Restaurant for sale23 Leven Street - EH3
- Business for sale
- Main road location
- Fully fitted with 10 PC stations
- Well presented
- 20 covers
Bruce and Co. are delighted to offer to the market this well-presented Internet Café located in the capital city of Edinburgh. Since our clients took ownership of the business over 3 years ago they have continually developed and improved the business, which shows in the year on year increase in turnover and profitability. Our clients inform us that weekly turnover is derived from internet use, printing facilities, laminating, photocopying and a popular hot & cold food menu. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade as well as visitors to the area. Although the business is trading well it still has great potential for new owners, one way of doing this could be in the form of evening opening along with the small development of the courtyard to the rear.
The business is managed by owner run with part time staff
This highly popular and well known Internet cafe occupies a single unit ground floor on a row of shops. The premises are surrounded by a variety of residential and commercial properties and the business enjoys a high footfall and receives much passing trade due to its main road location into the city centre. This traditional building is of stone appearance and benefits from large display windows to the front of the property. Entrance to the property is from the front of the building and this entranceway leads into the seating area which has covers for 16. Beyond the seating area are the 11 computer stations along with printers and scanners. The property has wc facilities located in the outbuilding to the rear along with storage. The entire property is fully equipped and fitted to a good standard with everything necessary for this type of operation in place.
The property occupies an excellent trading position. The property also benefits from a courtyard to the rear which has a great opportunity for expansion.
The property has mains water, drainage and electricity.
Accounts available after formal viewing has taken place.
This is a superb opportunity to purchase an established business, which is a great base to build upon and as such early viewing is highly recommended as businesses of this caliber is rarely stay on the market for long.
Call to Action
Should you require further information on this or any other property, please do not hesitate to contact us on 0131 314 0660.
The current lease is 10 years with 7 years left with rental of £12k pa inc vat.
Offers over £74,995 leasehold. Stock in trade will be additional at valuation.
The business is conveniently located and is within close proximity to the Kings Theatre, the financial institutions and offices of the west of the city, and is within walking distance of Princes Street, George Street and the Old Town. There is a wide range of local amenities nearby on Home Street, where a variety of specialist shops, banks, cafes, restaurants and bars can be found, along with further amenities on Lothian Road, including a Co-operative supermarket. There is plenty of open space within walking distance, including the Union Canal, the Meadows and Bruntsfield Links. An excellent public transport system services the area, linking you with the city centre and further afield.
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