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Well Presented Cafe And Takeaway In Leith, Edinburgh For Sale

Leith, Edinburgh City, UK
Asking Price:
£39,500
Turnover:
Available on request
Net Profit:
Available on request

Well presented Café and Takeaway. 16 internal covers/12 external covers. Suis Generis consent. Commercial kitchen with full extraction. Busy location on Easter Road. Scope to adapt current offering.

Leasehold Guide Price - £39,500.

Annual Rent - £12,000.

The business is located in a prominent position on Easter Road, one of the main thoroughfares in the Leith district of Edinburgh. The road stretches from Leith Links at the northern end to London Road to the south. The street itself and the surrounding area has long been considered one of Edinburgh’s most densely populated areas with most of the area comprising of tenement housing built in the second half of the nineteenth century. Easter Road runs parallel with Leith Walk and is home to many artisan and quirky businesses along with a wide selection of multiple operators dotted throughout. The surrounding area also features a wide selection of public houses, cafes and restaurants.
Edinburgh city centre is just a 20 minute stroll from the shop whilst also close by is Leith Links and Ocean Terminal. Easter Road itself is the home to one of Scotland’s most famous football teams Hibernian.

Our client has owned and operated a café and takeaway from this location since 2018 building up a loyal following and an excellent reputation. It’s All Good has been placed on the market due to relocation.

The subjects are held on the basis of a FRI lease to July 2028 and the annual rental is £12,000.

A guide price of £39,500 is sought for the leasehold interest in the property and all fixtures & fittings pertaining thereto. The coffee machine is on a lease purchase with c.12 months left on the agreement.

Property Information

Property:

Leasehold

Lease Terms:

The subjects are held on the basis of a FRI lease to July 2028.

Leasehold Rent:

£12,000 per annum

Location:

The subjects form part of a terraced property located at the corner of Easter Road and Brunswick Road with three storeys of residential accommodation above. The business occupies the ground floor and basement and benefits from a predominantly glazed frontage with signage above.

Premises Details:

Entrance is gained via a corner doorway which opens out into a bright modern 16 cover café. The service counter separates the customer area from a well fitted commercial kitchen with full extraction. Ancillary WC and basement which is utilised for storage. There is space and tables/chairs for 12 external covers.

Business Operation

Expansion Potential:

There is massive scope to expand on the limited hours that our client currently operates. Although popular in its current guise, the unit would also lend itself to a number of alternative cuisine offerings.

Reasons for selling:

Relocation.

Trading hours:

Opening Hours:
10.30am-3.30pm – Wednesday to Sunday.
Closed – Monday and Tuesday.

Years established:
4

Other Information

Related Documents:

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