Renroc Café, 89-91 Montgomery Street, Edinburgh, EH7 5HZ
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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
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.
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.
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.
All fixtures and fittings are included in the leasehold sale apart from any personal items.
External DetailsThere is additional outside seating for c.12 people, partially covered by a retractable awning.
The OpportunityRenroc 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.
No staff will be transferred as the current tenant operates
TenureA new lease with a minimum term of 10 years will be available.
Business RatesThe Rateable Value as at 1 April 2023 is £22,000. Confirmation of actual rates payable can be obtained from the local Authority.
RegulatoryPremises Licence
Energy Performance Certificates
EPC 1Brochures
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
Notes
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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