Superb Cafe and Takeaway for Sale in Prime Edinburgh Location - Impressive 14-cover, Great Potential
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Date Submitted:
27/09/22
- Advert ID
500931
- Reference
1511 / Rightbiz
- Call Agent:
- Leasehold: £37,500
- Rent: £8,250
- Turnover: On request
- Net Profit: On request
Key Features
- Prime Location
- Fully Fitted
- Attractive Business
- Price Reduced
- Established Business
- Close to Local Amenities
- Small Business
Business Details
A Superb Cafe and Takeaway in a highly sought after trading location in Edinburgh.(ref 1511)
*** PRICE REDUCED ***
Impressively equipped 14 cover café and takeaway. Superb walk-in condition for new owners. Well equipped Kitchen with restricted class 3 consent. 2 external covers. Great trading location in hugely sought-after locale. Ideal for a partnership team. Rates exempt and partial rent level. Only trading 42 hours per week – closed Sundays. Huge potential to increase trade with Sunday opening. Ideal business for eager first-time buyers or established operators. A fantastic business opportunity.
LEASEHOLD Guide price £37,500.
Bruntsfield is a popular and prestigious area situated in the centre of Edinburgh, it is around a 20-minute walk south west of the city centre and is known for its many coffee shops, restaurants, bars and interesting shops. Napier University’s Merchiston Campus is situated in the area. This is also a densely populated residential area, popular with young and old alike due to its superb location and the facilities the area offers. The Meadows is only a very short walk from the doors of the business and this is the main communal green space in Edinburgh city centre. Bruntsfield Place is a busy and important thoroughfare linking the southwest of Edinburgh including neighbouring Morningside with the city centre.
BRUNCH-field is located a few steps off Bruntsfield Place on Viewforth Gardens but offers visible and central trading location to many locals, regulars and visitors to the area and shop.
The business has been run by our client since March 2020. Our client purchased the business on the eve of Covid. A welcoming and very popular cafe and takeaway has been created in a very short time, there is now a huge opportunity for a partnership or an individual to take on a fantastically presented business that is ready to be taken to the next trading level.
The business and property are offered for sale on a leasehold basis. This will be an assignation of the current lease. We are advised that there is 6 years left on the current lease. The passing rental is £8,250 per annum.
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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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