Coffee Shop and Italian Cafe Takeaway for Sale in Edinburgh on Gilmore Place
City of Edinburgh, Edinburgh
- Status
FOR SALE
- Advert ID
638018
- Reference
1771 / Rightbiz
- Call Agent:
- Leasehold: £32,000
- Rent: £11,880 (£990 per month)
- Turnover: On request
- Profit: On request
Business Details
A Neatly presented Coffee Shop and Italian influenced Cafe Takeaway (ref 1771)
*** PRICE REDUCED ***
Well-presented coffee shop & takeaway café. Visible trading location in popular locale. Close to Bruntsfield & Fountainbridge. Easily run opportunity. Ideal for couple/partnership team. Class 3 hot food consent. Rates exempt. Would suit a variety of different trading styles/offerings. Rent £11,800pa. 16 covers with high quality F & F. Fully fitted kitchen. Huge potential for new owners.
LEASEHOLD Guide price £32,000.
Coffeat occupies a highly visible trading location on Gilmore Place in the Viewforth area of Edinburgh. Viewforth is situated next to Merchiston, Fountainbridge and Bruntsfield.
This is a very popular residential area for students as well as young professionals. Other areas and places of interest closeby include The Meadows, Lochrin canal basis and Boroughmuir High School.
Close by Merchiston and Brunstfield are also home to some of the most expensive residential streets in the city.
Internally the property is an impressively fitted café, offered in walk in condition for new owners. The subjects occupy the ground floor and basement, with the basement solely used for storage.
Our clients have established a well-presented coffee shop and popular café. They have chosen to specialise in an Italian offering, however the future direction of the business and offering is entirely up to new owners. The business trades with class 3 hot food consent, allowing a few flexible trading styles and offerings. The premises would lend itself well to differing cuisines.
The premises are currently open 5 days a week, 8am – 4pm Tuesday to Saturday. There is significant potential for new owners to increase this with 6/7 day a week opening, evening opening and an aggressive social media and website push to drive footfall. The business does offer new owners a significant scope for them to choose which direction to take own offering/concept.
There is no mains gas. Cooking and heating are by electric.
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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.
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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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