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Historic Greengrocer and Deli in Central Edinburgh for Sale

City of Edinburgh, Edinburgh
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  • Status

    FOR SALE

  • Date Submitted:

    13/06/24

  • Advert ID

    612842

  • Leasehold: £19,500 (Stock at valuation)
  • Rent: £15,000
  • Turnover: £150,000 (£2,885 Per week)
  • Net Profit: Not Applicable

Key Features

  • Established Business
  • Prime Location
  • Retirement Sale
  • Small Business

Business Details

Greengrocer and Deli for sale

This iconic, historic greengrocer and deli, located in a prestigious area of central Edinburgh, has been trading since the 19th century. The shop is situated in an enviable residential location, popular amongst a diverse demographic. The period premises occupy a prominent position, featuring twin-windowed frontage, framing the enticing array of fruit, vegetables, and deli products. The spacious front floor area measures approximately 36 square meters, providing ample room for the impressive display shelving. A traditional canopy adds to the charm of the shopfront and provides a sheltered area for more product displays and trading. In addition, the middle section of the premises houses a storage facility and a WC.

Regarding functionality, the current layout includes a back shop, measuring approximately 17.5 square meters and fitted with kitchen units and twin sinks. This area, primarily used for storage and housing a walk-in chiller, offers potential for refurbishment. Given its size and existing facilities, it could serve ideally as a large kitchen or food preparation area.

Furthermore, the shop is readily equipped with several noteworthy features. An eye-catching ice cream freezer, a deli fridge and counter, a new Francino barista coffee machine, and a shelved display chiller are among the amenities. All the elements come together seamlessly to create a unique shopping experience for customers.

The business is now on the market due its owners' impending retirement. The leasehold price for this bustling greengrocer and deli comes in at a reasonable £19,500, considering its prime location and established procedures. The current turnover is a substantial £150,000, making this opportunity an attractive prospect for those looking to own a small business with significant potential in the heart of the city.

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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.

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