Gorgeous Gift & Coffee Shop for Sale in Edinburgh, Excellent Location, Room for Growth, £79,500
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Date Submitted:
12/12/22
- Advert ID
505030
- Reference
1528 / Rightbiz
- Call Agent:
- Leasehold: £59,500 (Stock at valuation)
- Rent: £18,000
- Turnover: On request
- Net Profit: On request
Key Features
- Small Business
- Established Business
Business Details
Beautifully presented Coffee shop located in Edinburgh (ref 1528)
Class 1 Coffee Shop. Beautifully presented throughout. Great trading location in Blackhall. Excellent reputation locally and beyond. Scope to develop existing trade. Ideally suited for hands on operator.
LEASEHOLD Price: £59,500 plus stock at valuation.
Cloudberry Coffee Shop is located on corner of Craigcrook Place and Seaforth Terrace which forms part of Queensferry Road (A90), arguably the most used thoroughfare into and out of Edinburgh’s city centre from the west.
Blackhall is a suburb in the north-west of Edinburgh and is one of the most desirable residential areas of the city. Nearby suburbs include Murrayfield, Ravelston and Corstorphine and there are excellent transport links into the city centre which can also be reached within a 45-minute walk. The area is well served by a range of independent businesses such as Cloudberry along with further retail outlets and services.
Our client created Cloudberry Gifts and Coffee Shop in 2010 when opening the first unit in the Barnton area of Edinburgh followed by the Blackhall branch in 2015. This unit relocated from across the road when a larger and more visible site became available in 2020 and has been trading successfully since then whilst being able to cater for additional coffee shop customers and offer a wider range of gifts. The unit is beautifully presented throughout.
The Blackhall unit has been placed on the market to allow the owner to concentrate on the original Cloudberry at Barnton and spend more time with her family. Therefore, this unit would need to be de-branded when sold although consideration may be given to the sale of both this and the Barnton shop whereupon they could continue under the same trading name.
The gift shop side has a wide and varied selection on offer with gifts for him, her and kids along with seasonal items, further information can be found at https://cloudberrygifts.co.uk/
The coffee shop area has c.40 covers and this could be increased and offers a wide and varied menu from coffee and cake to paninis and soups in a comfortable setting in one of the most desirable locations in Edinburgh.
The subjects are held on the basis of an FRI lease and the annual rental is £21,000 expiring on 28th December 2027, the landlord is willing to discuss an extension to this.
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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.
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