gents toilet facilities are also located on this floor. Overall Viva Mexico provides a fantastic opportunity to purchase an already well established and highly regarded licenced restaurant situated in one of Edinburgh's most popular tourist areas. Services: Gas, electric, and water all mains connected.

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Old Town, Edinburgh City Centre at a glance*

  • Average selling price

    £283,787

  • Median time to sell

    48 days

  • Average % of Home Report achieved

    99.0%

  • Most popular property type

    2 bedroom flat

To find out more about the local market, contact McEwan Fraser Legal today.
* Figures are based on properties marketed and sold through ESPC. Home Report valuations relate to properties where the Home Report was available on espc.com. Figures relate to the 12 month period ending on 31/08/2024

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* School catchment data is provided for information purposes only and ESPC UK Ltd does not accept any responsibility for the accuracy or completeness of the data. You should always contact the local authority responsible for the provision of education in a property's location, and more information on particular school catchment areas can be found via the links here.