Prime Cafe/Restaurant Opportunity with Outdoor Seating in Popular Bruntsfield, Edinburgh
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Advert ID
628657
- Reference
1740 / Rightbiz
- Call Agent:
- Leasehold: £75,000
- Rent: £24,000 (£2,000 per month)
- Turnover: On request
- Net Profit: On request
Business Details
A superb Cafe Restaurant opportunity occupying a prime trading location in Edinburgh (ref 1740)
Highly sought after trading location. Prime pitch in hugely popular Bruntsfield. Turnkey operation. Same owners for the last 7 years. Full class 3 & unlicensed. 36 covers in spacious surrounds. GIA circa 110 sq.m over ground floor and basement. Basement commercial kitchen and service areas. New 5-year lease with extension on offer. Current rent £24,000 per annum. Rateable value £19,200. Low fixed property costs for the area. Would suit a wide variety of international cuisines/trading styles. Currently run as an acclaimed vegan café and restaurant. Provision for outdoor seating. Huge potential to increase trading hours.
LEASEHOLD Guide price £75,000.
Bruntsfield is a popular and prestigious area situated close to the centre of Edinburgh, it is around a 20-minute walk southwest of the city centre and is known for its many coffee shops, restaurants, bars and interesting shops. This is also a densely populated residential area, popular with young and old alike due to its superb location and the facilities the area offers.
The Meadows is only a very short walk from the business, this is the main communal green space in Edinburgh city centre. Napier University’s Merchiston Campus is also situated in the area.
Bruntsfield Place is a busy and important thoroughfare, linking the southwest of Edinburgh including neighbouring Morningside with the city centre.
Step straight into success with this vibrant, fully fitted café in the heart of Bruntsfield, one of Edinburgh’s busiest and most desirable neighbourhoods. Surrounded by loyal locals, students, professionals, and a steady stream of tourists. A rare opportunity in one of the café and property honeypot areas in Edinburgh. Beautifully run, fully systemised, and ready for a seamless handover.
The café operates as a popular vegan café, however there are opportunities to alter the cuisine and trading style. Currently the business trades very well on semi restricted opening, giving the option to expand the hours and menus, add evening trade or delivery and tap into the untapped potential.
The business is offered for sale on a leasehold basis. We are advised that the current rent is £24,000. The sale will proceed by way of a lease assignation. We understand that the landlord will offer a lease extension to the tenants.
The business trades with full class 3 cooking consent. Please note the business has no alcohol licence.
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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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