Turnkey Hot Food Takeaway Business with Class 3 Offering in Bustling Edinburgh Suburb for Sale
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Date Submitted:
10/04/24
- Advert ID
609565
- Reference
1650 / Rightbiz
- Call Agent:
- Leasehold: £68,000
- Rent: £15,000
- Turnover: On request
- Net Profit: On request
Business Details
An outstanding turnkey Hot Food Takeaway in Edinburgh. (ref 1650)
Fantastic class 3 hot food takeaway. Walk in condition for new operators. Full class 3 offering. Rent Ā£15,000 per annum. Low running costs. Rates exempt. 14 years left on current lease. GIA 78.78 sq m. Currently run under management. Huge potential for hands on owners.
LEASEHOLD Premium Ā£68,000.
The premises are located on Marchmont Road in the heart of the hugely popular residential and commercial Edinburgh suburb of Marchmont. Despite being only a mile or so from Edinburghās bustling city centre, this area benefits from the open green spaces of Bruntsfield Links and the Meadows, which are both just a couple of minutesā walk from the property.
This densely populated part of the city is popular with students whilst also benefiting from an influx of visitors, especially during the summer months when the surrounding open spaces are at their busiest, being well used during the Edinburgh Festival.
The business is surrounded by mainly residential properties although there is a good selection of complimentary commercial businesses in the vicinity.
The business has been in our clients hands for a short period of time, our clients have reluctantly decided to sell in order to concentrate on their larger business commitments. In doing so, there is a huge opportunity for a motivated purchaser to take on an immaculate hot food/takeaway opportunity in exceptional walk in condition.
It is strongly felt the business would be best run by business partners who would be able to work in the premises for most of the opening hours. Currently, the business is run fully under management, and it makes sense to suggest the business would benefit from hands on day-to-day control.
The property operates with full class 3 cooking consent.
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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 Ā£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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