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Renroc Café, 89-91 Montgomery Street, Edinburgh, EH7 5HZ

£30,000

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Cafe for sale

Key features

  • Prominent Roadside Location
  • High Footfall Area / Popular Local Business
  • Trading over Two Floors
  • Fully Licensed Café /Restaurant Bar
  • Opportunity to Develop Food Trade
  • Annual Rent £35,000 / EPC Rating "F"
  • Christie & Co Ref: 5265445

Description

Description

This fully licensed café/restaurant is currently operating as local coffee shop with food. The business has been operated by the current owner for ten years and is now wishing to sell to concentrate on other business interests.

The café/restaurant has always offered a high and consistent level of quality service to its customers due to its prominent location. The café/restaurant gains business from passing trade and local residents visiting nearby Leith Walk and Easter Road, a very busy area with local bars, restaurants, shops and residential accommodation.

Location

Leith is a buzzing port district, home to hip creatives and long-time locals. Waterfront seafood bistros and traditional pubs dot the area.

The riverside Water of Leith Walkway and Leith Walk, a busy street with food and thrift shops, link the area with the city centre.

Renroc Café is easily accessible from Edinburgh City Centre via the tram network or bus and sits in a upmarket suburban housing area located off Leith Walk.

Internal Details

The property can be accessed from the main street offering a cosy small space with its original corniced ceilings, comfortably seating for around 16 customers and a service counter used for takeaways. The downstairs space can be accessed via a spiral staircase, which has been under utilised and available for additional seating or can be hired out for private events. The unique space has original stone walls and original cast iron ovens dating back to the early 1900's, when the business formally traded as a bakery.

A good sized prep space is located to the rear of the downstairs area. There is potential to install ventilation for a fully fitted commercial kitchen.

The kitchen is located at the back of the restaurant and offers comfortable space for chefs to work in. Following on from the kitchen are ladies and gents WC's with disabled access also granted in the ladies. There is ample storage space located to the side of the prep kitchen with sufficient fridge space.

There is two additional rooms located to the rear of the basement level that was previously rented out for alternative use. These are now available within the new lease terms.

Fixtures & Fittings

All fixtures and fittings are included in the leasehold sale apart from any personal items.

External Details

There is additional outside seating for c.12 people, partially covered by a retractable awning.

The Opportunity

Renroc Café is a cosy, popular and well established café/restaurant with a prominent roadside location and huge potential to grow further revenue streams. There is a clear opportunity for an existing restauranteur, café/bistro operator to continue the current offering or change to attract more takeaway and food trade.

The surrounding area is synonymous with a wide range of quality licensed businesses along with a wide selection of other catering and retail offerings.

Staff

No staff will be transferred as the current tenant operates

Tenure

A new lease with a minimum term of 10 years will be available.

Business Rates

The Rateable Value as at 1 April 2023 is £22,000. Confirmation of actual rates payable can be obtained from the local Authority.

Regulatory

Premises Licence

Energy Performance Certificates

EPC 1

Brochures

Renroc Café, 89-91 Montgomery Street, Edinburgh, EH7 5HZ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Edinburgh Waverley Station0.7 miles
  • Haymarket Station1.8 miles
  • Brunstane Station3.3 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

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Notes

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Disclaimer - Property reference 5265445-lh. 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 Christie & Co, Pubs & Restaurants. 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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