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  sold business


moon
 
Central Business Sales
City Centre Cafe in Highly Sought After Location - Ref 1365
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Business information

 Price:  £95,000.00
 Market Status:  Leasehold
 MLS ID: 1365
 Category: Catering

Central Business Sales are delighted to offer to the  market a very rare opportunity to purchase this extremely popular and successful cafe and catering business. The cafe has 26 covers with the potential to expand the outside catering side of the business. The high footfall location attract a large number of customers on a daily basis and is busy all rear round with the many students and tourists that are in the area. The premises benefit from a restricted class 3 license.

The business has been successfully trading with year on year profit and turnover increases since opening in 2008. Fully fitted to a high specification with all equipment required to run this busy and well loved cafe in the city centre of Edinburgh.

Excellent return custom, superb reviews and renowned and extremely profitable catering side to the business that is continually growing with fully fitted catering kitchen included. A new owner could also expand the opening hours in the morning and also in the evenings.

The premises are approximately 90m² and are in excellent condition throughout. The unit comes with a brand new 10 year lease with a rental value of £13,500 per year and 100% rates relief applies under the Small Business Bonus Scheme. There are also customer toilets, a storage room and an office to the rear. The business is management run with 3 full time and 3 part time staff. Offers over £95,000.

***PLEASE NOTE ALL VIEWINGS AND CONTACT MUST BE MADE THROUGH CENTRAL BUSINESS SALES - DO NOT MAKE A DIRECT APPROACH TO THE OWNER OF THE BUSINESS OR ANY STAFF MEMBERS***



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