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New Contemporary Matcha Tea House, Stockbridge, Edinburgh For Sale

North Edinburgh, Edinburgh City, UK
Asking Price:
£49,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

An opportunity to acquire a bespoke contemporary Matcha Tea House in Stockbridge, Edinburgh in complete "turn-key" condition. The business is designed for predominantly takeaway matcha tea with ample potential for further other brandings of matcha, coffee or Acai Berry offerings within this thriving and popular residential and leisure area of Edinburgh.

Fully refurbished Class 1a shop unit in the last 18 months, re-wired/re-plumbed furnished, decorated and fully equipped. Residue of 10 year lease to 2034. Can be re-branded and opened with minimal additional inward investment (within days!).

Property Information

Property:

Leasehold

Lease Terms:

Residue of a 10 year lease to 2034

Leasehold Rent:

£23,000 per annum

Location:

Positioned at a major junction in Stockbridge on Comely Bank Road. Positioned between a Wine Shop and Hair Stylist close to all the hustle and bustle of Stockbridge and amongst all the high value residential properties, house and flats in the location.

Premises Details:

Operating from ground floor and basement of a 4 storey tenement building with a North facing aspect, on the main road leading into the heart of Stockbridge - decent footfall on a busy 4-way road junction.

Size in square feet:
c.600 sq ft
Planning Consent:

Class 1a

Energy Performance Rating:
E

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Scope to enhance the current Matcha Tea offering and to operate as a tea-house or indeed could be an ideal spot for another coffee takeaway/part sit-in - or for an Acai berry offering.

Competition / Market:

Given the popularity of the area there are a high number of cafes/bistros all around, independent and corporate all serving a strong residential population, visitors and tourists all year round.

Reasons for selling:

Client is planning to return to London

Years established:
1.5