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Established Coffee Shop, Central Edinburgh (ref. 1252) For Sale

Newington, Edinburgh City, UK
Asking Price:
£125,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

Established 35-40 cover Coffee Shop business (sit in and takeaway) situated in a prominent trading location, close to Edinburgh University and busy student areas. Restricted Class 3 consent. Immaculate condition. Ideal for a partnership team. £10,000 Landlord deposit required.

Coffee Angel is positioned in a great prominent trading location within Edinburgh’s main student and tourist hub making it a prime location for a coffee shop. Indeed there is a constant level of passing trade from commuters walking and cycling past the business.

The property is in walk in condition, immaculate and very well decorated meaning minimal work would be required to begin trading.

This business is ideal for a first time or experienced buyer and would be ideal for a partnership team.

Offered on a leasehold basis with 10 years left on the current lease. The current passing rent is £26,500 + VAT.

Property Information

Property:

Leasehold

Lease Terms:

This property is being offered on a leasehold basis with 10 years left on the lease. The current passing rent is £26,500 + VAT .

Leasehold Rent:

£26,500 per annum

Location:

Coffee Angel is situated in Newington right in the heart of Edinburgh’s historic Old Town. This area of Edinburgh acts as a hub for students with various student accommodation complexes such located in the area. The Potterow Edinburgh University Campus is located within a close vicinity.

Premises Details:

35-40 cover. Immaculately presented. Walk-in condition.

Size in square feet:
939

Business Operation

Reasons for selling:

Other business interests.

Other Information

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