Five Guys to open on Frederick Street, Edinburgh

08 March 2017

Savills, on behalf of a private landlord, has agreed a new letting to Five Guys at 12 Frederick Street in Edinburgh. It will be the first city centre offer for the American fast casual restaurant chain in Edinburgh which currently has a restaurant in Fort Kinnaird out of town retail park.  

Five Guys has agreed to a new 20-year lease on the 6,758 sq ft (628 sq m) unit, arranged over basement, ground and two upper floors, and will pay £200,000 per annum.

Gordon Nicolson, associate director in the retail team at Savills Scotland, comments: “Edinburgh continues to attract national food and drink operators who want a slice of the city’s successful tourist industry and leisure scene and this deal secures a prime location for the first Five Guys restaurant in the city centre.” 

Callum Mortimer, director in the retail team at CBRE which advised Five Guys, adds: “Five Guys' endlessly customisable burgers and dedication to freshness and quality have seen the brand move from strength to strength in the UK. Having also concluded deals with Five Guys in Aberdeen and Dundee city centre recently we were delighted to help secure such a prominent Edinburgh city centre location. It had been a long standing requirement, and this new acquisition further enhances the brands’ representation across the country.”

 
 

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Kirsty Moseley

Kirsty Moseley

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Savills Margaret Street

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