A restaurant on Edinburgh’s world famous Royal Mile that has been owned by the same couple for nearly 40 years has been brought to the market.
Specialist business property adviser, Christie & Co, confirmed that it has been instructed to sell Gordon’s Trattoria, a family run Italian restaurant that occupies the ground and basement floors of the traditional terraced property.
Trading seven days a week, the restaurant is situated just 500 yards east of Edinburgh Castle, one of Scotland’s busiest tourist attractions with over two million annual visitors and benefits from extremely high levels of footfall.
The property was once the shop of James Gillespie, who went on to found the James Gillespie Hospital before his death in 1797.
Having owned and operated the restaurant since 1982, current owners, Mr & Mrs Scott have established the restaurant as an institution on High Street, popular with locals and tourists alike. The pair have decided to sell in order to take retirement.
Stuart Drysdale, director at Christie & Co, said: “A number of high value lease transactions have gone through in the surrounding area in recent years, but the rarity of a freehold sale on the Royal Mile cannot be overstated. We expect local and international interest for this unique opportunity.”
The open plan restaurant currently provides seating for 62 covers, with additional seating outside for 24 covers.