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Seven Neighbourhood Cafe In Edinburgh For Sale

Edinburgh, Edinburgh City, UK
Asking Price:
£55,000
Turnover:
Available on request
Net Profit:
Available on request

A chance to acquire a well-known and popular cafe/takeaway with seating for up to 28 covers, a popular business in a highly visible location at the busy 5 road Tollcross junction with Lothian Road. Operating now for just over 10 years and recently re-branded (by the same owners) from Cafe Class to Seven Neighbourhood Cafe.

This business operates from 68.5 sq m on one level and has restricted class 3 consent allowing only for re-heat with a well equipped kitchen but no gas and no deep fat frying.

The business enjoys a bright and colourful frontage and interior and operates 7 days a week.

Property Information

Property:

Leasehold

Lease Terms:

Currently a rolling lease, we understand the landlord may offer a 10 year extension or new lease.

Leasehold Rent:

£14,400 per annum

Location:

At the junction of Lothian Road and Home Street 1 mile from Princes Street in the centre of Edinburgh. A main arterial route in and out of the City Centre with strong footfall and high visibility at a 5 road major junction.

Premises Details:

Occupying ground floor and basement of a tenement style building.

Energy Performance Rating:
G

Business Operation

Expansion Potential:

Potential to get Class 3 consent and a Premises licence if required

Competition / Market:

Range of retailing, casual dining, takeaway, theatres, offices, banks, schools, hotels, B+Bs, airbnbs all in the area adding to the diversity of business and footfall.

Trading hours:

7 days a week 9am-5pm

Years established:
10 years +

Contact The Restaurant Agency Ltd

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