Established 30-Year Wholefoods Retail Business in Central Edinburgh for Sale
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Date Submitted:
28/02/22
- Advert ID
291287
- Reference
1689 / Rightbiz
- Call Agent:
- Leasehold: £99,995 (Stock at valuation)
- Rent: £42,000
- Turnover: Not Applicable
- Net Profit: Not Applicable
Key Features
- Close to Local Amenities
- Fully Fitted
- Established Business
Business Details
Long Established Wholefoods Retail Business in Central Edinburgh
Central Business Sales is delighted to offer to the market a highly successful wholefoods business that has been established for over 30 years. The shop benefits from a very high level of repeat trade and is particularly popular with students and local residents living in the area. The property has recently been granted a a restricted class 3 licence, opening up the possibility for a new owner to start operating as a combined wholefood/retail cafe shop.
The business offers a very varied selection of wholefoods including confectionery, freshly made ready meals, coffees and have one of the largest selections of speciality teas in Scotland, jams, honey, Eastern European foods, olives, oils, tinned goods, dry ingredients and Kombucha. A delivery service is available and proves very popular.
The shop is located in the highly sought after Nicolson Street in Edinburgh city centre and is approximately 150m² over basement and ground floors. The large double front entrance leads into an open plan display area with a serving area to the rear. There is a further display area to the rear of the shop, plus a full length basement.
The business is being offered to the market on a leasehold basis with a brand new 10 year lease with rent at £42,000 per annum.
***PLEASE NOTE ALL VIEWINGS AND CONTACT MUST BE MADE THROUGH CENTRAL BUSINESS SALES - DO NOT MAKE A DIRECT APPROACH TO THE OWNER OF THE BUSINESS OR ANY STAFF MEMBERS***
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Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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