Award-Winning Café/Bistro Licensed Opportunity In Morningside, Edinburgh For Sale

Edinburgh, Edinburgh City, UK

Asking Price:: £65,000

Turnover:: Available on request

Net Profit:: Available on request

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A spectacular and award-winning cafe/bistro opportunity with an excellent following trading daily (6 days a week) and fully licensed.

An opportunity to acquire a renowned business that continues to evolve, Salt Cafe since its inception back in 2014 has grown in popularity to a business enjoying 5 start ratings and high rankings on Trip Advisor. A 36 Cover established and contemporary offering operating on a lease to 2034 and passing rent of £26,000 per annum. Will be offered with or without branding.

Property Information

Property:: Leasehold

Lease Terms:: Residue of a twenty year lease to 2034

Leasehold Rent:: £26,000 per annum

Location:: The business is positioned on Morningside Road sitting between Bruntsfield and Morningside, close to Holy Corner and directly opposite the Churchill Theatre. Set on a run of established trading units with Costa, Starbucks, Gratitude Thai Kitchen, Luca's Ice Cream Parlour and other independents the footfall, visibility and proximity to Napier University and Watsons College is a plus. Set on a main arterial route in and out of Edinburgh the business is well postioned on a favoured bus route for visibility both daytime and night.

Premises Details:: The business premises occupy ground floor and basement of a traditional tenement building formed under a part pitched and slated roof. The cafe/bistro enjoys a double east facing frontage with access on either side (originally two units, knocked into one). With a sharp, contemporary and hand-painted exterior the signage is bespoke with window decal branding and logos and illumination provided by external drop lighting. There is on street "restricted off peak parking" on Morningside Road and amply neighbourhood parking in the vicinity.

Energy Performance Rating:: G

Business Operation

Expansion Potential:: Longer opening hours than currently.

Competition / Market:: Being located within the heart of Morningside and Bruntsfield then there is always strong competition but given the footfall in the area with a high percentage of students then there is ample room for every business to find their own niche- SALT cafe has a name for brunches in particular.