30 Cover City Centre Cafe in Edinburgh - Newly Refurbished & Fully Equipped
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Date Submitted:
08/08/22
- Advert ID
498283
- Reference
1833 / Rightbiz
- Call Agent:
- Leasehold: £35,000
- Turnover: N/A
- Net Profit: On request
Key Features
- Established Business
- Fully Fitted
- Adjacent to Multiple Retailers
- Prime Location
Business Details
Stunning 30 Cover City Centre Cafe in Excellent Condition. Low Rent.
Central Business Sales is delighted to offer to the market a well established city centre cafe in excellent Condition. The cafe is located in St. Mary Street a highly desirable location in the centre of Edinburgh. The area has an extremely high daily footfall with the many tourists and students that visit the area on a regular basis. The cafe is close to the Edinburgh Castle, the High Street and the Royal Mile. Holyrood House is also close by.
The cafe has a class one licence and offers a range of cuisine but currently specialises in Caribbean food but also offers a range of food from all over the world. A new owner will be able to keep the current menu or change it to suit what they would like to offer. There is also large potential to offer outside catering which is extremely popular in Edinburgh with the many offices, hotels and Bed and Breakfast in the area.
The single front unit is approximately 70 square metres. There is a good sized seating area to the front with a large kitchen and preparation area to the rear. There is also a full size basement that can be used to expand the business.
The business is being offered on a leasehold basis with a brand new lease on offer. The rent is £590 per month and the business benefits from 100% small rates relief. All equipment, fixtures and fittings are included in the sale.
***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***
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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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