Under Offer: Charming 20-Seat Restaurant in Edinburgh with Growth Potential and Low Overheads
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Advert ID
622797
- Leasehold: Price on Application
- Rent: £12,000 (£1,000 per month)
- Turnover: On request
- Profit: On request
Key Features
- Fully Fitted
- Small Business
- Offers Invited
- Close to Local Amenities
Business Details
20 Seat Restaurant in Marchmont Under Offer
Offer accepted , will re advertise if that changes
This is a compact and well equipped premises, ideal for a small and easy to manage operation
The overheads are very low for a business like this , very easy to cover rent, power etc from one day’s trading
The location is excellent with a wide variety of affluent people
Currently run as a well regarded Vegetarian restaurant but suitable for many different applications
Landlord will issue a new 10 year lease and will probably require a deposit and references
Currently closed for an extended Xmas holiday but available for viewing at any time
Fridges and other equipment like dishwasher etc all commercial grade equipment in good condition, although out of warranty
At the moment we only open short hours as we have other commitments but there is obviously huge scope to open more
The dining area is also connected to ventilation extraction so potential to easily have cooking, or hot food servery etc in that space too.
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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.
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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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