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Retail Property (high street) for sale

20 Broughton Street - EH1


Property Description

Commercial information

  • Business for sale

Key features

  • City Centre Location
  • Leasehold
  • Huge Potential
  • Long Established

Full description

Tenure: Leasehold

Bruce & Co. are delighted to introduce Lifestyle Express, a well-run and popular shop located in the heart of Edinburgh City Centre. The business was started by our client 21 years ago and they have reluctantly placed it on the market due to family commitments. The store stocks a selection of convenience/grocery items, alcohol, cigarettes and confectionary. Although trading successful, we believe turnover could be increased with expanding some of the retail lines. Additionally, the business is currently run by staff and if the new owner chooses to owner operate this would undoubtedly increase profit.

Trading Hours
07.30-22.00 7 Days a week

Staff run with part time staff

Lifestyle Express is well located on Broughton Street in the highly desirable EH1 postal code of Edinburgh. The shop is conveniently located opposite a bus stop and is a short 10 minute walk from Edinburgh’s renowned Princes Street not to mention many tourist attractions.

Building internal
The business premises occupy a purpose built unit positioned underneath residential flats. The shop floor is well designed with a functional service counter located at the right hand side with spirits and tobacco behind the counter. The shop is arranged with 2 isles which provide ample shelving and display opportunities all around the shop floor along with several refrigeration units. The business also benefits from a store room located to the rear along with staff WC facilities.

Building External
The business is straight to street with parking available in nearby streets.

The property has all main services connected.

We have been advised that a lease will be granted to new owners with the term negoiable and rent of £12,900 PA.

Trading Figures
Full trading figures will be available after a formal viewing has taken place.

This prospect offers potential buyers with a fantastic walk in opportunity in an already well run and profitable business with huge scope to increase sales turnover and all at an extremely competitive asking price! Early viewing essential!
Offers over £84,995 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.

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 office on 0131 314 0660.

Map & Street View

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