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Retro Italian Cafe In Stockbridge For Sale

Stockbridge, Edinburgh City, UK
Asking Price:
£28,000 Furniture / Fixtures included
Turnover:
Available on request
Net Profit:
Available on request

An amazing opportunity to take over a small cafe business in a popular Stockbridge neighbourhood operated by an Italian couple for the last 17 years. Having been part of the community for the nearly two decades they have decided to retire.

This compact business is a sit-in and coffee takeaway opportunity (Class 1 retail consent) with room for up to 20 covers + a couple of small tables outside. With Cafe use and a lease to 2026 with new lease expected from the landlord (been asked) the current passing rent is £8,000 per annum. With a Rateable Value at £12,100 the rates burden is only £150 p.a.

Operated since 2006 Sprio & Co Cafe has operated 7 days a week (daytime only) through choice and enjoys a strong local support with an appealing and authentic menu board and of course the perfect coffee and is popular on many social media platforms talking of its charm, its homely retro feel and unique position in a popular residential/retail street close to Edinburgh City Centre but still in a residential area.

Property Information

Property:

Leasehold

Lease Terms:

Current lease to 30 September 2026. We understand the landlord is keen to present a new lease (and terms) to any new tenant moving forward - or even a simple lease extension.

Leasehold Rent:

£8,000 per annum

Location:

Situated on St Stephen Street nearer to its junction with St Stephen Place and the famous Stockbridge Market Arch the business is located on the north side of the street with a south facing aspect. Surrounded by an eclectic mix of businesses from retail to restaurant and cafes to bookshops it could resemble a scene from Notting Hill.

Premises Details:

The business premises occupy ground floor of a four storey sandstone tenement building and basement with a south facing aspect with adjacent traders on either side.

Size in square feet:
42 sq. m. (466 sq. ft.)
Planning Consent:

Class 1 (Retail) - Cafe

Energy Performance Rating:
G

Business Operation

Expansion Potential:

Longer opening hours given the rise in home-working and being in the heart of a residential district.

Competition / Market:

A range of operators complementing rather than competing from corporate coffee outlets and other independent operators.

Reasons for selling:

Client retiring after 17 years.

Trading hours:

7 days a week 9am -3pm daily

Years established:
17