Convenience Store for sale

138 Marchmont Road, Edinburgh, EH9

Leasehold 141 sq. m. | £74,999

Property Description

Commercial information

  • 1,517 sq ft (141 sq m)

Key features

  • REF: 2476
  • LEASEHOLD CONVENIENCE STORE
  • OFFERS IN THE REGION OF

Full description

Tenure: Leasehold

LOCATION
D F McLeod is situated on a busy main road location, amongst a parade of complementary businesses. The area is a highly desirable and densely populated pocket of Edinburgh. The shop is located approximately 10 minutes drive away from Edinburgh city centre and Edinburgh Train Station.

Edinburgh is the capital city of Scotland, It is the second most populous city in Scotland and the seventh most populous in the United Kingdom. Edinburgh has a population of circa 487,500 and lies at the heart of a larger urban zone with a population of 778,000. The city has long been known as a centre of education with 4 universities within close proximity to the business.

The city's historical and cultural attractions have made it the second most popular tourist destination in the United Kingdom after London, attracting over one million overseas visitors each year.

Historic sites in Edinburgh include Edinburgh Castle, Holyrood Palace, the churches of St. Giles, Greyfriars and the Canongate, and the extensive Georgian New Town, built in the 18th century.

BUSINESS
Hilton Smythe is delighted to welcome to the market this long established greengrocer business in Edinburgh. The business was established in 1912 and has been in our clients careful hands since 1988.

The business is only now being offered to the market due to our clients desire to take a well-deserved retirement. The business is open 6 days a week and generates a fantastic turnover in the region of 140,000 per annum with a gross profit of approximately 47%.

D F McLeod is a well-established greengrocer that has been trading for over 100 years. The shop has a vast loyal and repeat customer base. Our client has maintained a fantastic reputation with the customers over the many years he has run the business. The shop benefits from having no competition from large supermarkets.

The shop sells a wide variety of produce including fruits, vegetables, a range of soups, ice cream, handmade chocolates, a selection of cheeses, chutneys, meats, deli counter rolls, high end groceries, oils and tinned foods. The shop prides itself on selling products you don't find in supermarkets for reasonable prices.

We are advised the shop has many loyal Spanish and Italian customers, our client has expanded the product lines to cater for this market, which has proven to be very popular. The products include quality chorizos, habaddo beans, Spanish cheeses, rice's, real pasta and rice's from Napoli.

This is a tremendous opportunity to own this highly desirable business, an early viewing must come highly recommended to avoid disappointment.

PREMISES
Double fronted parade premises, briefly summarising:-

The premises is situated on a retail parade and features an eye catching exterior display with prominent signage. The exterior is finished in a vibrant green colour and has large windows. The windows bring a lot of light in to the premises, which provides a bright and airy feel.

The entrance leads to the main sales area, the area is fitted with high quality wooden shelving on the left side, used for displaying products and to the right side are chillers, used for displaying vegetables, fruit, meats and diary products.

To the rear of the shop floor is a serve over refrigerated counter displaying produce, with a preparation area, wooden wall display and a drinks chiller. In front of the counter are further display racking.

A store room is in place to the rear of the premises, which is accessed via a door at the back of the sales area. The store room is fitted with a counter and sink area.

Further wooden displays are situated in front of the premises

TENURE
We are advised leasehold.

Our client owns the freehold.
Lease terms to be negotiated.

HOURS
The business is open:

Monday - Friday: 7am - 8pm
Saturday: 8am - 5pm
Sunday: Closed

STAFF
The business is owner run and managed with the assistance of 1 full time and 1 part time staff member.

FINANCIAL PROFILE
We are advised the business generates a turnover in the region of 140,000 per annum and a gross profit of approximately 47%.


Nearest stations

  • Haymarket (1.2 mi)
  • Edinburgh Waverley (1.2 mi)
  • Edinburgh (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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 (1.2 mi)
  • Edinburgh Waverley (1.2 mi)
  • Edinburgh (1.2 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Hilton Smythe, Bolton

20 Wood Street, Bolton, BL1 1DY

01204 299002 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 2476. 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 Hilton Smythe, Bolton . 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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