Multi Award Winning 24 Seat Hot Food Cafe in Prime Edinburgh Location - Outstanding Condition
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Date Submitted:
21/06/22
- Advert ID
297372
- Reference
1721 / Rightbiz
- Call Agent:
- Leasehold: £39,995
- Rent: £17,860
- Turnover: On request
- Net Profit: On request
Key Features
- Established Business
- Accounts Available
- Fully Fitted
- Prime Location
Business Details
Multi Award Winning 24 Cover Class 3 Hot Food Cafe in Stunning Condition and Sought After Location
Central Business Sales is delighted to offer to the market a stunning multi award winning 24 cover class 3 cafe in a great location on Edinburgh's Comiston Road. The current owners have run the very successful cafe for 5 years and have built up an excellent reputation, with a very high level of repeat trade.
The cafe offers a popular, freshly prepared menu and specialise in hand made pies. A new owner would be able to put their own stamp on the menu or keep a similar menu. There is great potential to expand the business by extending the opening hours, especially in the evenings. There is also the opportunity to expand the catering and delivery side of the business.
The single front unit is approximately 70m² and is in excellent condition throughout. The main seating area is to the front, with fixed booths as well as tables and chairs. There is a serving area to the front with a large fully equipped kitchen to the rear. The price includes a coffee machine, commercial oven, fryers, dishwasher, microwaves, fridges, freezers and a full extraction system. There is also a dry storage area located to the rear of the premises.
The business is being offered on a leasehold basis with 7 years left on the current lease with an extension available. Rent is £17,860 per annum and 100% rates relief applies under the Small Business Bonus Scheme.
***PLEASE NOTE THAT ALL VIEWINGS AND CONTACT MUST BE MADE THROUGH CENTRAL BUSINESS SALES - DO NOT MAKE A DIRECT APPROACH TO THE OWNER OF THE BUSINESS***
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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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