High Traffic Cafe/Takeaway with Class 3 Consent For Sale in Edinburgh City Centre
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Advert ID
611428
- Reference
1664 / Rightbiz
- Call Agent:
- Leasehold: £55,000
- Rent: £37,000
- Turnover: On request
- Net Profit: On request
Key Features
- Price Reduced
Business Details
Very well presented Cafe Takeaway with Full Class 3 consent located in Edinburgh City Centre
Popular Edinburgh City Centre Café. Located just minutes from the main Edinburgh landmarks. Beautifully presented throughout. c.30 covers. Recently fitted out to exceptional standard. Benefits from high level of passing trade. Annual Rent - £37,000.
LEASEHOLD Offers over £55,000.
This beautifully presented café and takeaway is located on Morrison Street close to Lothian Road in Edinburgh City Centre, a main thoroughfare just a few minutes from Princes Street.
There is a wide range of hospitality businesses, retail and office accommodation in the immediate vicinity along with a substantial development just a 5-minute stroll down to the other end of Morrison Street at Haymarket where further offices and a hotel is under construction.
This part of Edinburgh city centre has undergone a substantial transformation over the last 5 years attracting many national operators amongst the independent offerings.
Ben’s Bagels is a reasonably recent creation from the tenants trading from this location. A wide and varied menu offering fresh bagels or buns filled with mouth watering fillings. Due to its proximity to many large office complexes, hotels, B&Bs, it benefits from employees from these establishments along with shoppers visiting Edinburgh city centre. The offering is also very popular with the many visitors and tourists that flock to Edinburgh throughout the year.
The business has a full range of good equipment (bar / kitchen) and can be ready to trade under new concept or under the same concept asap.
They are currently trading from 8.30am to 4pm but can easily be extended for an evening offer.
Only 2 staff are necessary to run the business. The owners work partially.
Our clients have reluctantly placed the business on the market for personal reasons.
The subjects are held on the basis of a 10-year lease with an option for a further 10 years.
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Particulars / More Information
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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