Restaurant for sale

18 William Street - EH3

£40,000

Property Description

Commercial information

  • Business for sale

Key features

  • Great location in Central Edinburgh
  • Fully renovated
  • Low rental
  • Excellent expansion opportunity

Full description

Tenure: Leasehold

Description
Kristoff Koffee is a well run business that has been owned and ran by the current vendor since June 2016. Since purchasing the leasehold, the current vendors have spared no expense in carrying out a full renovation and rebranding, enjoying much success since the relaunch in June 2016. The business has been placed on the market due to the vendors other business commitments. The business trades throughout the year, and benefits from a good base of local clientele. It enjoys much repeat custom, particularly due to its excellent location surrounded by both commercial and residential properties.


Situation
The coffee shop sits conveniently on William Street in the West End of Edinburgh City Centre, a walk from Princes Street. The business benefits from passing trade as well as repeat custom from locals nearby. The location also has excellent transport links by way of bus, cars and trams.


Building Internal
Kristoff Koffee occupies a terraced building on William Street over the ground floor. The main entrance is from the front, which leads to a modern and welcoming seating area. To the left on entry you will find the service counter. The counter is well presented with service area and glass display unit. To the rear the area is well thought out to provide ample areas for preparation of cold food.

The seating area can accommodate 20 persons, being well furnished with a good mix of tub chairs, upholstered wooden chairs and tables. The seating area is well presented and tastefully decorated.

Ladies and Gents facilities are located to the rear of the dining area.


Trading Hours
Kristoff Koffee trades 5 days per week. The business trades from Monday to Friday 0700-1500. This is due to the vendor’s time constraints. The business would greatly benefit from opening later and at weekends, offering a great opportunity for growth of the business.

The business offers a wide range of café fare, including cold filled rolls, cakes, Illa coffee and a selection of teas.


Building External
The property sits straight to street, with ample on street parking.

We are advised all mains services are present. There is no gas.


Tenure
The property is held on the Scottish equivalent of leasehold. The annual rental is £1300 per calander month. The lease runs for a period of 9 years from June 2016.

Licence
The business conforms to all fire regulations.

Accounts
Accounts are available on request after a formal viewing has taken place.

Summary
The sale Kristoff Koffee offers a rare opportunity to purchase a high quality, beautifully presented business which is trading well but with potential for expansion of the business.

Price
OIRO £40,000 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Call To Action
All offers, couched in Scottish Legal Terms, should be submitted to the seller’s sole agents Bruce & Company.

Further Information
Should you require further information on this or any other property, please do not hesitate to contact our office on 0131 3140660.


Nearest stations

  • Haymarket (0.4 mi)
  • Edinburgh Waverley (0.9 mi)
  • Edinburgh (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Haymarket (0.4 mi)
  • Edinburgh Waverley (0.9 mi)
  • Edinburgh (0.9 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Bruce & Co

First Floor Office, Unit 9A South Gyle Crescent, Edinburgh, EH12 9EB

0131 291 0567 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 45270. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by ALTIUS GROUP LIMITED, Bruce & Co. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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