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Well-Presented Convenience Store On Morningside Road, Edinburgh For Sale

Edinburgh, Edinburgh City, UK
Asking Price:
£50,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Well-presented convenience store. Prime trading location on busy Edinburgh thoroughfare. Additional revenue through phone/IT repairs. Modern fixtures and fittings throughout. c.68 square metres. Scope to adapt and develop existing business. Annual rent £18,000.

LEASEHOLD Guide price £50,000 plus stock at valuation.

Visco sits on Morningside Road, close to the junction at Church Hill in the heart of popular Morningside which is a suburb on the southside of Edinburgh. This prominent location is one of the most desirable and affluent areas in Scotland’s capital and is home to a wide range of independent retail outlets, cafes and restaurants as well as some national companies such as Waitrose and Marks & Spencer.

The area is well served by public transport with the city centre reachable by bus in approximately 15 minutes or on foot within a 30-minute leisurely walk.

Edinburgh city by-pass is located further to the south with Morningside Road being one of the busiest thoroughfares connecting it with the city centre.

Parking is available both on Morningside Road as well as in the surrounding areas.
Visco operates as a convenience store whilst also offering a phone and IT repair service adding additional income. The shop is fitted out to a high standard with quality fixtures and fittings throughout.

Turnover is derived from the sale of soft drinks, confectionery, crisps, tobacco and vapes, alcohol and a small selection of groceries through passing trade and from the many residential properties alongside and in nearby Bruntsfield and Colinton.

The current owner has placed the business on the market to concentrate on other business interests, ideally would suit a hands-on operator.

The premises benefit from a Premises Licence under the Licensing (Scotland) Act 2005.

Property Information

Property:

Leasehold

Lease Terms:

The subjects are held on the basis of a FRI lease and the annual rental is £18,000. Lease expires in 2044.

Location:

The business trades on Morningside Road in the heart of this popular residential suburb directly opposite The Church Hill Theatre.

Business Operation

Trading hours:

Monday – Saturday 9.00am – 8.00pm. Sunday 10.00am – 7.00pm.

Other Information

Related Documents:
Member ? This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.

This broker is part of BrokerCode, a BusinessesForSale.com initiative recognising brokers who commit to integrity, transparency, and professional standards.