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Howies for Sale
Howies for Sale

30/08/2011

 

Christie + Co are instructed to sell Howies Restaurant

Group

Specialised licensed trade restaurant property agents Christie + Co are delighted to be

instructed by Howie & Co (Scotland) Limited to sell Howies Restaurant Group. The group is

made up of five exceptionally well presented and characterful restaurant properties, four

of which are situated in key locations in Edinburgh whilst the remaining restaurant is

situated just off Union Street in Aberdeen.

Howies Restaurants have become a by word for quality and reasonable prices for a large

volume of repeat regular custom throughout Edinburgh and Aberdeen. Howies Restaurants

started off in St Leonard Street, Edinburgh in 1990 and grew into operate restaurant

premises in popular part of the city as well as in Aberdeen, St Andrew and Dundee.

At present, Howies are trading successfully from four units in Edinburgh and one in

Aberdeen with their current locations being:

-

50/52 Chapel Street, Aberdeen - Offers Over £50,000 for the leasehold interest

 

-

10-14 Victoria Street, Edinburgh - Offers Over £170,000 for the leasehold interest

 

-

29 Waterloo Place, Edinburgh - Offers Over £130,000 for the leasehold interest

 

-

208 Bruntsfield Place, Edinburgh - Offers Over £75,000 for the leasehold interest

 

-

1/1 Alva Street, Edinburgh - Offers Over £60,000 for the leasehold interest

 

The sale of these businesses will be looked at on an individual basis as well as a group basis.

On an individual basis the units represent five well positioned, potentially stand alone

restaurant businesses operating in strategically important areas of Edinburgh and Aberdeen.

Combined as a group purchase the units represent an important presence in the Scottish

restaurant scene as well as giving an established multiple operator five well positioned

businesses to bolt on to their established stable of business interests.

Kath Byrnes, Operations Director of Howies comments on the impending sale “The

availability of the five units throughout Edinburgh and Aberdeen represent a superb

opportunity for a motivated purchaser / individual. Purchasers will inherit a high quality

and high calibre business with a motivated staff and management team already in place."

For further information please contact Barry McNeil, Associate Director, at Christie +Co's

Edinburgh office on 0131 557 6666.

 

 

 

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