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Busy and successful cafe café restaurant coffee shop business for sale in Newington

Meadows, Edinburgh £36,000
8 days ago


We have for sale our very busy and well presented café in the heart of bustling Newington.
Currently seating for 17 covers (but could be expanded) and takeaway, plus the option for extra tables and chairs outside. Situated on East Preston Street, the café benefits from excellent foot fall from locals, students, office workers and tourists. There is parking directly outside at the weekends. There is plenty of scope to develop new and existing trade, building on our current customer base including many regulars. There is a large coffee and cake counter in the main part of the premises and, along a short hallway, a great sized fully fitted class 3 kitchen, an area for the commercial fridge and freezer, two store rooms, a store cupboard and two loos.

Turnover is based on opening 5 days a week (Wed-Fri 9am -4pm and Sat-Sun 10am -4pm), so the potential to expand these hours is huge. The café is comfortably run with two employees. We have held a number of booked evening functions with great success and these could be incorporated into a healthy extra turnover. Accounts will be available on viewing.

Excellent reviews on Facebook and Google from regulars and tourists. A customer has also put us onto Trip Advisor and five star reviews are coming in thick and fast.

The asking price is £36,000 to represent the leasehold interest, food stock, equipment, web domain names & website, all fixtures and fittings, fire certificate (valid until 7/17), business waste contract, and goodwill for our existing solid customer base. We are happy to give details and provide an introduction to our suppliers if interested. This café is ready to hit the ground running.
Retail stock (pictures, cards & gifts) is available by separate negotiation.

Rateable value is £8700 and the café benefits from 100% small business relief.

Leasehold Terms:
5 Years remaining with a rent of only £8,000 p/a (£666.67 pcm).

Please contact us to arrange viewing.

Ad ID: 1194661401

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