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Restaurant for sale

16 Buckstone Terrace - EH10

Under Offer £30,000

Property Description

Commercial information

  • Business for sale

Key features

  • Leasehold
  • Long established cafe
  • Well presented
  • Excellent first business opportunity

Full description

Tenure: Leasehold

Teatopia is a well ran and busy business which has been run by the current proprietor since February 2016.The business is now well established and has built up a reputation for being one of the town’s best places to enjoy a light meal or lunch with friends. The business is being sold due to the current vendors ongoing health issues.

Tearopia has built up an excellent reputation for traditional café fare.

The vendors currently operate the business six days per week open from 0830-1700 Monday to Saturday.

The Café offers an excellent selection of breakfast fare, light snacks, soup and sandwich platters, lunches, baked potatoes, hot meals, and home baking to either sit in or take away.

Teatopia offers and excellent opportunity to expand the business to offer evening meals along with an alcohol licence.

Teatopia occupies an enviable location on Buckstone Terrace, in the Fairmilehead area of Edinburgh.

Building Internal
The property is a traditionally built terraced lock up over the ground and basement levels. The main entrance is from the front which in turn leads to all areas private and public. The service counter is located to the rear on entering. On the ground floor you will find seating 22 persons. The seating area is well presented with wooden flooring, and high back chairs. The service counter benefits from a chilled deli display cabinet, with ample work surfaces to the rear.

Also locate on the ground floor is a disabled WC and fire exit door.

On the basement level, you will find additional seating for 18 persons. This area is more informal with a mix of soft seating and wooden tables. The basement also contains the kitchen.

The kitchen benefits from a commercial extraction unit, with domestic electric hob and units.

Ladies and Gents facilities are well situated off the basement dining area.

Building External
The front of the property is straight to street. There is ample parking in the surrounding area.

We have been advised that all mains services are fitted.

The property is held on the Scottish equivalent of leasehold. The current lease runs for a period of 15 years from February 2016. We are advised the monthly rental is £1062.

Full trading Figures will be made available after a formal viewing has taken place

The sale of Teatopia offers a great opportunity to purchase a well established business, with excellent potential to expand the business. The business benefits from an excellent location and reputation. Viewing is highly recommended

Call to Action
OIRO £30,000 are sought for the leasehold, fixtures, fittings and goodwill. Stock in trade will be additional at valuation.
Dishwasher and Coffee Machine are leased.

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.

Map & Street View

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