Restaurant for sale

62 High Street - EH21

£59,000

Property Description

Commercial information

  • Business for sale

Key features

  • Won best musselburgh business 2016
  • Price reduced due to family commitments
  • Loyal clientele, leasehold, long established, reluctantly brought to the market
  • Excellent business development opportunity

Full description

Tenure: Leasehold

Description
The Burgh Cafe is an extremely busy business which has been run by the current proprietor since 2007.The business is now well established and has built up a reputation for being one of the town’s best places to enjoy a light meal or lunch with friends. The business is being sold due to the current vendors wish to retire from the hospitality industry.

The Burgh Cafe has built up an excellent reputation for traditional café fare.

The vendors currently operate the business seven days per week open from 0800-1700

The Café offers an excellent selection of breakfast fare, light snacks, soup and sandwich platters, lunches, baked potatoes and deserts.

The Burgh Cafe offers and excellent opportunity to expand the business to offer evening meals along with an alcohol licence.


Situation
Burgh Cafe occupies an enviable location in the centre of Musselburgh.
Musselburgh lies to the east of Edinburgh City Centre and is a popular suburb of the city. The business is surrounded by both commercial and residential properties.


Building Internal
The property is a traditionally built terraced lock up over the ground floor. The main entrance is from the front which in turn leads to all areas private and public. The service counter is located to the left on entering. The seating area is well presented, offering seating for 50 persons. To the rear of the seating area you will find the service areas.

The fully fitted commercial kitchen is well maintained and of excellent size. There is additional storage next to the kitchen.

Ladies and Gents facilities are well situated off the main dining area


Building External
The front of the property is straight to street. There is additional outside seating for 8 persons to the front, by way of aluminum tables and chairs There is ample on street parking.

Services
We have been advised that all mains services are fitted.

Tenure
The property is held on the Scottish equivalent of leasehold. There is a new lease in place for 10 years from January 2016. The current rental is £500 PCW.

Accounts
Full trading Figures will be made available after a formal viewing has taken place.

Summary
The sale of The Burgh Café offers a great opportunity to purchase a well established business, with excellent potential to expand the business. The business benefits from an excellent location and reputation. Viewing is highly recommended.

Price
Offers over £59,000 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

Inventory
An inventory will be compiled to detail all items of a personal nature excluded from the sale and items subject to lease, this will be available to all parties wishing to offer.



Viewing
Strictly by appointment through the sellers’ sole agents, Bruce & Company. Please remember when viewing that staff and locals may not be aware that the business is on the market and we would be grateful if you do not talk openly about the business while in the area.


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 us on 0131 314 0660.


Nearest stations

  • Musselburgh (1.1 mi)
  • Wallyford (1.3 mi)
  • Newcraighall (1.8 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

  • Musselburgh (1.1 mi)
  • Wallyford (1.3 mi)
  • Newcraighall (1.8 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 44345. 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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